Housing data for Palmyra Township, IN

Palmyra Township, IN has an estimated 1,388 residents and 510 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Knox County.

0.0% of households rent.

Figures last updated on .

Residents
1,388 (±353)
Housing units
510 (±122)
Households that rent
0.0%
Residents since 2015–2019
+5.1%

What stands out in Palmyra Township

Households that rent: 0.0% (±7.8 points) in Palmyra Township, lower than in Knox County (32.2%).

Median home value: $241,800 (±$57,265) in Palmyra Township, higher than in Knox County ($137,700).

Median household income: $98,705 (±$30,054) in Palmyra Township, higher than in Knox County ($61,237).

Households that moved in since 2020: 5.6% (±5.5 points) in Palmyra Township, lower than in Knox County (24.0%).

Housing in Palmyra Township at a glance

  • Renters and owners: 0.0% of households rent (Small sample: wide margin of error)
  • Income and affordability: $98,705 median household income
  • Home values: $241,800 median home value
  • Homeowner costs: $1,698 median monthly cost with a mortgage
  • Property taxes: $1,429 median real estate taxes a year
  • Types of homes: 0.0% of homes are in buildings of 5 or more units
  • Bedrooms: 92.1% of homes have 3 or more bedrooms (Small sample: wide margin of error)
  • Age of homes: 49.6% of homes were built before 1980
  • Heating fuel: 49.7% heat with electricity
  • Commute and cars: 23.5 minutes average trip to work
  • Growth: +5.1% residents since 2015–2019
  • How long people stay: 5.6% moved in since 2020 (Small sample: wide margin of error)
  • Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)

Palmyra Township against Knox County, its state and the nation

Estimate (90% margin of error)
Palmyra TownshipKnox CountyIndianaUnited States
Residents1,388 (±353)36,007 (exact)6,851,073 (exact)334,922,499
Housing units510 (±122)16,974 (±35)2,976,568 (±617)143,775,355
Households that rent0.0% (±7.8 points)32.2% (±2.4 points)29.4% (±0.3 points)34.8%
Median gross rent—$796 (±$45)$1,062 (±$5)$1,413
Median household income$98,705 (±$30,054)$61,237 (±$4,302)$71,957 (±$352)$80,734
Median home value$241,800 (±$57,265)$137,700 (±$11,734)$218,200 (±$739)$332,700
Median real estate taxes (a year)$1,429 (±$372)$933 (±$83)$1,614 (±$9)$3,119
Built before 198049.6% (±18.4 points)70.1% (±4.3 points)55.0% (±0.3 points)49.7%
Average commute23.5 minutes (±6.2)19.7 minutes (±1.1)24.1 minutes (±0.1)26.4 minutes
Households with broadband94.0% (±5.6 points)88.2% (±1.5 points)89.9% (±0.2 points)91.0%
Median age of residents38.2 years (±5.9)39.0 years (±0.9)38.1 years (±0.2)38.9 years

Palmyra Township covers 37.5 square miles of land, about 37 residents per square mile (Census Bureau Gazetteer).

How Palmyra Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents1,321 (±358)1,388 (±353)+5.1%Not a measurable change
Housing units534 (±130)510 (±122)−4.5%Not a measurable change
Median home value$140,900 (±$8,215)$241,800 (±$57,265)+71.6%Up after inflation
Median household income$79,417 (±$29,753)$98,705 (±$30,054)+24.3%No measurable change after inflation
Median owner cost with a mortgage$1,138 (±$89)$1,698 (±$499)+49.2%No measurable change after inflation
Median real estate taxes$856 (±$264)$1,429 (±$372)+66.9%No measurable change after inflation
Households that rent18.5% (±16.0 points)0.0% (±7.8 points)−18.5 percentage pointsMeasurable decrease

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.

Crime reported to police in Knox County

Palmyra Township has no police department of its own in the FBI’s figures, so this is the figure for Knox County as a whole.

In 2025, the police departments that report for Knox County recorded 143 violent and 1,166 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

ZIP codes in Palmyra Township

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
4759120%25,168$796$157,400$61,803

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Palmyra Township

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Steen Township5.1 mi$824$120,00017.3%
Bruceville5.1 mi$675$92,70020.8%
Wheatland5.2 mi$824$83,30032.1%
Monroe City5.4 mi$867$144,80038.0%
Vincennes6.1 mi$793$111,60048.3%
Washington Township (Knox County)6.3 mi$729$141,20019.9%
Harrison Township (Knox County)7.8 mi$898$156,60018.9%
Bicknell7.9 mi$844$66,30039.1%

HUD Fair Market Rent for Palmyra Township, fiscal year 2027

Knox County, IN, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$769$775$1,014$1,332$1,333

HUD income limits for Palmyra Township, fiscal year 2026

Knox County, IN, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$17,950$29,900$47,850
2 people$21,640$34,200$54,650
3 people$27,320$38,450$61,500
4 people$33,000$42,700$68,300
5 people$38,680$46,150$73,800
6 people$44,360$49,550$79,250
7 people$50,040$52,950$84,700
8 people$55,720$56,400$90,200

These are the limits HUD sets for its housing programs in the Knox County, IN, where HUD’s median family income for fiscal year 2026 is $85,400.

A program can use its own limits; tax-credit and local programs often do.

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

Margins of error are at the 90% confidence level.

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Questions about Palmyra Township

What is the median household income in Palmyra Township?

The median household income in Palmyra Township is $98,705 (±$30,054) a year (2020–2024 American Community Survey).

What is the average home value in Palmyra Township, IN?

The Census Bureau publishes the median: $241,800 (±$57,265) for owner-occupied homes in Palmyra Township (2020–2024 American Community Survey).

What is the average mortgage payment in Palmyra Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Palmyra Township, IN is $1,698 (±$499) a month, including taxes, insurance and utilities.

How much are property taxes in Palmyra Township?

The median real estate tax paid by homeowners in Palmyra Township, IN is $1,429 (±$372) a year (2020–2024 American Community Survey).

How many homes are in Palmyra Township?

Palmyra Township, IN has an estimated 510 (±122) housing units, occupied and vacant (2020–2024 American Community Survey).

How old are most homes in Palmyra Township?

49.6% of homes in Palmyra Township, IN were built before 1980 (2020–2024 American Community Survey).

Is Palmyra Township growing?

In Palmyra Township, the number of residents went from 1,321 in 2015–2019 to 1,388 in 2020–2024 (+5.1%), not a measurable change.

What ZIP codes are in Palmyra Township?

The ZIP code that covers Palmyra Township is 47591.

What is the median rent in ZIP code 47591?

The median gross rent in ZIP Code Tabulation Area 47591 is $796 (±$53) a month (2020–2024 American Community Survey).

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) for Palmyra township, Knox County, Indiana (county subdivision:57744, in state:18 county:083).

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

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

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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