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Palos Park, IL&

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Population
4,934
0.2% decline
Median Age
51.5
Median Household Income
$77,304
0.31% decline
Poverty Rate
4.16%
Number of Employees
2,122
4.37% decline
Median Property Value
$371,000
0% growth

Economy

The economy of Palos Park, IL employs 2,122 people. The economy of Palos Park, IL is specialized in Real Estate, Rental & Leasing; Wholesale trade; and Finance & Insurance, which employ respectively 2.59; 2.33; and 1.89 times more people than what would be expected in a location of this size. The largest industries in Palos Park, IL are Healthcare & Social Assistance (396), Manufacturing (257), and Professional, Scientific, Tech Services (196), and the highest paying industries are Professional, Scientific, Tech Services ($91,000), Agriculture, Forestry, Fishing, Hunting ($83,500), and Transportation & Warehousing ($70,819).

Median household income in Palos Park, IL is $77,304. Males in Palos Park, IL have an average income that is 1.29 times higher than the average income of females, which is $56,734. The income inequality of Palos Park, IL (measured using the Gini index) is 0.449 which is lower 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 Palos Park, 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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The closest comparable data for the census place of Palos Park, IL is from the county of Cook County, IL.

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Diversity

Palos Park, IL is home to a population of 4,934 people, from which 97.9% are citizens. The ethnic composition of the population of Palos Park, IL is composed of 4,318 White residents (87.5%), 419 Hispanic residents (8.49%), 103 Asian residents (2.09%), 66 Two+ residents (1.34%), and 28 Black residents (0.57%). The most common foreign languages in Palos Park, IL are Arabic (123 speakers), Other Indo-European (91 speakers), and Spanish (88 speakers), but compared to other places, Palos Park, IL has a relative high number of Other Slavic (66 speakers), Other Indo-European (91 speakers), and Urdu (54 speakers).

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Education

In 2015 universities in Orland (West & Central), Palos & Lemont Townships PUMA, IL awarded 3,403 degrees. The student population of Orland (West & Central), Palos & Lemont Townships PUMA, IL is skewed away from females, with 1,941 male students and 1,462 female students. Most students in Orland (West & Central), Palos & Lemont Townships PUMA, IL are White (2,026 and 59.5%), followed by Hispanic or Latino (567 and 16.7%), Black or African American (386 and 11.3%), and Unknown (250 and 7.35%). The largest universities in Orland (West & Central), Palos & Lemont Townships PUMA, IL by number of graduates are Moraine Valley Community College (2,951 and 86.7%), Star Truck Driving School-Hickory Hills (408 and 12%), and Hair Professionals Career College (44 and 1.29%). The most popular majors in Orland (West & Central), Palos & Lemont Townships PUMA, IL are Biological & Physical Sciences (863 and 25.4%), Liberal Arts & Sciences (403 and 11.8%), and Registered Nursing (66 and 1.94%). The median tuition costs in Orland (West & Central), Palos & Lemont Townships PUMA, 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 Palos Park, IL is $371,000, which is 1.81 times larger than the national average of $205,000. Between 2015 and 2016 the median property value changed from $371,000 to $371,000, a 0% increase. The homeownership rate of Palos Park, IL is 87.4%, which is higher than the national average of 63.6%. People in Palos Park, IL have an average commute time of 29.9 minutes, and they commute by Drove Alone. Car ownership in Palos Park, IL is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
Illinois
state
Cook County, IL
county
Chicago-Naperville-Elgin, IL-IN-WI Metro Area
metropolitan statistical area
Orland (West & Central), Palos & Lemont Townships PUMA, IL
public use microdata area
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