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Palo city, Iowa

City

Population: 1,173 (2023 estimate)

Located in Iowa , Iowa

Census Bureau data for Palo city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Palo city

What is the median household income in Palo city?
The median household income in Palo city is $103,646 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Palo city?
The poverty rate in Palo city is 0.9% (U.S. Census Bureau ACS 2023).
What is the median home value in Palo city?
$274,200 (U.S. Census Bureau ACS 2023).
What is the average rent in Palo city?
The median gross rent in Palo city is $1,063 per month (U.S. Census Bureau ACS 2023).
What percentage of Palo city residents have a college degree?
27.5% of adults in Palo city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,173
Median Income
$103,646
Median Home Value
$274,200
Poverty Rate
0.9%
Unemployment (ACS 2023)
2.3%
Median Age
32.0 yrs
Since 2019 Median Income: +$26,702 (+34.7%) Home Value: +$82,300 (+42.9%) Poverty Rate: -2.3 pp (-71.9%) Bachelor's+: +6.5 pp (+31%) Unemployment: -0.9 pp (-28.1%)

Demographics

Total Population 1,173
Median Age 32.0
Female 47.5%
Race & Ethnicity
Hispanic or Latino 1.3% White (non-Hisp.) 93.8% Black 0.7% Asian 0.2% Two or More 4.1% Other 0.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $103,646 ±$19,109
+$30,499 vs. state
Per Capita Income $117,932
Median Family Income $103,846
Poverty Rate 0.9%
-6.0 pp vs. state
Child Poverty Rate 1.5%
Working-Age Poverty Rate
SNAP Recipients 1.2%
Social Security Income
Retirement Income 14.7%
Household Income Distribution
$10–15k
1.2%
$15–25k
0.7%
$25–35k
0.7%
$35–50k
3.7%
$50–75k
18.7%
$75–100k
21.7%
$100–150k
30.9%
$150–200k
15.2%
$200k+
7.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 409
Owner-Occupied 95.3%
Renter-Occupied 4.7%
Vacancy Rate 2.0%
Median Home Value $274,200
+$78,300 vs. state
Median Gross Rent $1,063
Owner Cost Burden (30%+) 3.7%
Renter Cost Burden (30%+) 23.5%
Home Value Distribution
< $50k
3.7%
$50–100k
1.6%
$100–200k
5.5%
$200–300k
45.0%
$300–500k
34.8%
$500k–$1M
0.5%
$1M+
1.6%
Gross Rent Distribution
$500–1k
47.1%
$1–1.5k
29.4%
$1.5–2k
23.5%
Vehicle Availability
1 vehicle
7.5%
2 vehicles
46.6%
3+
45.9%
Housing Type
Single-fam. det.
97.1%
Single-fam. att.
1.0%
Mobile home
0.5%
Housing Age
Pre-1940
6.1%
1940–1969
2.0%
1970–1999
4.9%
2000–2009
31.5%
2010+
30.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 98.6%
Bachelor's or Higher 27.5%
-3.4 pp vs. state
Graduate Degree 5.7%
Some College / Associate 22.7%
Less Than High School 0.8%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 79.8%
Unemployment Rate 2.3%
-1.3 pp vs. state
Work from Home 13.6%
Self-Employed 3.4%
Government Workers 9.7%
Private For-Profit 86.9%
Industry
Edu/Health
18.8%
Manufacturing
16.4%
Construction
12.4%
Retail
11.2%
Prof. Services
9.8%
Finance
9.8%
Public Admin
5.1%
Transportation
4.3%
Arts/Entmt.
3.7%
Wholesale
3.1%
Information
2.5%
Agriculture
0.6%
Occupation
Management
33.2%
Sales
25.5%
Production
16.1%
Food Prep
12.8%
Construction
12.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 26.9 min
Drove Alone 79.6%
Carpool 5.1%
Public Transit 0.0%
Work from Home 13.6%
Walked 0.5%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 401
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 66.3%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 36.7%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
10.7%
5–9
6.1%
10–14
9.2%
15–19
8.9%
20–24
2.4%
25–34
16.4%
35–44
16.6%
45–54
14.8%
55–64
3.9%
65–74
3.0%
75–84
4.4%
85+
3.7%
Under 18: 33.6% Working age (18–64): 66.4% 65 and over: 8.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 1.6%
Naturalized Citizen 84.2%
Speaks English Less Than Very Well 0.4%
Foreign-Born Origin
Europe
52.6%
Asia
47.4%

Veterans & Disability

Veteran 5.8%
With a Disability 5.2%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 98.0%
Uninsured 2.0%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 96.3%
Has a Computer 97.8%
Same House 1 Year Ago 91.3%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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