The city of Palmyra, WI is an excellent place to live and work. With a population of just over 5,000 people, it offers a peaceful atmosphere without feeling too isolated. The cost of rent for a two bedroom apartment is $980 which makes it more affordable than the US average of $1,430. This lower cost can be attributed to the Grocery Cost Index in Palmyra being 97 compared to 100 in the US.
Palmyra has many local businesses that make living there convenient and enjoyable. These include places like Heritage-Home Hardware Inc, Dairy Queen Grill & Chill, Tracy’s Auto Parts & Repair, Corning Hardware Store and JG Meats & Seafoods LLC. Each business offers its own unique products and services that help keep daily life running smoothly for locals.
Palmyra (zip 53156) has an unemployment rate of 4.4%. The US average is 6.0%.
Palmyra (zip 53156) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Palmyra (zip 53156)
- The Sales Tax Rate for Palmyra (zip 53156) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Palmyra (zip 53156) is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Palmyra (zip 53156)
- The average income of a Palmyra (zip 53156) resident is $34,401 a year. The US average is $37,638 a year.
- The Median household income of a Palmyra (zip 53156) resident is $71,339 a year. The US average is $69,021 a year.