Best PlacesPalmyra, IN Best Neighborhoods
2026–2027 edition · Data updated July 2026
Every neighborhood in and around Palmyra, scored on 40 measures of daily life and ranked to fit what matters to you. This page is for people who live here or already know they want to. To work out which city fits you best, start with the best places to live tool.
Palmyra ranks 25,791st of 50,333 U.S. towns on the BestNeighborhood index. The weather pulls hardest against it, while it scores best on cheap car insurance.
The best neighborhoods in Palmyra
BestNeighborhood is the only ranking that scores 40 measures of daily life neighborhood by neighborhood and lets you re-weight every one of them yourself.
Palmyra's strengths and weaknesses
Where Palmyra ranks high
- Cheap car insuranceBetter than 84% of towns
- State infrastructureBetter than 80% of towns
- Low vacancyBetter than 78% of towns
- Crime safetyBetter than 78% of towns
- WalkabilityBetter than 75% of towns
Where Palmyra ranks low
- Nice weatherabout 56 pleasant days a year, better than only 3% of towns
- Housing crash safetyBetter than only 21% of towns
- Low income/sales/gas taxBetter than only 24% of towns
- Educational attainmentBetter than only 27% of towns
- Short commute31.3 minutes each way, better than only 27% of towns
What it costs to buy a home in Palmyra
A household needs to earn about $56,000 a year to comfortably buy the median Palmyra home, at 20% down and today's 30-year rate. That is below the area's own median income of $67,253, so a typical household can afford the median home outright.
Where the monthly payment goes
Assumes a 20% down payment, a 6.6% 30-year fixed rate, and a 28% share of income going to the payment. The rate is the 2026-07-23 30-year fixed average, series MORTGAGE30US from the St. Louis Fed, which publishes Freddie Mac's weekly survey. Against the median home value, property tax uses Palmyra's effective rate of 0.60%, and insurance is estimated at 0.4% of home value a year.
Renting versus buying
At today's prices and rents, renting stays cheaper than buying across the first 10 years here, so the case for buying rests on staying much longer or on prices rising faster than assumed. The chart tracks the running cost of each.
Who lives in Palmyra
Palmyra's age mix sits close to the national median, and households here run smaller than average.
Residents by age
Racial and ethnic makeup has its own map. See the race and diversity map for Palmyra.
Who works in Palmyra, and how
Work in Palmyra centers on health care & social and manufacturing. Unemployment is low, and employment has held roughly flat.
Largest industries
How people get to work
- Drive or carpool 87%
- Work from home 10%
- Transit, walk, or bike 3%
Life in Palmyra
Palmyra has more parkland per resident than 99% of towns. That concentrates in some parts of Palmyra and thins out in others, which the map shows.
What the weather is like in Palmyra, month by month
Palmyra sees roughly 56 pleasant days a year. July highs average about 91 degrees. January highs sit near 47, with lows near 27. The comfortable stretch runs April, May, September, and October.
Show the monthly temperatures
| Month | Avg high | Avg | Avg low |
|---|---|---|---|
| January | 47° | 36° | 27° |
| April | 73° | 59° | 47° |
| July | 91° | 81° | 71° |
| October | 75° | 62° | 51° |
Flying in and out of Palmyra
The nearest airport, Louisville Muhammad Ali International, is about 26 miles away and is a small airport. The nearest major hub is Cincinnati/Northern Kentucky International, about 89 miles away.
The best schools in and around Palmyra
Schools across Palmyra average a B−, better than 57% of towns.
Top elementary schools
- Morgan Elementary SchoolB+ · 52% proficient
- North Harrison Elementary SchoolB · 46% proficient
- Mount Tabor Elementary SchoolB · 44% proficient
Top middle schools
- Highland Hills Middle SchoolA− · 53% proficient
- North Harrison Middle SchoolC · 35% proficient
- East Washington Middle SchoolD · 23% proficient
Top high schools
- New Albany Senior High SchoolB · 46% proficient
- Eastern High SchoolB− · 45% proficient
- North Harrison High SchoolB− · 43% proficient
Grades come from K-12 test scores, with scores projected for schools missing data. See every Palmyra school and its grade on SchoolGrade.
Palmyra measure by measure
Cards are ordered by how much each measure matters to you, so the ones you weighted highest come first. Expand to see every measure. Percentages compare Palmyra against the other 50,332 towns.
Common questions about living in Palmyra
Is Palmyra a good place to live?
Using BestNeighborhood's default rankings, Palmyra ranks 25,791st of 50,333 towns. It scores highest on cheap car insurance, state infrastructure, and few empty homes, and lowest on the weather and an overheated housing market. How good it is for you depends on which of those you weight most, which the map lets you set.
Is Palmyra expensive to live in?
The median home is worth $220,779. The overall cost of living runs about 16% below the national average. Set against a $67,253 median income, cost of living beats 47% of towns.
Is Palmyra safe?
Yes, Palmyra is safer than 78% of towns. Safety varies a lot by neighborhood. Crime costs an estimated $194 per resident a year.
Compare Palmyra with other towns
Sources and methodology
Every measure on this page is scored for each neighborhood, then rolled up to Palmyra. Scores are absolute rather than ranked, which means a 60 in Palmyra represents the same real quantity as a 60 anywhere else, and the ranking is a weighted average of those absolutes. The map colors come from a national scale calibrated against a population weighted random sample of 5,000 neighborhoods. That absolute scoring is what no other places-to-live ranking does: it puts a single neighborhood, a town, a metro, and a state on one scale, so the same 40 measures answer both which metro to move to and which street inside it to buy on. Read the full methodology.
Palmyra detail on BestNeighborhood maps:
- Walk Grade for Palmyra: walkability, transit, and biking, measured on the real street network rather than by straight line distance.
- Noise in Palmyra: road, rail, and aviation sound modeling calibrated against federal ground truth measurements.
- Conservative vs liberal map of Palmyra: precinct level election results apportioned to neighborhoods.
- Mobile and cell coverage in Palmyra: carrier by carrier coverage behind the cell score.
Palmyra detail on related sites:
- CrimeGrade: neighborhood crime rates behind the crime safety score.
- ISPreports.org: provider by provider internet availability and advertised speeds.
- CoverageWatch: the car insurance premiums behind the cheap car insurance score.
Federal and public data:
- U.S. Census Bureau American Community Survey: income, home value, rent, vacancy, commute time and mode, educational attainment, home age, age structure, household type, industry, and race.
- NOAA Global Surface Summary of the Day: the daily station record behind the monthly temperatures and the pleasant-day count.
- FAA Passenger Boarding Data: airport size and annual passenger counts.
- Freddie Mac Primary Mortgage Market Survey: the 30-year fixed rate used in the cost-to-buy estimate.
- FBI Crime Data Explorer: reported offenses behind the tangible crime cost estimate.
- U.S. EPA Air Quality System: five year average air quality index.
- FEMA National Risk Index: expected annual loss from natural hazards.
- CDC PLACES: disease burden, preventable risk, and barriers to care.
- National Center for Education Statistics: school enrollment and assessment inputs behind the school grade.
- FCC National Broadband Map: internet and wireless availability.
- U.S. Bureau of Labor Statistics: employment and job growth behind the local economy score.
- Religious activity uses a proprietary religious signal measurement.
Your priorities
Move a slider to say how much a measure matters. Zero turns it off.