Also See Palos Park, IL: ZIP Codes & Maps
The Village of Palos Park had a population of 4,962 as of July 1, 2023.
The primary coordinate point for Palos Park is located at latitude 41.6673 and longitude -87.8303 in Cook County. The formal boundaries for the Village of Palos Park encompass a land area of 3.93 sq. miles and a water area of 0.04 sq. miles. Cook County is in the Central time zone (GMT -6).
The Village of Palos Park has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The Village of Palos Park is located within Township of Palos, a minor civil division (MCD) of Cook County.
POPULATION | |
---|---|
Total Population | 4,962 (100%) |
Population in Households | 4,717 (95.1%) |
Population in Families | 4,054 (81.7%) |
Population in Group Quarters1 | 245 ( 4.9%) |
Population Density | 769 |
Diversity Index2 | 37 |
INCOME | |
Median Household Income | $110,065 |
Average Household Income | $157,280 |
% of Income for Mortgage4 | 22% |
Per Capita Income | $59,775 |
Wealth Index5 | 235 |
Socioeconomic Status Index6 | Moderate (61.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 2,011 (100%) |
Owner Occupied HU | 1,765 (87.8%) |
Renter Occupied HU | 118 ( 5.9%) |
Vacant Housing Units | 128 ( 6.4%) |
Median Home Value | $402,012 |
Average Home Value | $481,799 |
Housing Affordability Index3 | 95 |
HOUSEHOLDS | |
Total Households | 1,883 |
Average Household Size | 2.51 |
Family Households | 1,335 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.39% | -0.58% |
Households | -0.28% | -0.28% |
Families | -0.23% | |
Median Household Income | 1.86% | |
Per Capita Income | 2.60% | |
Owner Occupied HU | -0.48% |
The table below compares Palos Park to the other 1,464 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 337 | 77th |
Population Density | # 872 | 41st |
Median Household Income | # 104 | 93rd |
Housing Affordability Index | # 297 | 20th |
Per Capita Income | # 79 | 95th |
Diversity Index | # 409 | 72nd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.
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