Palo, MI

Full City Profile · Michigan · Gratiot County County

4.2 /5.0
A Great
409 Population 584/sq mi density
$34,403 Median Income $13,500 per capita
$92,600 Home Value $230,599 Zillow
47°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
B
Economy
3.1 / 5.0
$34,403 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$92,600 home value, /mo rent
A+
Education
4.6 / 5.0
0.0% bachelor's degree or higher

Palo, MI

At a Glance

Median Income
$34,403
54% below
$13,500 per capita
Home Value
$92,600
67% below
Zillow: $230,599
Bachelor's Degree+
0.0%
100% below
88.9% high school+
Unemployment
3.7%
3% above
12.5% poverty rate
Obesity Rate
42.6%
33% above
20.3% smoking rate
Avg Temperature
47°F

How Palo Compares to the U.S. Average

Each bar shows Palo's value as a percentage of the national average (100% = U.S. avg)

Income
46%
Home Value
33%
Poverty
101%
Bachelor's
0%
Unemployment
103%
Thin vertical line = U.S. national average (100%)

Is Palo a Good Place to Live?

A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palo residents earn a median household income of $34,403 , which is 54% below the national average of $75,149. Per capita income is $13,500. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). 12.5% of residents live below the poverty line. The area is home to 794 business establishments, including 73 restaurants.

Housing & Cost of Living

The median home value in Palo is $92,600 , 67% below the national median of $281,900. Zillow estimates the typical home at $230,599. The cost of living index is 96.2 (100 = national average). The median home was built in 1938.

Education

0.0% of adults in Palo hold a bachelor's degree or higher (100% below the national average). 88.9% have completed high school. Local schools score 5.2/10 in standardized testing.

Climate & Weather

Palo has an average annual temperature of 47°F (8°C). Winters average 22°F in January while summers reach 71°F in July. Annual precipitation totals 35.9 inches.

Data Overview

People

Population409
Median Age26.1 yrs
Density584/mi²
Male / Female53% / 47%
Foreign Born7.1%
Veterans1.5%

Economy

B
Median Income$34,403
Per Capita$13,500
Unemployment3.7%
Poverty12.5%
County GDP$1,982M
Avg Weekly Wage$1,055

Housing

A+
Home Value$92,600
Rent
Ownership85.7%
Zillow$230,599
Housing Units127
Rent Burden24.7%

Health

Obesity42.6%
Diabetes11.3%
Smoking20.3%
Heart Disease6.6%
Premature Death8,638/100K

Climate

Avg Temp47°F
Rain35.9 in/yr
Elevation801 ft

Education

A+
Bachelor's+0.0%
High School+88.9%
Graduate+0.0%
School Score5.2/10

Community

2024 VoteR 65% / D 34%
Commute43 min
Broadband85.7%
Internet Speed96 Mbps
EV Stations2
Libraries6

Did You Know?

The median home in Palo was built in 1938.
The nearest airport is Capital Region International (31 miles).
The Gini coefficient (income inequality) is 0.445 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
8.3% of the population has a disability.
The county recorded 5 fatal vehicle crashes.