Palos Park, IL
Full City Profile · Illinois · Will County County
3.9
/5.0
B+
Good
4,832
Population
749/sq mi density
$126,263
Median Income
$83,954 per capita
$469,900
Home Value
$513,372 Zillow
51°F
Avg Temperature
275 sunny days/yr
21
Violent Crime/100K
336 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$126,263 median income, 2.5% unemployment
A+
Affordability
4.6 / 5.0
$469,900 home value, /mo rent
F
Safety
1.0 / 5.0
21 violent crimes/100K
A+
Education
4.9 / 5.0
49.0% bachelor's degree or higher
Income Overview
Median Household Income
$126,263
68% above
US avg: $75,149
Per Capita Income
$83,954
115% above
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
2.2%
82% below
US avg: 12.4%
Income Comparison: Palos Park vs. U.S. Average
Each bar shows Palos Park’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$126,263
168%
Per Capita
US: $39,052
$83,954
215%
IRS Avg AGI
US: $72,000
$93,451
130%
Avg Weekly Wage
US: $1,432
$1,165
81%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,165
19% below US avg ($1,432)
Mean Commute Time
31 min
14% above US avg (28 min)
Work From Home
29.9%
97% above US avg (15.2%)
Drive Alone
61.5%
16% below US avg (73.2%)
Public Transit
2.3%
55% below US avg (5.0%)
County GDP
$50,333M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
61.5%
Public Transit
2.3%
Work From Home
29.9%
Other
6.3%
Average commute time
31 minutes
US avg: 28 min
Business Landscape
Total Establishments
15,924
Restaurants
1,360
Healthcare
1,994
Retail
1,683
Manufacturing
594
Tax & Financial
IRS Avg Adjusted Gross Income
$93,451
30% above US avg ($72,000)
Avg Property Tax
$9,020
158% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $126,263 |
| Per Capita Income | $83,954 |
| IRS Avg Adjusted Gross Income | $93,451 |
| Avg Weekly Wage | $1,165 |
| County GDP | $50,333M |
Hardship Indicators
| Unemployment Rate | 2.5% |
| Poverty Rate | 2.2% |
| Gini Coefficient | 0.410 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 31 minutes |
| Drive Alone | 61.5% |
| Public Transit | 2.3% |
| Work From Home | 29.9% |
Businesses
| Total Establishments | 15,924 |
| Restaurants | 1,360 |
| Healthcare | 1,994 |
| Retail | 1,683 |
| Manufacturing | 594 |
Tax
| IRS Avg AGI | $93,451 |
| Avg Property Tax | $9,020 |
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