Zip Code

62674

City

Palmyra, IL

Population & Migration

What is the forecasted population for Zip code 62674 Palmyra, IL?

Population census 2020
1,635
Forecasted population 2025
1,302
-0.20% vs. 2020
Forecasted population 2030
1,273
-0.22% vs. 2020

Zip code 62674 Palmyra, IL population is forecasted to decrease -0.20% by 2025 (-25.1 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 1,302 people for 2025 zip code 62674 Palmyra, IL will generate a good demand for housing, which is expected to have an excess of -180 houses for 2030. Vacancy rate is 17.3 points above national US average.

Total homes available 2020
818
Estimated total home demand in 2030
637
Total homes balance inventory
-180

Average Household Income in zip code 62674 Palmyra, IL
from Internal Revenue Service

Average household income in 2021
$52,232

Affordability

Affordability Index
1

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 62674 Palmyra, IL?

County total number of drinking water violations

120

-51%

244

County total number of drinking water contaminations

44

+83%

24

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