Palmyra, Michigan.
Typical home $216,312 (+4.4% in a year). Adrian, MI metro.
to buy the typical home at today's mortgage rate — +$598 (+111%) since Jan 2020.
- 1 year
- Up $9,089 +4%
- $207,223$216,312 since Sep 2025
- 5 years
- Up $33,125 +18%
- $183,188$216,312 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Palmyra$1,135
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 21 years.
Typical home values in Palmyra, MI rose 4.4% over the past year — faster than the nation's +1.2%.
Living in Palmyra, Lenawee County, Michigan
Palmyra is a township of 2,031 people in Lenawee County. Half its households earn more than $85,208 a year and half less, against $70,518 across Lenawee County; 8% of its people live below the poverty line. 87% of its homes are lived in by their owners and 13% are rented. Unemployment in Lenawee County was 4.8% in August 2026, and the county had 0.2% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Palmyra is a small township in Lenawee County, Michigan, and most households here own the home they live in. Incomes run higher than across the county, and fewer residents live below the poverty line than you might expect. Winters are cold and snowy, with January the coldest month, while July is warm. Rain and melted snow add up to a fair amount over the year.
Work. Residents work mainly in schools, hospitals and social care, with manufacturing, shops and the building trades also well represented. Across Lenawee County, some of the largest workplaces are Adrian Steel Company, Promedica Hickman Hospital and Adrian Public Schools. Most people commute a moderate distance to work, and a small share work from home.
Things to do. For a day out, Hidden Lake Gardens is a botanical garden, and Lake Hudson State Recreation Area is a protected area for time outdoors, both a longer drive away. The Toledo Zoo is also a longer drive away and suits a family outing. Those who like sport can find Michigan Stadium and Michigan International Speedway, also a longer drive from town.
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- 921households
- 22%of adults have a degree
- 8%below the poverty line
- 23 mintypical commute
- 8%work from home
What residents work in
Employed residents by industry, from the Census survey. Lenawee County had 25,857 jobs in 2025, 0.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 17°; warmest in July, with highs near 85° and lows near 60°. About 26 inches of snow and 37 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Adrian Nne weather station, 5 miles away (NOAA).
Largest workplaces in Lenawee County
- Adrian Steel CompanyShelving manufacturing487
- Promedica Hickman HospitalGeneral hospital455FTE
- Adrian Public SchoolsSchool district405FTE
- Adrian CollegeUniversity or college379
- Kirchhoff-Automotive- TecumsehJob stampings, automotive, metal, manufacturing379
- Siena Heights UniversityUniversity or college362
- Lenawee ISDSchool district354FTE
- State of Michigan-corrections-dept 47/agency 29/GUS Harrison FACCorrectional institutions346
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 75 workplaces with 20 or more staff, 7,381 people in all across the county; Palmyra has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- TornadoesRelatively moderate
- HailRelatively moderate
- Cold wavesRelatively moderate
- Ice stormsRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Lenawee County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lenawee County and the Adrian, MI metro.
Palmyra home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Palmyra$216,312
- Michigan$263,760
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Palmyra address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Palmyra — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.