Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 55.7 yrs |
|---|---|
| Avg HH Size | 2.48 |
| Below Poverty | 5.1% ▼ 49% below avg |
| College Grads | 56.3% ▲ 45% above avg |
| Unemployment | 3.6% ▼ 26% below avg |
| No HS Diploma | 69 (0.9%) |
| HS Graduate | 1,617 (21.8%) |
| Some College | 643 (8.7%) |
| Associates | 909 (12.3%) |
| Bachelors | 456 (6.1%) |
| Graduate Degree | 3,723 (50.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $126,220 ▲ 65% above avg |
|---|---|
| Median Home Value | $463,100 ▲ 66% above avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $2,058/mo |
| Total Housing Units | 4,450 |
| Vacant Units | 503 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palos Park is a city in Illinois, located in Cook County. The city spans 1 ZIP code and is home to approximately 9,889 residents. It is an older city, with a median age of 55.7 years.
Economically, Palos Park is a upper-middle-income community. The median household income of $126,220 is significantly above the national average. Approximately 5.1% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.
The real estate market in Palos Park is a premium housing market. Median home values stand at $463,100, which is significantly above the national average. Renters typically pay around $2,058 per month. Homeownership is high at 88.0%, typical of suburban and family-oriented communities.
The population of Palos Park is well-educated. 56.3% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (82.91%).
Palos Park, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 60464 | 9,889 | $126,220 | $463,100 | $2,058 | 3.6% | 56.3% | 88.0% |