This was 3.2 percent lower than the state average of 46.3 percent. In 2020 the total municipality population reached 3,361.
91 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 | 212 | 9 |
| Regular high school diploma | 603 | 25.6 |
| GED or alternative credential | 105 | 4.4 |
| Some college, less than 1 year | 172 | 7.3 |
| Some college, 1 or more years, no degree | 251 | 10.6 |
| Associate's degree | 353 | 15 |
| Bachelor's degree | 349 | 14.8 |
| Master's degree | 256 | 10.8 |
| Professional school degree | 27 | 1.1 |
| Doctorate degree | 32 | 1.4 |
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