In 2022, Palo, IA had a population of 1.16k people with a median age of 32.8 and a median household income of $92,368. Between 2021 and 2022 the population of Palo, IA grew from 1,080 to 1,162, a 7.59% increase and its median household income grew from $86,786 to $92,368, a 6.43% increase.
The 5 largest ethnic groups in Palo, IA are White (Non-Hispanic) (93.1%), Two+ (Non-Hispanic) (4.65%), Black or African American (Non-Hispanic) (0.775%), Other (Hispanic) (0.688%), and White (Hispanic) (0.43%).
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.
100% of the residents in Palo, IA are U.S. citizens.
In 2022, the median property value in Palo, IA was $245,400, and the homeownership rate was 93.8%.
Most people in Palo, IA drove alone to work, and the average commute time was 27.5 minutes. The average car ownership in Palo, IA was 2 cars per household.