Palmyra: Economy & Jobs

Earnings in Palmyra center on a median $-666,666,666, with homes at a median value of $-666,666,666. The surrounding county supports 4,854 jobs (avg $57,223).

Income & Affordability

Median household income $-666,666,666 — below the Virginia median ($92,968).

Irs Income · IRS tax returns filed$13,510
Irs Income · Total Adjusted Gross Income (thousands)$1,040,593
Irs Income · Average AGI per return$77,024 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$104,788
Median Household Income$-666,666,666 (vs Virginia $92,968)

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. 13% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct12.7%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)4,854
Employment · Total annual wages (county)$277,790,081
Employment · Average annual pay$57,223
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment3,981,130

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES)  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms25
Agriculture · Land In Farms Acres828
Agriculture · Avg Farm Size Acres33.10
Agriculture · Top CommoditiesCrop Totals, Grain, Animal Totals, Horticulture Totals, Field Crops, Other
Agriculture · Year2022
Business Patterns · Establishments (employer count)423
Business Patterns · Total Employees3,060
Business Patterns · Annual Payroll Thousands135,906
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Gas Stations7
Local Businesses · General Merchandise3
Local Businesses · Electronics Stores3
Local Businesses · Beauty Salons3
Local Businesses · Pet Grooming4
Local Businesses · Auto Repair4
Local Businesses · Real Estate Offices13
Local Businesses · Commercial Banks3

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants8
Dining Scene · Fast Food7
Dining Scene · Coffee Snacks3

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (2)

Atlantic Union Bank
LAKE MONTICELLO BRANCH · 5980 Thomas Jefferson Pkwy · 22963
Truist Bank
PALMYRA BRANCH · 13526 James Madison Hwy · 22963

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

THOMAS INC E W
Grocery Store · 13027 James Madison Hwy
Food Lion 959
Supermarket · 264 Turkey Sag Trail
CVS Pharmacy 947
Other · 28 Abby Rd
Fas Mart 3525
Convenience Store · 101 Crofton Pl
Fas Mart 3540
Convenience Store · 13626 James Madison Hwy
Nearest Snap · NameTHOMAS INC E W
Nearest Snap · Total In Area7

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameFLUVANNA COUNTY CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$188,694,730
Federal Spending · Per Capita6,924.83 (vs Virginia $14,580)
Federal Spending · Population27,249 people (vs Virginia 42,214)

Sources: USAspending API

Other

Pct Drove Alone87.3%
Pct Walked12.7%
Retirement Score · Median age12.6 years (vs Virginia 37.8y)
Retirement Score · Va AccessYes
Retirement Score · FactorsVA nearby
Retirement Score · Ratinglimited

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12