Palmyra, NJ Overview

Palmyra is a long established and well developed residential borough in the northwestern corner of Burlington County.  It is situated on the Delaware River across from Philadelphia. The Borough is two square miles in area and has a population around 7,600.  Residents live predominantly in lovely older homes from a variety of architectural periods on tree-shaded streets, which are interspersed with multi-family developments and contemporary residences.  This historic community is about 20 minutes from downtown Philadelphia, and 40 minutes from Trenton, by car, bus or commuter rail.  The hometown spirit remains strong in Palmyra, where community events and school programs frequently bring friends and neighbors together.  Palmyra has developed recreational facilities close to home, although vast acres of parkland and outdoor attractions are available within a short commute in Burlington County and other Southern New Jersey counties.

Summary

Population Growth (since 2000) 3 %
Population Density (ppl / mile) 3,931.00
Household Size (ppl) 2.338
Households w/ Children 22 %

Housing Stability

Annual Residential Turnover 6 %
5+ Years in Residency 42 %
Median Year in Residency 4.02

Housing Inventory

Palmyra, NJ Housing Inventory 215 805 2,330 2,330 215 805 2,330

Market Overview

58 listings with an estimated median price of $161,700

Price Count
$0-100K 2
$100K-200K 45
$200K-300K 8
$300K-400K 1
$400K-500K 2
Property Type Count
Single Family 29
Condo 18
Commercial 6
Rental 5
Multi Family 5

(Data as of 7/16/2018)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Palmyra, NJ Population Demographics

Total: 7,329

Households:3,135

Median Age: 41.85

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Palmyra, NJ Temperature

Weather Risk

Palmyra, NJ Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Palmyra, NJ Education Climate Index

Highest Education Level Attained

Palmyra, NJ Highest Education Level Attained 1,636 1,240 430 35 459 975 499 1,636 1,240 430 35 459

Employment and Finance

Workforce

Palmyra, NJ Workforce

Income by dollar range (Median Income: $63,049)

Palmyra, NJ Income by dollar range 90 196 66 143 77 207 149 161 144 254 368 547 255 189 241 18 27 3

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$830
One Bedroom
$1,003
Two Bedroom
$1,210
Three Bedroom
$1,502
Four Bedroom
$1,659

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Palmyra, NJ Crime

Start Searching Now!

Start your search for homes within Palmyra, NJ today.

Property Details
$ ,000
$ ,000
Property Types









Request More Information

Please fill out the following information and one of our agents will get back to you.