Palmyra, MI · standard
ZIP Code 49268
Lenawee County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,059
- 19/sq mi Moderate-density area
- $80,833
- Median income Near-median income area
- $164,600
- Median home value Below-median home value
- 18.6%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Palmyra pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 37%
- household income, US ZIPs
- 32nd pct
- home value, US ZIPs
- 19
- people per sq mi
- 84%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 49268 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 49268 (Palmyra, MI) rose +13.2% from 2023 to 2024. The all-transactions index moved from 131.7 in 2023 to 149.1 in 2024 (2000 = 100).
ZIP code 49268 is a sparsely populated ZIP (a standard USPS delivery area) in Palmyra, Lenawee County, Michigan, home to just 1,059 residents across 56.0 square miles, a density of 19 people per square mile, in the Detroit time zone.
ZIP 49268 lands in the middle-income range, with a median household income of $80,833 (10% above the average Michigan ZIP), while per-capita income is $36,895. The poverty rate is 10.1%, with unemployment at 2.8%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $164,600 (25% below the average Michigan ZIP), and median rent is $1,250; owner occupancy is 84.4%.
Educational attainment sits below the national norm: 18.6% of adults hold a bachelor's degree or higher, the median age is 44.4, and the average commute is 22 minutes. The page also surfaces 7 ZIP codes within roughly 10 miles and 6 more in Lenawee County, so 49268 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 49268, Palmyra, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
1,059
Population
56.0
Area (sq mi)
19
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 49268?
44.4
Median Age
49.9%
Male
50.1%
Female
0.6%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$80,833
Median Household Income
+10% vs state ZIP avg
$36,895
Per Capita Income
10.1%
Poverty Rate
2.8%
Unemployment Rate
21.7 min
Mean Commute Time
How ZIP 49268 ranks among Michigan ZIPs
Palmyra, MI household income vs. every Michigan ZIP code
Median household income among 962 reporting Michigan ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$80,833 Top 30% higher than 70% of 962 Michigan ZIPs
Each bar is a $20K-wide band; taller bars hold more Michigan ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
450housing units
450
Total Housing Units
422
Occupied Units
28
Vacant Units
2.63
Avg Household Size
Occupancy Type
$164,600
Median Home Value
-25% vs state ZIP avg
$1,250
Median Rent
1948
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+13.2%
YoY Change (2024)
149
HPI Index (2000 = 100)
+49%
Total Change Since 2000
Home values in ZIP 49268 have increased 13.2% over the past year (2024). Since 2000, this ZIP has seen +49% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | -1.1% | 109 |
| 2021 | +30.1% | 142 |
| 2022 | -8.4% | 130 |
| 2023 | +1.6% | 132 |
| 2024 | +13.2% | 149 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 7 business establishments in ZIP 49268, employing approximately 19 people with a combined annual payroll of $1,382,000.
7
Businesses
19
Employees
$1.4M
Annual Payroll
1
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 3 | 42.9% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 49268 vs 49228 →
ZIP 49268 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 49221
Adrian (49221)
41,310 residents
- 49286 14,797
Tecumseh (49286)
14,797 residents
- 49228 5,545
Blissfield (49228)
5,545 residents
- 49229 3,245
Britton (49229)
3,245 residents
- 49238 1,735
Deerfield (49238)
1,735 residents
- 49268 1,059
Palmyra (49268)
1,059 residents
- 49276 1,003
Riga (49276)
1,003 residents
- 49248 899
Jasper (49248)
899 residents
What this shows Among its immediate neighbors, ZIP 49268 ranks #6 by population - useful context the national average alone can't give.
ZIP 49268 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 49229
Britton (49229)
$94,950 median income
- 49228
Blissfield (49228)
$82,703 median income
- 49248
Jasper (49248)
$81,250 median income
- 49268
Palmyra (49268)
$80,833 median income
- 49238
Deerfield (49238)
$75,054 median income
- 49276
Riga (49276)
$73,750 median income
- 49286
Tecumseh (49286)
$72,429 median income
- 49221
Adrian (49221)
$65,977 median income
What this shows By household income, ZIP 49268 ranks #4 of 8 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 49268, both outside MI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (1,059 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Lenawee County
Related Areas
Frequently Asked Questions
What county is ZIP code 49268 in?
ZIP code 49268 (Palmyra) is located in Lenawee County, Michigan. Lenawee County contains multiple ZIP codes, see the full list at /counties/lenawee-mi.
What is the population of ZIP code 49268?
ZIP code 49268 in Palmyra, MI has a population of 1,059 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 49268?
The median household income in ZIP 49268 is $80,833, which is 6% above the national average of $76,288.
What is the average home value in ZIP 49268?
The median home value in ZIP 49268 is $164,600, which is 41% below the national average of $278,155.
What is the demographic makeup of ZIP 49268?
The largest racial group in ZIP 49268 is White at 96.5%. Hispanic or Latino residents make up 4.2% of the population.
How many businesses are in ZIP code 49268?
ZIP code 49268 has 7 business establishments employing approximately 19 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
How have home values changed in ZIP code 49268?
According to the FHFA House Price Index, home values in ZIP 49268 increased by 13.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 49%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 49268?
In ZIP code 49268, 64.7% of residents aged 25+ have a high school diploma or higher, and 18.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 49268?
The mean commute time for workers in ZIP code 49268 is 21.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 49268?
In ZIP code 49268, approximately 84.4% of occupied housing units are owner-occupied and 15.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 49268?
The poverty rate in ZIP code 49268 is 10.1% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 49268's numbers, next.
- See how ZIP 49268 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Palmyra, MI ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.