Everything You Should Know Before Moving to Palmyra, NJ
Considering a move to Palmyra, NJ? This close-knit town of 7,098 offers affordable living with median home prices around $234,000 and average rents at $1,380. Residents enjoy reasonable commute times (under 30 minutes), easy regional access, and a strong sense of community. Palmyra’s low violent crime rate, solid local schools, and pleasant climate with 56% sunny days make it a welcoming choice for families and commuters alike.
Demographics - Palmyra, NJ
Demographics - Palmyra, NJ
Palmyra is a compact community of 7,098 residents, characterized by a predominantly White population with a median age of nearly 40 years. The gender balance is fairly even, and about 11% of residents speak a language other than English at home, contributing to a modestly diverse atmosphere.
Population:
7,098
Density:
3,500 per sq mi
Median Age:
39.9
Gender Ratio:
95 males per 100 females
Non-English Speakers Percentage:
10.8%
Ethnic Composition
White:
76.5%
Black:
12.2%
Asian:
2.6%
Others:
8.7%
Cost Of Living
What is the average cost of living in Palmyra, NJ?
Living in Palmyra is relatively affordable, with a median home value of $234,000 and average rents around $1,380 per month. The overall cost of living index is slightly above the national average, mainly due to housing and transportation, but daily expenses remain manageable for most households.
Median House Value:
$234,000
Gross Rent:
$1,380
Monthly Electricity Charges:
$120
Auto Insurance:
$1,610
House Owner Cost With Mortgage:
$1,760
House Owner Cost Without Mortgage:
$650
State Taxes:
Low:
1.4%
|
High:
10.75%
Cost Of Living Index:
109.8
Grocery:
104.7
Housing:
110.9
Utilities:
101.2
Transportation:
107.5
Health Care:
103.8
Miscellaneous:
104.1
Crime
Is Palmyra, NJ a safe place to live?
Palmyra offers a reassuring sense of safety, with a violent crime rate of just 184 incidents per 100,000 people and property crime risks lower than many similar towns. Residents have a 1 in 543 chance of experiencing violent crime, making it a secure option for families and individuals.
Violent Crimes Per 100k:
184
Property Crimes Per 100k:
1,285
Crime Index:
1,469
Chance Of Violent Crime:
1 in 543
Chance Of Property Crime:
1 in 78
Weather
What is the weather like in Palmyra, NJ year-round?
The town experiences all four seasons, with comfortable summers reaching highs of 87°F and winters that dip to 26°F. With 56% sunny days and about 46 inches of annual rainfall, Palmyra’s weather is generally mild and enjoyable throughout the year.
Winter
Min:
26°F
Max:
41°F
Spring
Min:
46°F
Max:
68°F
Summer
Min:
67°F
Max:
87°F
Fall
Min:
49°F
Max:
71°F
Average Rainfall Inches:
46.0 inches
Sunny Days Percentage:
56%
Neighbors
Locals in Palmyra benefit from a median household income of $74,300 and a relatively low poverty rate of 8.3%. The community is well-educated, with over 91% holding at least a high school diploma, and enjoys reasonable average commute times of just under 30 minutes.
Median Income:
$39,500
Household Income:
$74,300
Family Income:
$88,200
Per Capita Income:
$38,100
Income Male:
$48,400
Income Female:
$41,900
Poverty Rate:
8.3%
Non English Speakers:
10.8%
Rent:
$1,380
Unemployment Rate:
4.8%
Public Transport Usage:
12.1%
Commute Time:
29.7 minutes
Education
High School or Higher:
91.8%
Bachelors or More:
29.2%
Education
How are the schools in Palmyra, NJ?
Palmyra offers quality public schools with favorable student-teacher ratios, as well as access to private education options. Colleges such as Rowan College at Burlington County and Rutgers University–Camden are located within a short drive, making higher education convenient for residents.
Public Schools
Name:
Charles Street School
Street:
100 W Charles St
Phone:
856-829-3601
Students:
650
Student Teacher Ratio:
13.1
Name:
Palmyra High School
Street:
311 W 5th St
Phone:
856-786-9300
Students:
460
Student Teacher Ratio:
12.8
Private Schools
Name:
Sacred Heart School
Street:
103 4th St, Riverton
Phone:
856-829-2778
Students:
185
Colleges
Name:
Rowan College at Burlington County
City:
Mount Laurel
State:
NJ
Distance:
12 miles
Students:
7,500
Name:
Rutgers University - Camden
City:
Camden
State:
NJ
Distance:
7 miles
Students:
7,100
Healthcare
Residents have convenient access to major hospitals in nearby Camden and Cherry Hill, along with a strong network of physicians at 2.4 per 1,000 people. Health insurance coverage is high at nearly 92%, ensuring most locals can access the care they need.
Major Hospitals
Name:
Virtua Our Lady of Lourdes Hospital
Address:
1600 Haddon Ave, Camden, NJ 08103
Phone:
(856) 757-3500
Type:
General & Surgical
Emergency Services:
Yes
Name:
Jefferson Cherry Hill Hospital
Address:
2201 Chapel Ave W, Cherry Hill, NJ 08002
Phone:
(856) 488-6500
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.4
Health Insurance Coverage:
91.8%
Health Care Index:
76.1
Housing Market
What is the housing market like in Palmyra, NJ?
The housing market in Palmyra is stable, featuring a median home price of $234,000 and a high owner-occupancy rate of 65.5%. Home values have appreciated by nearly 5% over the past year, while rental options remain accessible with average two-bedroom rents at $1,380.
Median Home Price:
$234,000
Average Rent For 2 Bedroom:
$1,380
Owner Occupied Rate:
65.5%
Rental Vacancy Rate:
6.0%
Home Appreciation Rate (1yr):
4.9%
New Construction Rate:
0.7%
Foreclosure Rate:
0.4%
DMV Information
Vehicle and licensing services for Palmyra residents are provided by the New Jersey Motor Vehicle Commission in Cherry Hill. The office is easily accessible and offers all standard DMV services, with information available on the state’s official website.
State:
New Jersey
Department:
New Jersey Motor Vehicle Commission
Address:
1 Executive Campus, Route 70, Cherry Hill, NJ 08002
Phone:
1-609-292-6500
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.