The median household income in Palmyra, IN in 2022 was $47,225, which was 41.4% less than the median annual income of $66,785 across the entire state of Indiana. Compared to the median income of $36,964 in 2000 this represents an increase of 21.7%. The per capita income in 2022 was $27,556, which means an increase of 45.2% compared to 2000 when it was $15,114.
Whole page based on the data from 2000 / 2022 when the population of Palmyra, Indiana was 633 / 1,332
Income statistics for all residents
Median household income in Palmyra, IN in 2022:
Palmyra:
$47,226
Indiana:
$66,785
Change in median household income between 2000 and 2022:
Palmyra, Indiana:
+27.8%
State:
+60.7%
Number of households with income < $10k:
Palmyra:
3.5% (20)
State:
5.6% (151,905)
Number of households with income $10k - 20k:
Palmyra:
21.9% (124)
Indiana:
7.1% (193,665)
Number of households with income $20k - 30k:
Palmyra:
9.0% (51)
Indiana:
7.8% (213,166)
Number of households with income $30k - 40k:
Palmyra:
14.3% (81)
Indiana:
8.5% (231,051)
Number of households with income $40k - 50k:
Palmyra:
4.2% (24)
Indiana:
8.4% (227,994)
Number of households with income $50k - 60k:
Palmyra:
13.1% (74)
Indiana:
7.7% (210,699)
Number of households with income $60k - 75k:
Palmyra:
6.5% (37)
State:
10.3% (279,665)
Number of households with income $75k - 100k:
Palmyra:
13.4% (76)
State:
14.1% (383,225)
Number of households with income $100k - 125k:
Palmyra:
6.5% (37)
State:
10.3% (279,559)
Number of households with income $125k - 150k:
Palmyra:
3.9% (22)
Indiana:
6.3% (172,553)
Number of households with income $150k - 200k:
Palmyra:
0.0% (0)
State:
7.3% (198,086)
Number of households with income > $200k:
Palmyra:
3.5% (20)
State:
6.8% (184,921)
Aggregate household income in Palmyra in 2022: $36,659,043
Median family income in Palmyra in 2022:
Palmyra:
$58,647
Indiana:
$84,508
Number of families with income < $10k:
Palmyra:
3.2% (9)
Indiana:
3.5% (60,982)
Number of families with income $10k - 20k:
Palmyra:
9.8% (28)
State:
3.8% (66,551)
Number of families with income $20k - 30k:
Palmyra:
3.7% (11)
Indiana:
4.7% (82,197)
Number of families with income $30k - 40k:
Palmyra:
9.5% (28)
Indiana:
6.2% (108,519)
Number of families with income $40k - 50k:
Palmyra:
6.5% (19)
State:
7.3% (126,404)
Number of families with income $50k - 60k:
Palmyra:
18.9% (55)
State:
7.4% (128,779)
Number of families with income $60k - 75k:
Palmyra:
9.5% (28)
State:
10.7% (185,712)
Number of families with income $75k - 100k:
Palmyra:
22.8% (66)
Indiana:
16.1% (280,434)
Number of families with income $100k - 125k:
Palmyra:
3.6% (10)
State:
12.7% (221,659)
Number of families with income $125k - 150k:
Palmyra:
5.9% (17)
State:
8.2% (142,241)
Number of families with income > $200k:
Palmyra:
6.9% (20)
State:
9.5% (164,753)
Median non-family income in Palmyra in 2022:
Palmyra:
$24,643
State:
$39,768
Change in median non-family income between 2000 and 2022:
Palmyra, Indiana:
+3.8%
State:
+67.9%
Median per capita income in Palmyra in 2022:
Palmyra:
$27,557
State:
$35,984
Change in median per capita income between 2000 and 2022:
Palmyra, Indiana:
+82.3%
Indiana:
+76.4%
Income statistics for White residents
Median household income in Palmyra, IN in 2022:
Palmyra:
$47,747
Indiana:
$70,619
Change in median household income between 2000 and 2022:
Palmyra, Indiana:
+33.0%
State:
+65.2%
Number of households with income < $10k:
Palmyra:
3.4% (19)
Indiana:
4.5% (100,447)
Number of households with income $10k - 20k:
Palmyra:
21.9% (121)
Indiana:
6.5% (144,216)
Number of households with income $20k - 30k:
Palmyra:
8.2% (45)
Indiana:
7.5% (166,045)
Number of households with income $30k - 40k:
Palmyra:
14.9% (82)
State:
8.1% (179,206)
Number of households with income $40k - 50k:
Palmyra:
4.2% (23)
Indiana:
8.1% (178,985)
Number of households with income $50k - 60k:
Palmyra:
13.2% (73)
State:
7.8% (171,865)
Number of households with income $60k - 75k:
Palmyra:
6.7% (37)
State:
10.5% (231,572)
Number of households with income $75k - 100k:
Palmyra:
13.6% (75)
Indiana:
14.6% (323,007)
Number of households with income $100k - 125k:
Palmyra:
6.3% (35)
Indiana:
10.6% (235,112)
Number of households with income $125k - 150k:
Palmyra:
4.0% (22)
State:
6.7% (148,936)
Number of households with income $150k - 200k:
Palmyra:
0.0% (0)
Indiana:
7.7% (170,750)
Number of households with income > $200k:
Palmyra:
3.6% (20)
State:
7.3% (160,805)
Aggregate household income in Palmyra in 2022: $35,712,133
Median family income in Palmyra in 2022:
Palmyra:
$58,780
State:
$88,109
Number of families with income < $10k:
Palmyra:
3.1% (9)
State:
2.5% (35,020)
Number of families with income $10k - 20k:
Palmyra:
9.9% (28)
State:
3.3% (47,383)
Number of families with income $20k - 30k:
Palmyra:
3.0% (8)
State:
4.2% (60,156)
Number of families with income $30k - 40k:
Palmyra:
9.8% (28)
State:
5.8% (82,106)
Number of families with income $40k - 50k:
Palmyra:
6.4% (18)
Indiana:
6.9% (98,385)
Number of families with income $50k - 60k:
Palmyra:
18.9% (53)
State:
7.3% (104,303)
Number of families with income $60k - 75k:
Palmyra:
9.6% (27)
Indiana:
10.7% (152,202)
Number of families with income $75k - 100k:
Palmyra:
22.9% (64)
Indiana:
16.8% (237,844)
Number of families with income $100k - 125k:
Palmyra:
3.5% (10)
Indiana:
13.2% (187,178)
Number of families with income $125k - 150k:
Palmyra:
5.9% (16)
Indiana:
8.6% (122,703)
Number of families with income > $200k:
Palmyra:
6.9% (20)
Indiana:
10.1% (143,001)
Median non-family income in Palmyra in 2022:
Palmyra:
$24,415
Indiana:
$41,009
Change in median non-family income between 2000 and 2022:
Palmyra, Indiana:
+2.8%
State:
+69.4%
Median per capita income in Palmyra in 2022:
Palmyra:
$28,005
Indiana:
$38,746
Change in median per capita income between 2000 and 2022:
Palmyra, Indiana:
+86.6%
State:
+82.8%
Income statistics for Multirace residents
Aggregate household income in Palmyra in 2022: $4,837,546
Median per capita income in Palmyra in 2022:
Palmyra:
$11,830
State:
$23,668
Change in median per capita income between 2000 and 2022:: -39.6%
Palmyra, Indiana:
-39.6%
State:
+108.5%
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