This was 16.2 percent lower than the state average of 36 percent. In 2020 the total municipality population reached 1,553.
90.4 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Palmyra for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 97 | 9.6 |
| Regular high school diploma | 313 | 31 |
| GED or alternative credential | 126 | 12.5 |
| Some college, less than 1 year | 31 | 3.1 |
| Some college, 1 or more years, no degree | 243 | 24.1 |
| Associate's degree | 74 | 7.3 |
| Bachelor's degree | 93 | 9.2 |
| Master's degree | 30 | 3 |
| Professional school degree | 3 | 0.3 |
| Doctorate degree | 0 | 0 |

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