Palmyra is a tiny town located in the state of Virginia. With a population of 127 people and three associated neighborhoods, Palmyra is the 412th largest community in Virginia. Much of the housing stock in Palmyra was built relatively recently. The construction of new real estate can often be taken as an indication that the local Palmyra economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Palmyra, where the median household income is .

Also of interest is that Palmyra has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.68% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Palmyra is a great place for families with children to consider. First of all, many other families with children live here, making Palmyra a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Palmyra has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Palmyra’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.

In Palmyra, however, the average commute to work is quite long. On average, people spend 46.94 minutes each day getting to work, which is significantly higher than the national average.

Being a small town, Palmyra does not have a public transit system used by locals to get to and from work.

Do you like to read, write and learn? If you move to Palmyra, you'll likely find that many of your neighbors like to as well. Palmyra is one of the more educated communities in America, with a full 54.93% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Palmyra in 2022 was $27,888, which is lower middle income relative to Virginia and the nation. This equates to an annual income of $111,552 for a family of four.

Palmyra is an extremely ethnically-diverse town. 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. Palmyra also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 39.18% of the town’s residents. Important ancestries of people in Palmyra include German, Dutch, Yugoslavian, Other West Indian, and West Indian.

The most common language spoken in Palmyra is English. Other important languages spoken here include Italian and African languages.