Palo, IA
Full City Profile · Iowa · Linn County County
4.4
/5.0
A
Great
1,173
Population
978/sq mi density
$103,646
Median Income
$41,216 per capita
$274,200
Home Value
$341,983 Zillow
$1,063
Median Rent
23.8% income on rent
48°F
Avg Temperature
A
Overall
4.4 / 5.0
Strong
A+
Economy
5.0 / 5.0
$103,646 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$274,200 home value, $1,063/mo rent
B
Education
3.2 / 5.0
27.5% bachelor's degree or higher
Change Over Time (2013, 2023)
Population Change
+45.9%
1,030 → 1,503
over 10 years
Annual Pop. Growth
+3.85%
Compound annual growth rate
Median Income Change
+51.2%
$68,542 → $103,646
nominal, not inflation-adjusted
Annual Income Growth
+4.22%
Compound annual growth rate
Population Over Time
Total population for Palo across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
1,958
+455 from 2023 (1,503)
Projected Median Income 2030
$138,424
+$34,778 from 2023 ($103,646)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 1,030 | - | $68,542 | - |
| 2015 | 1,062 | +3.1% | $69,444 | +1.3% |
| 2017 | 1,074 | +1.1% | $68,889 | -0.8% |
| 2019 | 1,076 | +0.2% | $76,944 | +11.7% |
| 2021 | 1,404 | +30.5% | $86,786 | +12.8% |
| 2023 | 1,503 | +7.1% | $103,646 | +19.4% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.