In 2023, Palo, IA had a population of 1.17k people with a median age of 32.7 and a median household income of $103,646. Between 2022 and 2023 the population of Palo, IA grew from 1,162 to 1,173, a 0.947% increase and its median household income grew from $92,368 to $103,646, a 12.2% increase.
The 5 largest ethnic groups in Palo, IA are White (Non-Hispanic) (93.8%), Two+ (Non-Hispanic) (4.09%), Other (Hispanic) (0.853%), Black or African American (Non-Hispanic) (0.682%), and White (Hispanic) (0.426%).
None of the households in Palo, IA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
99.7% of the residents in Palo, IA are U.S. citizens.
In 2023, the median property value in Palo, IA was $274,200, and the homeownership rate was 95.3%.
Most people in Palo, IA drove alone to work, and the average commute time was 26.9 minutes. The average car ownership in Palo, IA was 2 cars per household.