Palo

Population: 1,173
Median household income: $103,646
Median home value: $274,200

Palo, a community in Linn County, Iowa, has 1,173 residents. The median household income of $103,646 is above the Linn County median ($76,421).

Between 2019 and 2023, Palo's population grew 12.4% from 1,044 to 1,173, while its median home value rose 42.9% from $191,900 to $274,200.

Households average 2.93 people. The median gross rent is $1,063.

Demographics

ACS 2019–2023

Population: 1,173
Median age: 32.7 yrs
Median household income: $103,646
Median home value: $274,200
Median gross rent: $1,063
Housing units: 409
Homeownership rate: 95.3%
Bachelor's degree or higher: 27.5%
Unemployment rate: 2.3%

Trends

ACS 5-year · 2019–2023

Population

1,0441,173

Median household income

$76,944$103,646

Median home value

$191,900$274,200

Median gross rent

$1,006$1,063

Year	Population	Median household income	Median home value	Median gross rent
2019	1,044	$76,944	$191,900	$1,006
2020	1,003	$82,083	$202,400	$1,081
2021	1,080	$86,786	$217,800	$1,132
2022	1,162	$92,368	$245,400	$1,536
2023	1,173	$103,646	$274,200	$1,063

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 510.7%

5 to 1722.9%

18 to 243.6%

25 to 3416.4%

35 to 4416.6%

45 to 5414.8%

55 to 646.9%

65 to 744.4%

75 and over3.7%

	Count	Share
Under 5	125	10.7%
5 to 17	269	22.9%
18 to 24	42	3.6%
25 to 34	192	16.4%
35 to 44	195	16.6%
45 to 54	174	14.8%
55 to 64	81	6.9%
65 to 74	52	4.4%
75 and over	43	3.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,100	93.8%
Black or African American	8	0.7%
American Indian & Alaska Native	0	0.0%
Asian	2	0.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	48	4.1%
Hispanic or Latino (any race)	15	1.3%

Educational attainment (age 25+)

No high school diploma1.4%

High school graduate35.5%

Some college or associate's35.5%

Bachelor's degree21.8%

Graduate or professional degree5.7%

	Count	Share
No high school diploma	10	1.4%
High school graduate	262	35.5%
Some college or associate's	262	35.5%
Bachelor's degree	161	21.8%
Graduate or professional degree	42	5.7%

Commute to work

Mean travel time to work: 27 min

Drove alone79.6%

Carpooled5.1%

Public transit0.0%

Walked0.5%

Bicycle0.0%

Worked from home13.6%

Other means1.2%

How workers get to work

	Count	Share
Drove alone	526	79.6%
Carpooled	34	5.1%
Public transit	0	0.0%
Walked	3	0.5%
Bicycle	0	0.0%
Worked from home	90	13.6%
Other means	8	1.2%

Travel time

	Count	Share
Under 15 min	45	7.9%
15 to 29 min	355	62.2%
30 to 44 min	104	18.2%
45 to 59 min	39	6.8%
60+ min	28	4.9%

Households

Average household size: 2.93
Poverty rate: 3.3% (38 of 1,163)

	Count	Share
Family households	322	80.3%
Nonfamily households	79	19.7%

Housing

Median year structure built: 2005

Occupancy

	Count	Share
Occupied	401	98.0%
Vacant	8	2.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	382	95.3%
Renter-occupied	19	4.7%

1-unit, detached97.1%

1-unit, attached1.0%

2 to 4 units1.5%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.5%

Units in structure

	Count	Share
1-unit, detached	397	97.1%
1-unit, attached	4	1.0%
2 to 4 units	6	1.5%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	2	0.5%

Geography

Place GEOID: 1961230
Type (LSAD): 25
Land area: 1.2 sq mi
Water area: 0 sq mi
Center point: 42.0642, -91.7993