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Palatine, IL&

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0.25% growth
Median Age
Median Household Income
-0.84% decline
Poverty Rate
Number of Employees
1.29% growth
Median Property Value
-0.93% decline


The economy of Palatine, IL employs 36,680 people. The economy of Palatine, IL is specialized in Management of Companies & Enterprises; Manufacturing; and Wholesale trade, which employ respectively 3.76; 1.41; and 1.39 times more people than what would be expected in a location of this size. The largest industries in Palatine, IL are Manufacturing (5,016), Retail trade (4,630), and Healthcare & Social Assistance (4,084), and the highest paying industries are Utilities ($102,743), Management of Companies & Enterprises ($76,250), and Professional, Scientific, Tech Services ($71,224).

Median household income in Palatine, IL is $71,573. Males in Palatine, IL have an average income that is 1.69 times higher than the average income of females, which is $54,737. The income inequality of Palatine, IL (measured using the Gini index) is 0.51 which is higher than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Palatine, IL. In Cook County, IL the age groups most likely to have health care coverage are 6-17 and 25-34, men and women, respectively. The location has a 1 to 94 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,353. St. Clair County, IL has the highest prevalence of homicides of any county in Illinois.


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Showing data across all counties in Illinois.

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Palatine, IL is home to a population of 69,188 people, from which 85.5% are citizens. The ethnic composition of the population of Palatine, IL is composed of 43,832 White residents (63.4%), 12,886 Hispanic residents (18.6%), 9,474 Asian residents (13.7%), 1,857 Black residents (2.68%), and 998 Two+ residents (1.44%). The most common foreign languages in Palatine, IL are Spanish (9,803 speakers), Polish (2,768 speakers), and Tagalog (1,113 speakers), but compared to other places, Palatine, IL has a relative high number of Polish (2,768 speakers), Other Slavic (850 speakers), and Urdu (920 speakers).


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In 2015 universities in Palatine, IL awarded 3,657 degrees. The student population of Palatine, IL is skewed towards females, with 1,572 male students and 2,085 female students. Most students in Palatine, IL are White (2,433 and 66.5%), followed by Hispanic or Latino (607 and 16.6%), Asian (290 and 7.93%), and Black or African American (133 and 3.64%). The largest universities in Palatine, IL by number of graduates are Harper College (3,657 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Palatine, IL are Nursing Assistant & Patient Care Assistant (645 and 17.6%), General Business Administration & Management (115 and 3.14%), and Accounting Technology & Bookkeeping (110 and 3.01%). The median tuition costs in Palatine, IL are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.



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Housing & Living

The median property value in Palatine, IL is $266,700, which is 1.37 times larger than the national average of $194,500. Between 2014 and 2015 the median property value decreased from $269,200 to $266,700, a -0.93% increase. The homeownership rate of Palatine, IL is 67.7%, which is higher than the national average of 63.9%. People in Palatine, IL have an average commute time of 26.3 minutes, and they commute by Drove Alone. Car ownership in Palatine, IL is approximately the same as the national average, with an average of 2 cars per household.


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United States
Cook County, IL
Chicago-Naperville-Elgin, IL-IN-WI Metro Area
metropolitan statistical area
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