All Countries
Palo, IA
Full City Profile · Iowa · Linn County County
3.6
/5.0
B+
Good
1,173
Population
978/sq mi density
$103,646
Median Income
$41,216 per capita
$274,200
Home Value
$328,832 Zillow
$1,063
Median Rent
23.8% income on rent
50°F
Avg Temperature
260 sunny days/yr
70
Violent Crime/100K
2,285 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$103,646 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$274,200 home value, $1,063/mo rent
F
Safety
1.0 / 5.0
70 violent crimes/100K
B
Education
3.2 / 5.0
27.5% bachelor's degree or higher
Income Overview
Median Household Income
$103,646
38% above
US avg: $75,149
Per Capita Income
$41,216
6% above
US avg: $39,052
Unemployment Rate
1.9%
47% below
US avg: 3.6%
Poverty Rate
0.9%
93% below
US avg: 12.4%
Income Comparison: Palo vs. U.S. Average
Each bar shows Palo’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$103,646
138%
Per Capita
US: $39,052
$41,216
106%
IRS Avg AGI
US: $72,000
$84,771
118%
Avg Weekly Wage
US: $1,432
$1,300
91%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,300
9% below US avg ($1,432)
Mean Commute Time
27 min
3% below US avg (28 min)
Work From Home
13.6%
11% below US avg (15.2%)
Drive Alone
79.6%
9% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$21,899M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.6%
Public Transit
0%
Work From Home
13.6%
Other
6.8%
Average commute time
27 minutes
US avg: 28 min
Business Landscape
Total Establishments
7,760
Restaurants
543
Healthcare
760
Retail
691
Manufacturing
202
Tax & Financial
IRS Avg Adjusted Gross Income
$84,771
18% above US avg ($72,000)
Avg Property Tax
$5,996
71% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $103,646 |
| Per Capita Income | $41,216 |
| IRS Avg Adjusted Gross Income | $84,771 |
| Avg Weekly Wage | $1,300 |
| County GDP | $21,899M |
Hardship Indicators
| Unemployment Rate | 1.9% |
| Poverty Rate | 0.9% |
| Gini Coefficient | 0.446 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 79.6% |
| Public Transit | 0.0% |
| Work From Home | 13.6% |
Businesses
| Total Establishments | 7,760 |
| Restaurants | 543 |
| Healthcare | 760 |
| Retail | 691 |
| Manufacturing | 202 |
Tax
| IRS Avg AGI | $84,771 |
| Avg Property Tax | $5,996 |