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Paloma, IL

Full City Profile · Illinois · Hancock County County

3.0 /5.0
B Good
104 Population 359/sq mi density
52°F Avg Temperature 282 sunny days/yr
464 Violent Crime/100K 3,327 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
464 violent crimes/100K (22% above avg)
A+
Education
5.0 / 5.0
0.0% bachelor's degree or higher

Income Overview

Per Capita Income
$25,704
34% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Paloma vs. U.S. Average

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

Per Capita
US: $39,052
$25,704
66%
IRS Avg AGI
US: $72,000
$72,288
100%
Avg Weekly Wage
US: $1,432
$881
62%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$881
38% below US avg ($1,432)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
39.5%
46% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$824M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 39.5%
Public Transit 0%
Work From Home 0%
Other 60.5%

Business Landscape

Total Establishments
412
Restaurants
37
Healthcare
25
Retail
63
Manufacturing
19

Tax & Financial

IRS Avg Adjusted Gross Income
$72,288
0% below US avg ($72,000)
Avg Property Tax
$3,612
3% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Per Capita Income$25,704
IRS Avg Adjusted Gross Income$72,288
Avg Weekly Wage$881
County GDP$824M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate0.0%
Gini Coefficient0.451
Cost of Living Index100.0

Commute

Drive Alone39.5%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments412
Restaurants37
Healthcare25
Retail63
Manufacturing19

Tax

IRS Avg AGI$72,288
Avg Property Tax$3,612