Last updated: 2024 BLS data · Page refreshed:
Palco has a population of 197 with a median age of 41.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 197 |
| Median Age | 41.8 |
| White | 86.3% |
| Black or African American | 3.6% |
| Hispanic or Latino | 2.5% |
| Other / Two or More Races | 7.6% |
The median household income in Palco is $60,625, which is 24.8% below the national median of $80,610. The per capita income is $32,393. The poverty rate is 4.6%.
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In Palco, 95.0% of residents age 25+ have a high school diploma or higher, and 17.7% hold a bachelor's degree or higher (9.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.0% |
| Bachelor's Degree or Higher | 17.7% |
| Graduate or Professional Degree | 9.9% |
The median home value in Palco is $75,500, below the national median of $303,400. The median monthly rent is $517. The homeownership rate is 77.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $75,500 |
| Median Monthly Rent | $517 |
| Homeownership Rate | 77.4% |
| Vacancy Rate | 31.7% |
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