Palmyra, New Jersey.
Typical home $310,558 (+1.5% in a year). Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro.
to buy the typical home at today's mortgage rate — +$985 (+153%) since Jan 2020.
- 1 year
- Up $4,487 +1%
- $306,072$310,558 since Sep 2025
- 5 years
- Up $91,307 +42%
- $219,251$310,558 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$1,630
- New Jersey$3,019
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Palmyra, NJ rose 1.5% over the past year — faster than the nation's +1.2%.
Living in Palmyra, Burlington County, New Jersey
Palmyra is a borough of 7,438 people in Burlington County. Half its households earn more than $89,574 a year and half less, against $108,111 across Burlington County; 10% of its people live below the poverty line. 71% of its homes are lived in by their owners and 29% are rented. Unemployment in Burlington County was 4.4% in August 2026, and the county had 1.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
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 It can be wrong or out of date.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 borough in Burlington County, New Jersey, where most homes are lived in by their owners. Residents are somewhat older than in many towns, and household incomes run below the county's. Winters are cold, with January the coldest month, summers are warm, and the year brings a fair amount of rain and melted snow. Most people drive some distance to work, and a good number work from home.
Work. Residents work mainly in schools, hospitals and social care, followed by shops, manufacturing, and professional and business services. The largest workplaces in Palmyra include the Palmyra Public School District, RCR Electrical Contractors and a Wawa convenience store. Unemployment across Burlington County has eased compared with a year earlier, and the county has added a few more jobs.
Things to do. Philadelphia is a short drive away, and most of what draws visitors is there. Independence Hall, an archaeological site, is among the best known, and Independence National Historical Park sits alongside it. Baseball and football fans can reach Citizens Bank Park and Lincoln Financial Field, both stadiums a short drive away, and the Philadelphia Museum of Art is close by as well.
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- 3,287households
- 32%of adults have a degree
- 10%below the poverty line
- 25 mintypical commute
- 17%work from home
What residents work in
Employed residents by industry, from the Census survey. Burlington County had 214,267 jobs in 2025, 1.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 25°; warmest in July, with highs near 87° and lows near 68°. About 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Pennsauken 1N weather station, 3 miles away (NOAA).
Largest workplaces in Palmyra
- Palmyra Public School DistrictSchool district175FTE
- RCR Electrical ContractorsElectric contracting45
- Wawa SiteConvenience store25
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 70 people in all. School districts come from the Common Core of Data (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
- Coastal floodingRelatively moderate
- Winter weatherrelatively high in parts of PalmyraRelatively moderate
- Ice stormsRelatively moderate
- Strong windRelatively moderate
- Inland floodingrelatively high in parts of PalmyraRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Palmyra’s census tracts, 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 Burlington County and the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 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$310,558
- New Jersey$575,123
- United States$366,157
Sellers are cutting prices on about 1 in 4 Palmyra listings — the market is roughly in balance.
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.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Palmyra22.38%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Palmyra35
New listings per month
Sellers arriving at the market.
- Palmyra15
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.