Palmyra is a small town of 735 in Nebraska, with a median household income of $77,708
and a 1.7% unemployment rate.
Its cost of living index is 93 (US average = 100), which is
7% below the national average.
Strengths:
Palmyra stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).
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: 93.0
Palmyra's overall cost of living index is 93.0,
where 100 represents the US national average.
Living in Palmyra costs roughly 7% less than the average American city.
Metric
Palmyra, NE
National Avg
Median Home Value
$136,800
$244,900
Median Monthly Rent
$1,167
$1,163
Homeownership Rate
90.5%
65.9%
Median Household Income
$77,708
$74,755
Crime & Safety
Very Safe
Palmyra's violent crime rate is 99.9 per 100,000 residents
— 74% lower than the national average of ~380 per 100,000.
Violent Crime
99.9 /100k
Property Crime
724.5 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Palmyra is served primarily by PALMYRA DISTRICT O R 1.
The student-to-teacher ratio is 12.8:1
(better than the national average of ~16:1).
Metric
Palmyra, NE
National Avg
School District
PALMYRA DISTRICT O R 1
—
Elementary Schools
1
—
Middle Schools
1
—
High Schools
1
—
Student/Teacher Ratio
12.8:1
16:1
Bachelor's Degree or Higher
11.2%
35.4%
High School Diploma or Higher
89.4%
91.1%
Weather & Climate
Palmyra sees average highs of 34.4°F in January
and 88.2°F in July,
with 31.7 inches of annual precipitation
and 25.5 inches of snow per year.
Palmyra's cost of living index is 93, where 100 is the national average.
That makes Palmyra roughly 7% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $136,800 and median rent is $1,167/month.
Palmyra's violent crime rate is 99.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 724.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Palmyra are operated by PALMYRA DISTRICT O R 1.
The district has 1 elementary, 1 middle, and 1 high schools.
The student-to-teacher ratio is 12.8:1. 11.2% of adults 25+ hold a bachelor's degree or higher.
Palmyra, NE has a population of 735, a median household income of $77,708, and an unemployment rate of 1.7%.
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 34.4°F in January and 88.2°F in July. Annual rainfall is 31.7 inches
with about 25.5 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Palmyra, NE is covered by 1 ZIP code: 68418.
The population of Palmyra, Nebraska is 735 with a median age of 32.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Palmyra: cost of living index 93 (100 = US average), median home $136,800, median household income $77,708, crime index 30 (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.
