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Palos Park village, Illinois

City

Population: 4,832 (2023 estimate)

Located in Illinois , Illinois

Census Bureau data for Palos Park village 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 — Palos Park village

What is the median household income in Palos Park village?
The median household income in Palos Park village is $126,263 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Palos Park village?
The poverty rate in Palos Park village is 2.2% (U.S. Census Bureau ACS 2023).
What is the median home value in Palos Park village?
$469,900 (U.S. Census Bureau ACS 2023).
What percentage of Palos Park village residents have a college degree?
49.0% of adults in Palos Park village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
4,832
Median Income
$126,263
Median Home Value
$469,900
Poverty Rate
2.2%
Unemployment (ACS 2023)
4.8%
Median Age
60.0 yrs
Since 2019 Median Income: +$23,902 (+23.4%) Home Value: +$51,300 (+12.3%) Poverty Rate: +0.7 pp (+46.7%) Bachelor's+: +5.9 pp (+13.7%) Unemployment: -0.1 pp (-2%)

Demographics

Total Population 4,832
Median Age 60.0
Female 48.4%
Race & Ethnicity
Hispanic or Latino 4.0% White (non-Hisp.) 88.1% Black 3.8% Asian 1.5% Two or More 2.7% Other 2.8%
Asian Subgroups (% of total pop.)
Filipino
0.5%
Chinese
0.4%
Hispanic Subgroups (% of total pop.)
Mexican
2.7%
Cuban
0.8%
Puerto Rican
0.2%

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

Income & Poverty

Median Household Income $126,263 ±$15,176
+$44,561 vs. state
Per Capita Income $189,768
Median Family Income $149,625
Poverty Rate 2.2%
-6.0 pp vs. state
Child Poverty Rate 3.6%
Working-Age Poverty Rate
SNAP Recipients 5.5%
Social Security Income
Retirement Income 46.5%
Household Income Distribution
< $10k
5.3%
$10–15k
4.6%
$15–25k
6.4%
$25–35k
2.1%
$35–50k
5.2%
$50–75k
11.8%
$75–100k
3.6%
$100–150k
21.3%
$150–200k
10.7%
$200k+
28.9%

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

Housing

Total Housing Units 2,208
Owner-Occupied 90.0%
Renter-Occupied 10.0%
Vacancy Rate 7.1%
Median Home Value $469,900
+$219,400 vs. state
Median Gross Rent
Owner Cost Burden (30%+) 33.1%
Renter Cost Burden (30%+) 36.6%
Home Value Distribution
$200–300k
18.1%
$300–500k
32.4%
$500k–$1M
33.3%
$1M+
13.3%
Gross Rent Distribution
< $500
51.0%
$500–1k
22.7%
$1–1.5k
13.4%
$2–2.5k
12.9%
Vehicle Availability
No vehicle
2.9%
1 vehicle
31.3%
2 vehicles
49.0%
3+
16.8%
Housing Type
Single-fam. det.
70.4%
Single-fam. att.
15.1%
2–4 units
3.4%
5–19 units
0.3%
20+ units
5.8%
Housing Age
Pre-1940
10.4%
1940–1969
5.2%
1970–1999
13.0%
2000–2009
12.0%
2010+
4.0%

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

Education

High School or Higher 96.3%
Bachelor's or Higher 49.0%
+11.8 pp vs. state
Graduate Degree 27.4%
Some College / Associate 17.7%
Less Than High School 1.4%
Enrolled in School

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

Employment

Labor Force Participation 50.9%
Unemployment Rate 4.8%
-1.0 pp vs. state
Work from Home 29.9%
Self-Employed 10.9%
Government Workers 10.1%
Private For-Profit 78.2%
Industry
Edu/Health
28.7%
Prof. Services
9.8%
Arts/Entmt.
8.8%
Manufacturing
7.8%
Retail
7.7%
Construction
6.6%
Transportation
6.2%
Finance
5.4%
Wholesale
3.8%
Public Admin
1.4%
Agriculture
0.8%
Information
0.1%
Occupation
Management
56.7%
Sales
14.6%
Food Prep
14.1%
Production
9.7%
Construction
4.9%

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

Commute

Median Travel Time 31.4 min
Drove Alone 61.5%
Carpool 4.8%
Public Transit 2.3%
Work from Home 29.9%
Walked 0.5%
Bicycle

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

Households & Families

Total Households 2,052
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 64.7%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 15.8%
Multigenerational

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

Age Distribution

Under 5
1.5%
5–9
4.6%
10–14
6.1%
15–19
3.7%
20–24
0.9%
25–34
5.0%
35–44
8.0%
45–54
9.4%
55–64
8.5%
65–74
14.1%
75–84
23.0%
85+
9.2%
Under 18: 15.7% Working age (18–64): 84.3% 65 and over: 38.1%

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

Social Characteristics

Immigration

Foreign Born 14.3%
Naturalized Citizen 70.1%
Speaks English Less Than Very Well 5.6%
Foreign-Born Origin
Europe
74.0%
Latin America
13.3%
Asia
10.2%
Africa
0.1%

Veterans & Disability

Veteran 7.4%
With a Disability 12.5%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 94.7%
Uninsured 5.3%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 93.5%
Has a Computer 91.1%
Same House 1 Year Ago 84.8%
Moved from Abroad 1.0%

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

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