What percentage of people rent in Palmyra, IL?

20.5% (±7.6 points) of the occupied homes in Palmyra, IL are rented (2020–2024 American Community Survey).

That is 49 renting households against 190 that own their home.

In Palmyra, the share of households that rent went from 33.3% in 2015–2019 to 20.5% in 2020–2024 (−12.8 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
20.5% (±7.6 points)
Renting households
49 (±21)
Median renter income
$29,464 (±$23,609)

Who rents and who owns in Palmyra

Tenure, estimate (90% margin of error)
PalmyraMacoupin CountyIllinoisUnited States
Renter-occupied share20.5% (±7.6 points)21.5% (±2.1 points)32.9% (±0.2 points)34.8%
Renting households49 (±21)3,780 (±390)1,657,539 (±10,322)45,017,354
Owning households190 (±49)13,796 (±405)3,378,910 (±14,728)84,210,142
Average renter household size1.8 (±0.5)2.2 (±0.2)2.2 (±0.0)2.3
Average owner household size2.1 (±0.3)2.5 (±0.1)2.6 (±0.0)2.6
Median renter household income$29,464 (±$23,609)$36,612 (±$4,589)$50,420 (±$471)$52,966
Median owner household income$45,455 (±$10,296)$81,347 (±$3,782)$103,505 (±$377)$100,009

In Palmyra, the renter share is not measurably different from Macoupin County (21.5%).

It is also lower than in Illinois (32.9%).

It is lower than the national figure (34.8%).

In Macoupin County, Palmyra ranks 21 of 53 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1191 of 2,751.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Palmyra has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent33.3% (±8.8 points)20.5% (±7.6 points)−12.8 percentage pointsMeasurable decrease
Median gross rent$541 (±$93)$718 (±$75)+32.7%No measurable change after inflation
Median household income$37,692 (±$13,247)$44,276 (±$5,491)+17.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Palmyra

Nearest places with a published estimate, compared with Palmyra
PlaceDistanceHouseholds that rentCompared with this place
Palmyra—20.5% (±7.6 points)—
South Palmyra Township2.3 mi11.6% (±6.7 points)Not measurably different
North Palmyra Township3.1 mi16.7% (±9.0 points)Not measurably different
Modesto3.2 mi6.8% (±7.1 points)Lower
Hettick5.9 mi21.4% (±18.9 points)Not measurably different
Scottville Township6.1 mi7.7% (±9.2 points)Lower
Barr Township6.2 mi21.0% (±24.4 points)Not measurably different
Scottville6.5 mi15.0% (±20.4 points)Not measurably different
North Otter Township7.4 mi0.0% (±13.9 points)Lower

Nearby places with a measurably lower figure: Modesto, IL (6.8%), Scottville Township, IL (7.7%), North Otter Township, IL (0.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Macoupin County, place by place

RankPlaceHouseholds that rent
15Cahokia Township22.1% (±5.3 points)
16Hettick21.4% (±18.9 points)
17Shaws Point Township21.2% (±21.0 points)
18 (tie)Bunker Hill Township21.1% (±5.9 points)
18 (tie)Staunton Township21.1% (±6.6 points)
20Barr Township21.0% (±24.4 points)
21Palmyra20.5% (±7.6 points)
22Shipman20.2% (±11.1 points)
23Mount Clare19.8% (±9.6 points)
24Bunker Hill18.8% (±5.7 points)
25Mount Olive Township18.7% (±7.7 points)
26Brighton17.1% (±6.4 points)
27North Palmyra Township16.7% (±9.0 points)

Showing 13 of 53 places in Macoupin County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Palmyra

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Questions about Palmyra

How many renters are there in Palmyra?

Palmyra has an estimated 49 (±21) renting households, 20.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Palmyra?

In Palmyra, the share of households that rent went from 33.3% in 2015–2019 to 20.5% in 2020–2024 (−12.8 percentage points), a measurable decrease.

How big are renting households in Palmyra?

A renting household in Palmyra has 1.8 people on average, against 2.1 in an owned home.

How much do renters earn in Palmyra?

The median renting household in Palmyra, IL has an income of $29,464 (±$23,609) a year, against $45,455 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Palmyra village, Illinois (place:57329, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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