Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

Palos Park, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,816
Population
$121,696
Median Income
$464,700
Home Value
59.7
Median Age

Demographics

Palos Park has a population of 4,816 with a median age of 59.7. Here is the racial and ethnic breakdown of the population:

White
88.4%
Hispanic
5.2%
Black
3.6%
Asian
1.5%
Other
1.3%
Demographic Value
Total Population4,816
Median Age59.7
White88.4%
Black or African American3.6%
Asian1.5%
Hispanic or Latino5.2%
Other / Two or More Races1.3%
Palos Park, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 88.4%Hispanic/Latino: 5.2%Black: 3.6%Other: 2.8%4,816PopulationWhiteWhite88.4%Hispanic/LatinoHispanic/Latino5.2%BlackBlack3.6%OtherOther2.8%

Income & Economy

The median household income in Palos Park is $121,696, which is 51.0% above the national median of $80,610. The per capita income is $94,436. The poverty rate is 8.5%.

$121,696
Median Household Income
$94,436
Per Capita Income
8.5%
Poverty Rate

Advance Your Career in Palos Park

Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.

MyPerfectResume · (Ad)
Create an ATS-friendly resume in minutes. Trusted by millions of job seekers.
Build My Resume →
FlexJobs · (Ad)
Access 50,000+ vetted remote, hybrid, and flexible job listings. No ads, no scams.
Find Remote & Flexible Jobs →
ExpertRating · (Ad)
300+ online certifications in Project Management, Six Sigma, IT & more.
Get Certified & Earn More →
Mondly by Pearson · (Ad)
Join 140M+ learners. Master any of 41 languages with bite-sized lessons.
Learn a New Language →

Education

In Palos Park, 94.9% of residents age 25+ have a high school diploma or higher, and 51.7% hold a bachelor's degree or higher (24.6% with a graduate or professional degree).

HS Diploma+
94.9%
Bachelor's+
51.7%
Graduate+
24.6%
Education Level % of Adults (25+)
High School Diploma or Higher94.9%
Bachelor's Degree or Higher51.7%
Graduate or Professional Degree24.6%

Housing

The median home value in Palos Park is $464,700, above the national median of $303,400. The homeownership rate is 89.8%.

$464,700
Median Home Value
89.8%
Homeownership Rate
Housing Metric Value
Median Home Value$464,700
Homeownership Rate89.8%
Vacancy Rate6.8%

Salaries in Illinois

Explore salary data for popular occupations in Illinois:

See all Illinois salaries →

Other Cities in Illinois

See all Illinois cities →

Frequently Asked Questions

What is the population of Palos Park, Illinois?
The population of Palos Park, Illinois is 4,816 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Palos Park, Illinois?
The median household income in Palos Park, Illinois is $121,696. This is 51.0% above the national median of $80,610.
What is the median home value in Palos Park, Illinois?
The median home value in Palos Park, Illinois is $464,700.
What percentage of people in Palos Park have a college degree?
In Palos Park, Illinois, 51.7% of adults age 25 and older hold a bachelor's degree or higher, and 94.9% have a high school diploma or higher.
Is Palos Park, Illinois an affordable place to live?
The home price-to-income ratio in Palos Park, Illinois is 3.8x (median home value $464,700 vs. median income $121,696), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

🏠 Thinking About Moving to Palos Park?

Find resources to help plan your move, explore homes, and compare insurance rates in Illinois.

Salary Data in Illinois

All Jobs in Illinois Highest Paying Jobs Jobs Over $100K Average Salary

🏘️ Get City & Demographic Insights

Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.

Join Americans who use data to make smarter decisions. Privacy Policy

Share this page: X Facebook LinkedIn