B-

Palmyra, MO

Source:

Affordability Score: 67/100

Population: 5,876 · 1 ZIP codes

The affordability dashboard for Palmyra, MO aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 5,876 residents, then layers in county-level federal data to produce an overall grade of B- (67/100). The headline inputs are median household income of $69,707, median home value of $212,000, median rent of $805 per month, and 27.4% 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 $952 per month (studio $707, 1BR $729, 3BR $1,256, 4BR $1,260).

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. Strengths visible in the raw data for Palmyra, MO include commute, rent. Unemployment currently reads 3.1% and poverty 5.9% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C
$69,707
Median household income
Education D
27.4%
Bachelor's degree or higher
Housing B-
3.0x
Home value $212,000 vs income
Commute A-
17 min
Average commute time
Rent A
$952/mo
2BR fair market rent (16% 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
$69,707
▲ 12% vs national
Per Capita Income
$33,689
Unemployment Rate
3.1%
Poverty Rate
5.9%

Housing

Median Home Value
$212,000
▼ 23% vs national
Median Rent
$805/mo
Owner Occupied
76.0%
2BR Fair Market Rent
$952/mo
▼ 21% vs national

Fair Market Rents by Bedroom

Studio
$707
1BR
$729
2BR
$952
3BR
$1,256
4BR
$1,260

Safety

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

Education & Family

Bachelor's Degree+
27.4%
▼ 3 ppt vs national
High School+
63.7%
Median Age
40.7
Avg. Commute
17 min
▼ 9 min vs national

Childcare Costs

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

What This Means

Palmyra, MO receives an overall affordability grade of B- (67/100), aggregated from 1 ZIP codes with a total population of 5,876. This area performs well in commute and rent. 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, MO affordable?
Palmyra, MO receives an overall affordability grade of B- (67/100) based on Census, HUD, FBI, and DOL data. Median household income is $69,707. Median home value is $212,000.
What is the cost of living in Palmyra?
Key cost metrics: Median rent $805/mo. 2BR fair market rent $952/mo. Median home value $212,000.
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 →