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IL area data

Palmyra, IL

Palmyra, IL.

Population: 1,447 (Census ACS)

Home values & appreciation

Median home value
$134,560
1-year appreciation
-9.3%
3-year appreciation
-9.5%
5-year appreciation
-6.3%
All-time peak (2025-02)
$155,657
House Price Index
325.3 (+6.1% YoY)

Market activity

1-year forecast
+0.9%

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
lightning, strongWind, coldWave, drought, earthquake

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
64.0°F
Average low
43.0°F
Annual precipitation
44.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
37
Days with Good air quality
310

Amenities

National parks within ~60 mi
4
Nearest national park
Lincoln Home National Historic Site (33 mi)
Nearest airport
Zelmer Memorial Airpark Inc Airport (2 mi)
Nearest major airport
Abraham Lincoln Capital Airport (SPI) (35 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Migration

Net migration
-11 tax filers

Housing stock

Median year housing built
1,971
Median annual property tax
$1,419
Mean commute to work
32 min
Households with broadband internet
47.4%

Employment & development

Total county employment
7,926
Average weekly wage
$893
Top industries (by employment)
Accommodation & Food, Wholesale Trade, Construction
Annual residential building permits (county)
16

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents