
Palmyra is a small-sized city located in the state of New York. The city has a population of 3,480 residents. According to the most recent Census, 96% of Palmyra residents are White, 1% Black and 0% Asian. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Palmyra, your commute times will be about average, with a one way commute time of 23 minutes.
Living in Palmyra can be a fulfilling experience for anyone relocating to the city. Having said that, in the state of New York, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Palmyra and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the New York and national averages.
Palmyra has a livability score of 70 out of 100 and is ranked #369 in New York and #6,601 in the USA. Based on the scores for each individual category, Palmyra has received high marks for crime (B-), cost of living (A+) and housing (A+). On a less positive note, Palmyra does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
Finding affordable real estate and housing in Palmyra can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Palmyra. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Palmyra are affordable. The median home price for Palmyra homes is $196,805, which is 60.9% lower than the New York average. If we take a closer look at the affordability of homes in Palmyra, we’ll see that the home price to income ratio is 2.3, which is 58.9% lower than the New York average.
| Statistic | Palmyra | New York | National |
| Average one way commute | 23min | 33min | 26min |
| Workers who drive to work | 79.8% | 53.0% | 76.4% |
| Workers who carpool | 11.4% | 6.7% | 9.3% |
| Workers who take public transit | 0.3% | 28.0% | 5.1% |
| Workers who bicycle | 2.2% | 0.7% | 0.6% |
| Workers who walk | 4.1% | 6.3% | 2.8% |
| Working from home | 2.2% | 4.0% | 4.6% |