Median Household Income
$106,375 ± $15,711
Median Home Value
$282,400 ± $21,135
Median Gross Rent
$717 ± $557/mo
Per Capita Income
$40,829
Poverty Rate
5.5%
Unemployment Rate
1.9%
Homeownership Rate
97.5%
Bachelor's Degree or Higher
27.2%
Median Age
32.7
Average Commute
24 min
Households
476
Veterans
53
Population Over Time
Palo grew 59.4% from 2014 to 2024.
2014
902
2016
1,036
2018
1,182
2020
1,003
2022
1,162
2024
1,438
Population by Race & Ethnicity
White
94.3%
Hispanic or Latino
0.6%
Black or African American
1.1%
Asian
0.2%
Nearby Cities in Iowa
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.