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

Economy

3.3 / 5.0

$34,403 median income, 1.9% unemployment

A+

Affordability

5.0 / 5.0

$92,600 home value, /mo rent

Safety

1.0 / 5.0

297 violent crimes/100K

A+

Education

4.6 / 5.0

0.0% bachelor's degree or higher

Change Over Time (2021, 2023)

Population Change

-1%

413 → 409

over 2 years

Annual Pop. Growth

-0.49%

Compound annual growth rate

Median Income Change

+15.3%

$29,840 → $34,403

nominal, not inflation-adjusted

Annual Income Growth

+7.37%

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 2021, 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

395

-14 from 2023 (409)

Projected Median Income 2030

$56,595

+$22,192 from 2023 ($34,403)

Year-by-Year Detail

Year	Population	YoY %	Median Income	YoY %
2021	413	-	$29,840	-
2023	409	-1%	$34,403	+15.3%

Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.