Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Located in the state of New York, Palmyra is a smaller city with a population of 3,361 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (96% White). Given that fact, Palmyra could be considered less diverse than other cities. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Palmyra is the right fit for you, your one way commute time will average 23 minutes, which is about average when compared to the national commute time of 26 minutes.
Are you trying to decide if living in Palmyra is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in New York, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in Palmyra and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, commute, employment and other important metrics.
Palmyra has a livability score of 70/100 and is ranked #378 in New York and #6,258 in the USA. If we take a closer look at each of the categories on their own, we see that Palmyra ranks well for crime (B+), cost of living (A+), education (B-) and housing (A+). On a more negative note, Palmyra does not have favorable ranks for the following: amenities (F). If we take a look at the data, we can find out why.
Finding affordable real estate and housing in Palmyra can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Palmyra real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Palmyra. The median home price for Palmyra homes is $108,700, which is 62% lower than the New York average. If we take a closer look at the affordability of homes in Palmyra, we’ll see that the home price to income ratio is 1.9, which is 59.6% lower than the New York average.
| Statistic | Palmyra | New York | National |
| Average one way commute | 23min | 33min | 26min |
| Workers who drive to work | 79.8% | 53.0% | 76.4% |
| Workers who carpool | 11.4% | 6.7% | 9.3% |
| Workers who take public transit | 0.3% | 28.0% | 5.1% |
| Workers who bicycle | 2.2% | 0.7% | 0.6% |
| Workers who walk | 4.1% | 6.3% | 2.8% |
| Working from home | 2.2% | 4.0% | 4.6% |
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