Palmyra, Michigan is home to 49268 people. It offers many great local businesses, attractions, and amenities for its residents. Grocery costs in Palmyra are slightly lower than the national average as indicated by a grocery cost index of 94 versus 100 in the US. The median two bedroom rent in Palmyra is $900 which is significantly lower than the national median of $1430. Popular local businesses include Brick Street Market, a full-service grocery store that also offers kitchenware and other necessities; Palmyra Town Square Shopping Center; and Brown's Market & Deli, an authentic deli spot serving up delicious sandwiches and sides. For those looking for entertainment or cultural activities, there are several attractions such as the Museum of Local History, Art Gallery 717, and Cedar Creek Bike Trail. Other amenities include access to healthcare through Mary Health Care Services and several parks including Cadmus Park.
Palmyra (zip 49268) has an unemployment rate of 5.5%. The US average is 6.0%.
Palmyra (zip 49268) has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Palmyra (zip 49268)
- The Sales Tax Rate for Palmyra (zip 49268) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Palmyra (zip 49268) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Palmyra (zip 49268)
- The average income of a Palmyra (zip 49268) resident is $30,527 a year. The US average is $37,638 a year.
- The Median household income of a Palmyra (zip 49268) resident is $68,611 a year. The US average is $69,021 a year.