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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 Rate2.5%
Poverty Rate2.2%
Gini Coefficient0.410
Cost of Living Index100.0

Commute

Mean Commute31 minutes
Drive Alone61.5%
Public Transit2.3%
Work From Home29.9%

Businesses

Total Establishments15,924
Restaurants1,360
Healthcare1,994
Retail1,683
Manufacturing594

Tax

IRS Avg AGI$93,451
Avg Property Tax$9,020