This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Palmyra is a tiny village located in the state of Illinois. With a population of 595 people and just one neighborhood, Palmyra is the 732nd largest community in Illinois.
Occupations and Workforce
Palmyra is a blue-collar town, with 40.65% of people working in blue-collar occupations, while the average in America is just 27.7%. Overall, Palmyra is a village of sales and office workers, production and manufacturing workers, and professionals. There are especially a lot of people living in Palmyra who work in office and administrative support (19.11%), teaching (8.13%), and management occupations (7.32%).
Setting & Lifestyle
Palmyra’s overall crime rate ranks among the lowest in the nation, making it a very safe place to live.
Residents will find that the village is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Palmyra is worth considering.
One downside of living in Palmyra is that it can take a long time to commute to work. In Palmyra, the average commute to work is 36.41 minutes, which is quite a bit higher than the national average.
As is often the case in a small village, Palmyra doesn't have a public transportation system that people use for their commute.
Demographics
The rate of college-level education in Palmyra is quite a bit lower than the national average among all cities of 21.84%: just 10.55% of people here over 25 have a bachelor's degree or an advanced degree.
The per capita income in Palmyra in 2022 was $28,322, which is low income relative to Illinois, and lower middle income relative to the rest of the US. This equates to an annual income of $113,288 for a family of four. However, Palmyra contains both very wealthy and poor people as well.
The people who call Palmyra home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Palmyra residents report their race to be White. Important ancestries of people in Palmyra include German, English, Irish, Polish, and French.
The most common language spoken in Palmyra is English. Other important languages spoken here include Italian and Polish.
Notable & Unique Neighborhood Characteristics
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Real Estate
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 14 residents per square mile, is less crowded than 96.2% of all U.S. neighborhoods.
People
If you're nearing retirement age, or in retirement, the is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.0% of retiree-friendly neighborhoods in Illinois, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Illinois.
The Neighbors
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Palmyra are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.3% of U.S. neighborhoods. With 32.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.8% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the neighborhood, 39.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.8%), and 12.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
Languages
The most common language spoken in the neighborhood is English, spoken by 99.5% of households. Some people also speak Italian (2.5%).
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in Palmyra, IL, residents most commonly identify their ethnicity or ancestry as German (31.6%). There are also a number of people of English ancestry (18.6%), and residents who report Irish roots (9.7%), and some of the residents are also of Scottish ancestry (3.1%), along with some Italian ancestry residents (1.9%), among others.
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 45 minutes and one hour commuting one-way to work (25.7% of working residents), longer and tougher than most commutes in America.
Here most residents (73.1%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
