Palo, Iowa

US Census Bureau ACS 5-Year Estimates ยท 2022

IA

Palo Demographics Overview

Total Population
1,162
ACS 2022 estimate
Median Household Income
$92,368
Annual household income
โ–ฒ 24% vs US avg
Median Home Value
$245,400
Owner-occupied homes
โ–ผ 13% vs US avg
Median Gross Rent
$1,536
Monthly rent (incl. utilities)
โ–ฒ 32% vs US avg
Median Age
32.8 years
Median age of residents
โ–ผ 16% vs US avg

Income & Economy

Median Household Income
$92,368
US avg: $74,580
vs. National Median+23.9%

Housing

Median Home Value
$245,400
US avg: $281,900
Median Gross Rent
$1,536/mo
US avg: $1,163/mo
Rent vs. National Avg+32.1%

Population

Total Population1,162
Median Age
32.8 years
US avg: 38.9 yrs

Data Source

Data for Palo comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Palo, IA โ€” Frequently Asked Questions

Common questions about Palo demographics

What is the population of Palo, Iowa?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Palo, Iowa is 1,162.

What is the median household income in Palo?

The median household income in Palo, Iowa is $92,368 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Palo?

Key cost indicators for Palo, Iowa:. Median home value: $245,400. Median gross rent: $1,536/month. Median household income: $92,368/year

What is the median home value in Palo?

The median home value in Palo, Iowa is $245,400, compared to the national median of approximately $281,900.

What is the average age in Palo?

The median age in Palo, Iowa is 32.8 years, compared to the US national median age of approximately 38.9 years.

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Palo, IA Demographics - Population, Income & Housing (2022)