Palos Park, IL

Full City Profile · Illinois · Will County County

4.2 /5.0
A Great
4,832 Population 749/sq mi density
$126,263 Median Income $83,954 per capita
$469,900 Home Value $563,904 Zillow
51°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.6 / 5.0
$126,263 median income, 4.8% unemployment
A+
Affordability
4.6 / 5.0
$469,900 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.9 / 5.0
49.0% bachelor's degree or higher

Palos Park, IL

At a Glance

Median Income
$126,263
68% above
$83,954 per capita
Home Value
$469,900
67% above
Zillow: $563,904
Violent Crime
0/100K
100% below
530/100K property
Bachelor's Degree+
49.0%
45% above
96.3% high school+
Unemployment
4.8%
33% above
2.2% poverty rate
Obesity Rate
27.3%
15% below
10.2% smoking rate
Avg Temperature
51°F

How Palos Park Compares to the U.S. Average

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

Income
168%
Home Value
167%
Poverty
18%
Bachelor's
145%
Unemployment
133%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is Palos Park 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

Palos Park residents earn a median household income of $126,263 , which is 68% above the national average of $75,149. Per capita income is $83,954. The unemployment rate stands at 4.8% (33% above the U.S. rate of 3.6%). 2.2% of residents live below the poverty line. The area is home to 15,924 business establishments, including 1,360 restaurants.

Housing & Cost of Living

The median home value in Palos Park is $469,900 , 67% above the national median of $281,900. Zillow estimates the typical home at $563,904. The cost of living index is 100.0 (100 = national average). The median home was built in 1975.

Safety & Crime

Palos Park reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 530/100K.

Education

49.0% of adults in Palos Park hold a bachelor's degree or higher (45% above the national average). 96.3% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Palos Park has an average annual temperature of 51°F (11°C). Winters average 24°F in January while summers reach 77°F in July. Annual precipitation totals 41.4 inches. Air quality is rated Good with a median AQI of 44.

Data Overview

People

Population4,832
Median Age60.6 yrs
Density749/mi²
Male / Female52% / 48%
Foreign Born14.3%
Veterans7.4%

Economy

A+
Median Income$126,263
Per Capita$83,954
Unemployment4.8%
Poverty2.2%
County GDP$50,333M
Avg Weekly Wage$1,165

Housing

A+
Home Value$469,900
Rent
Ownership90.0%
Zillow$563,904
Housing Units2,148
Rent Burden28.3%

Crime

C+
Violent0/100K
Property530/100K

Health

Obesity27.3%
Diabetes7.5%
Smoking10.2%
Heart Disease4.2%
Premature Death6,358/100K

Climate

Avg Temp51°F
Rain41.4 in/yr
AQI44 (Good)
Elevation691 ft

Education

A+
Bachelor's+49.0%
High School+96.3%
Graduate+27.1%
School Score6.0/10

Community

2024 VoteR 49% / D 50%
Commute31 min
Broadband93.5%
Internet Speed127 Mbps
EV Stations1
Libraries24

Did You Know?

The median home in Palos Park was built in 1975.
29.9% work from home.
The nearest airport is Chicago Midway International (9 miles).
The Gini coefficient (income inequality) is 0.410 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
12.5% of the population has a disability.
14.3% of residents are foreign-born.
Average internet download speed is 127 Mbps.
There are 1,360 restaurants in the area.
The county recorded 59 fatal vehicle crashes.