D

Palmyra, IN

Source:

Affordability Score: 48/100

Population: 3,779 · 1 ZIP codes

The affordability dashboard for Palmyra, IN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 3,779 residents, then layers in county-level federal data to produce an overall grade of D (48/100). The headline inputs are median household income of $63,389, median home value of $222,800, median rent of $913 per month, and 18.8% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,272 per month (studio $966, 1BR $1,047, 3BR $1,625, 4BR $1,891).

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Pressure points are education, commute. Unemployment currently reads 2.2% and poverty 8.8% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$63,389
Median household income
Education F
18.8%
Bachelor's degree or higher
Housing D
3.5x
Home value $222,800 vs income
Commute F
31 min
Average commute time
Rent B-
$1,272/mo
2BR fair market rent (24% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare N/A
N/A
Center-based infant care cost

Income & Employment

Median Income
$63,389
▲ 2% vs national
Per Capita Income
$32,604
Unemployment Rate
2.2%
Poverty Rate
8.8%

Housing

Median Home Value
$222,800
▼ 19% vs national
Median Rent
$913/mo
Owner Occupied
83.6%
2BR Fair Market Rent
$1,272/mo
▲ 6% vs national

Fair Market Rents by Bedroom

Studio
$966
1BR
$1,047
2BR
$1,272
3BR
$1,625
4BR
$1,891

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
18.8%
▼ 11 ppt vs national
High School+
55.1%
Median Age
39.2
Avg. Commute
31 min
▲ 5 min vs national

Childcare Costs

Infant (Center)
Toddler (Center)
Preschool (Center)
School-Age (Center)

What This Means

Palmyra, IN receives an overall affordability grade of D (48/100), aggregated from 1 ZIP codes with a total population of 3,779. Challenges include education and commute. Data was unavailable for safety, childcare — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Palmyra ZIP Codes
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What are common questions about this dashboard?

Is Palmyra, IN affordable?
Palmyra, IN receives an overall affordability grade of D (48/100) based on Census, HUD, FBI, and DOL data. Median household income is $63,389. Median home value is $222,800.
What is the cost of living in Palmyra?
Key cost metrics: Median rent $913/mo. 2BR fair market rent $1,272/mo. Median home value $222,800.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →