HomeNew YorkWayne CountyPalmyra village
Palmyra village, New York: commercial real estate data.
Palmyra village is a Census village of 3,287 people across 1.35 square miles of land, in Wayne County. Median household income is $64,983, 50.0 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $628,500.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Palmyra
What Palmyra is
- Census place typevillage
- Land area1.35 sq mi
- Water area0 sq mi
- Population per square mile of land2,440
- County holding the largest share of its areaWayne County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmyra
How many people live in Palmyra
- Population3,287
- Median age35.3
- Population under 18681 plus or minus 178
- Share under 1820.7 percent plus or minus 5.4
- Population 65 and over524 plus or minus 117
- Share 65 and over15.9 percent plus or minus 3.6
- Households1,489
- Family households837
- Share of households that are families56.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmyra
Income and work in Palmyra
- Median household income$64,983
- Per capita income$32,338
- Civilian labor force1,771
- Employed1,759
- Unemployed12 plus or minus 20
- Unemployment rate0.7 percent plus or minus 1.1
- Adults 25 and over2,121
- Adults 25 and over with a high school diploma or higher92.3 percent
- Adults 25 and over with a bachelor degree or higher25.5 percent plus or minus 6.4
- Adults 25 and over with a graduate degree10.6 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmyra
Housing in Palmyra
- Housing units1,637
- Occupied units1,489
- Vacant units148 plus or minus 96
- Vacancy rate9.0 percent plus or minus 5.8
- Owner occupied745
- Renter occupied744 plus or minus 159
- Ownership rate50.0 percent
- Median owner-occupied home value$129,700
- Median gross rent, monthly$937
- Annual rent as a share of median income17.3 percent
- Single family units898
- Share single family54.9 percent
- Units in buildings of two or more729 plus or minus 200
- Share in buildings of two or more44.5 percent plus or minus 11.6
- Mobile homes0
- Median year structure built1944
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmyra
How Palmyra gets to work
- Workers 16 and over who commute1,543
- Commuting under 15 minutes417 plus or minus 146
- Share commuting under 15 minutes27.0 percent plus or minus 8.9
- Commuting 30 minutes or more498 plus or minus 138
- Share commuting 30 minutes or more32.3 percent plus or minus 8.1
- Drove alone80.7 percent
- Carpooled11.2 percent plus or minus 6.4
- Public transport0.7 percent plus or minus 1.0
- Walked1.0 percent plus or minus 1.3
- Worked from home6.2 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmyra
SBA loans in Palmyra (7(a))
- Approvals7
- Gross approval$628,500
- Average approval$89,786
- Median approval$40,000
- Ninetieth percentile approval$252,500
- Largest approval$252,500
- Jobs supported25
- Jobs per approval3.6
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS6
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Palmyra
SBA loans in Palmyra (504)
- Approvals2
- Gross approval$1,414,000
- Average approval$707,000
- Median approval$1,296,000
- Largest approval$1,296,000
- Jobs supported12
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Palmyra
Flood risk in Palmyra
- Listed NFIP communities2
- Of those, participating2
- NFIP community number360974
- Currently effective map date11/13/26(>)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Wayne County, not Palmyra
Wayne County context, not Palmyra figures
These are Wayne County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Palmyra measurements.
- Establishments in Wayne County1,673
- Employment at those establishments, Wayne County19,614
- Covered employment, Wayne County28,230
- Average annual pay, Wayne County$56,984
- Average weekly wage, Wayne County$1,096
- Housing units permitted, Wayne County263
- Of those, single family, Wayne County144
- County product, 2024, Wayne County$5,129,939,000
- County product change over the prior year, Wayne County2.1 percent
- Average income of an arriving household, Wayne County$56,769
Every figure in this section is published for Wayne County as a whole and is not a measurement of Palmyra. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Palmyra questions, answered from the record.
How many people live in Palmyra, New York?
3,287, in 1,489 households. Palmyra village covers 1.35 square miles of land, which is 2,440 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Palmyra in?
Wayne County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Palmyra?
$64,983. The median owner-occupied home is valued at $129,700. Median gross rent is $937 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Palmyra businesses?
7 7(a) approvals totalling $628,500, across 5 lenders, median approval $40,000, plus 2 504 approvals worth $1.4 m. These count approvals to borrowers whose address is in Palmyra, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Palmyra borrowers get paid back?
No rate is published for Palmyra. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Palmyra in the National Flood Insurance Program?
Yes. Palmyra appears in the FEMA Community Status Book as community 360974, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Palmyra figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wayne County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Palmyra.
Is zoning published for Palmyra?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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