Marion County MO courthouse Palmyra-001 · Kbh3rd / CC BY 4.0Mural in Palmyra, MO · Buster7 Living New Deal — James Penney for the Section / Public domain
Palmyra is a small town of 3,613 in Missouri, with a median household income of $60,694
and a 1.6% unemployment rate.
Its cost of living index is 91 (US average = 100), which is
9% below the national average.
Strengths:
Palmyra stands out for an affordable cost of living, below-average home prices, solid school ratings (B+), short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether Palmyra is right for you depends on your priorities — the full breakdown is below.
All Palmyra city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 90.7
Palmyra's overall cost of living index is 90.7,
where 100 represents the US national average.
Living in Palmyra costs roughly 9% less than the average American city.
Metric
Palmyra, MO
National Avg
Median Home Value
$148,200
$244,900
Median Monthly Rent
$713
$1,163
Homeownership Rate
71.0%
65.9%
Median Household Income
$60,694
$74,755
Crime & Safety
Safer than Average
Palmyra's violent crime rate is 210.3 per 100,000 residents
— 45% lower than the national average of ~380 per 100,000.
Violent Crime
210.3 /100k
Property Crime
1710.5 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Palmyra is served primarily by PALMYRA R-I.
The student-to-teacher ratio is 12.4:1
(better than the national average of ~16:1).
Metric
Palmyra, MO
National Avg
School District
PALMYRA R-I
—
Elementary Schools
1
—
Middle Schools
1
—
High Schools
1
—
Student/Teacher Ratio
12.4:1
16:1
Bachelor's Degree or Higher
24.5%
35.4%
High School Diploma or Higher
92.2%
91.1%
Weather & Climate
Palmyra sees average highs of 35.1°F in January
and 87.2°F in July,
with 41.1 inches of annual precipitation
and 12.5 inches of snow per year.
Palmyra's cost of living index is 91, where 100 is the national average.
That makes Palmyra roughly 9% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $148,200 and median rent is $713/month.
Palmyra's violent crime rate is 210.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1710.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Palmyra are operated by PALMYRA R-I.
The district has 1 elementary, 1 middle, and 1 high schools.
The student-to-teacher ratio is 12.4:1. 24.5% of adults 25+ hold a bachelor's degree or higher.
Palmyra, MO has a population of 3,613, a median household income of $60,694, and an unemployment rate of 1.6%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Palmyra averages 35.1°F in January and 87.2°F in July. Annual rainfall is 41.1 inches
with about 12.5 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Palmyra, MO is covered by 1 ZIP code: 63461.
The population of Palmyra, Missouri is 3,613 with a median age of 36.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Palmyra: cost of living index 91 (100 = US average), median home $148,200, median household income $60,694, crime index 66 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Palmyra side by side with your current city to see the trade-offs.
