HomePennsylvaniaLebanon CountyPalmyra
Palmyra, Pennsylvania: commercial real estate data.
Palmyra is a Census borough of 7,755 people across 1.92 square miles of land, in Lebanon County. Median household income is $77,469, 58.0 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $6.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Palmyra
What Palmyra is
- Census place typeborough
- Land area1.92 sq mi
- Water area0 sq mi
- Population per square mile of land4,033
- County holding the largest share of its areaLebanon 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
- Population7,755
- Median age34.1
- Population under 181,782 plus or minus 370
- Share under 1823.0 percent plus or minus 4.8
- Population 65 and over1,333
- Share 65 and over17.2 percent
- Households2,936
- Family households1,812
- Share of households that are families61.7 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$77,469
- Per capita income$36,934
- Civilian labor force4,430
- Employed4,275
- Unemployed155 plus or minus 96
- Unemployment rate3.5 percent plus or minus 2.2
- Adults 25 and over5,143
- Adults 25 and over with a high school diploma or higher93.3 percent
- Adults 25 and over with a bachelor degree or higher29.5 percent
- Adults 25 and over with a graduate degree10.9 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmyra
Housing in Palmyra
- Housing units3,086
- Occupied units2,936
- Vacant units150 plus or minus 95
- Vacancy rate4.9 percent plus or minus 3.0
- Owner occupied1,703
- Renter occupied1,233
- Ownership rate58.0 percent
- Median owner-occupied home value$227,500
- Median gross rent, monthly$1,084
- Annual rent as a share of median income16.8 percent
- Single family units2,099
- Share single family68.0 percent
- Units in buildings of two or more842 plus or minus 178
- Share in buildings of two or more27.3 percent
- Mobile homes145 plus or minus 55
- Median year structure built1957
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 commute3,418
- Commuting under 15 minutes1,419 plus or minus 286
- Share commuting under 15 minutes41.5 percent
- Commuting 30 minutes or more762 plus or minus 187
- Share commuting 30 minutes or more22.3 percent plus or minus 5.0
- Drove alone64.3 percent
- Carpooled12.1 percent plus or minus 4.0
- Public transport0.0 percent
- Walked2.0 percent plus or minus 1.3
- Worked from home19.8 percent plus or minus 5.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmyra
SBA loans in Palmyra (7(a))
- Approvals14
- Gross approval$6,098,400
- Average approval$435,600
- Median approval$212,500
- Largest approval$3,000,000
- Jobs supported93
- Jobs per approval6.6
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises28.6 percent
- Distinct lenders7
- Distinct industries by NAICS9
Counted by borrower city: approvals to borrowers whose address is in Palmyra, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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$622,000
- Average approval$311,000
- Median approval$311,000
- Largest approval$373,000
- Jobs supported8
- Loans with a final outcome1
- Charged off0
- Median term270 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Palmyra, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Palmyra
Flood risk in Palmyra
- NFIP communityBorough of Palmyra
- NFIP community number420578
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/08/20(M)
The Borough of Palmyra participates in the National Flood Insurance Program as community 420578 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lebanon County, not Palmyra
Lebanon County context, not Palmyra figures
- Establishments in Lebanon County2,811
- Covered employment, Lebanon County53,500
- Average annual pay, Lebanon County$55,454
- Housing units permitted, Lebanon County324
Every figure in this section is published for Lebanon County as a whole and is not a measurement of Palmyra.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Palmyra questions, answered from the record.
How many people live in Palmyra, Pennsylvania?
7,755, in 2,936 households. Palmyra borough covers 1.92 square miles of land, which is 4,033 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?
Lebanon 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?
$77,469. The median owner-occupied home is valued at $227,500. Median gross rent is $1,084 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?
14 7(a) approvals totaling $6.1 m since FY2020, across 7 lenders, median approval $212,500, plus 2 504 approvals worth $622,000 since FY2010. 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 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Palmyra in the National Flood Insurance Program?
Yes. Palmyra appears in the FEMA Community Status Book as Palmyra, borough of, community 420578, 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 labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lebanon 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?
No. Nothing on this page presents parcel level zoning.