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Palo, MI
Full City Profile · Michigan · Gratiot County County
3.5
/5.0
B+
Good
409
Population
584/sq mi density
$34,403
Median Income
$13,500 per capita
$92,600
Home Value
$230,599 Zillow
49°F
Avg Temperature
260 sunny days/yr
297
Violent Crime/100K
1,609 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$34,403 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$92,600 home value, /mo rent
F
Safety
1.0 / 5.0
297 violent crimes/100K
A+
Education
4.6 / 5.0
0.0% bachelor's degree or higher
Income Overview
Median Household Income
$34,403
54% below
US avg: $75,149
Per Capita Income
$13,500
65% below
US avg: $39,052
Unemployment Rate
1.9%
47% below
US avg: 3.6%
Poverty Rate
12.5%
1% above
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
$34,403
46%
Per Capita
US: $39,052
$13,500
35%
IRS Avg AGI
US: $72,000
$60,876
85%
Avg Weekly Wage
US: $1,432
$1,055
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,055
26% below US avg ($1,432)
Mean Commute Time
43 min
57% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
29.0%
60% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,982M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
29%
Public Transit
0%
Work From Home
0%
Other
71%
Average commute time
43 minutes
US avg: 28 min
Business Landscape
Total Establishments
794
Restaurants
73
Healthcare
106
Retail
124
Manufacturing
47
Tax & Financial
IRS Avg Adjusted Gross Income
$60,876
15% below US avg ($72,000)
Avg Property Tax
$3,958
13% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $34,403 |
| Per Capita Income | $13,500 |
| IRS Avg Adjusted Gross Income | $60,876 |
| Avg Weekly Wage | $1,055 |
| County GDP | $1,982M |
Hardship Indicators
| Unemployment Rate | 1.9% |
| Poverty Rate | 12.5% |
| Gini Coefficient | 0.445 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 43 minutes |
| Drive Alone | 29.0% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 794 |
| Restaurants | 73 |
| Healthcare | 106 |
| Retail | 124 |
| Manufacturing | 47 |
Tax
| IRS Avg AGI | $60,876 |
| Avg Property Tax | $3,958 |