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CITY · 2010 ACS

Palo

Iowa · 1,026 residents · 1.197 sq mi
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The short version

Palo is significantly wealthier than the US average, with a median household income of $77,604. The city has grown rapidly, with population up 67% since 2000. Median home value has more than doubled since 2000, reaching $175,000. At a median age of 32.4, residents skew younger than the country as a whole. Poverty is rare here, at 1.9% of residents. Households here earn about 59% more than the Iowa median.

At a glance
Wealthier
above the US median
US median: $52,703
Younger
median age 32.4
US median: 37.2
Less educated
23% hold a bachelor's degree
US average: 28%
Less affordable
home values up 45%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
1,026
+67%since 2000
from 614 in 2000
1990 – 2025
Population density
857 / sq mi
+67%since 2000
from 513 / sq mi in 2000
US average: 261
Median age
32.4
−15%since 2000
from 38.1 in 2000
US average: 37.2
Population, 1990 – 2024
4337079811K2K1990201020202024Palo
20241K
1990201020202024
Section 02

Income & economy

Median household income
$77,604
+14%inflation adjusted, since 2000
from $53,558 in 2000
US average: $52,703
1990 – 2024
Per capita income
$24,808
+16%since 2000
from $21,429 in 2000
US average: $27,286
Households earning $100K+
51.8%
−4.6 ptssince 2009
from 56.3% in 2009
US average: 33.3%
Poverty rate
1.9%
−2.8 ptssince 2000
from 4.6% in 2000
US average: 13.8%
Income inequality (Gini)
0.275
US average: 0.461
Workforce by industry, 2010
Retail trade19.2%
US avg: 10.9%
Other services9.3%
US avg: 7%
Wholesale trade8.9%
US avg: 7.2%
Arts, entertainment, food8.2%
US avg: 2.4%
Public administration6.8%
US avg: 4.9%
Finance & insurance5.9%
US avg: 5.1%
Information3.4%
US avg: 11.5%
Professional, scientific, technical3.2%
US avg: 4.2%
Transportation & warehousing3%
US avg: 3.1%
Education & health services2.7%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$175,000
+45%inflation adjusted, since 2000
from $95,300 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$1,712
+140%inflation adjusted, since 2000
from $563 in 2000
US average: $853
Owner-occupied
79.9%
−4.7 ptssince 2000
from 84.6% in 2000
8.4% rent
Vacancy rate
9.6%
+4.8 ptssince 2009
from 4.8% in 2009
US average: 12.1%
Owner cost-burdened
35.5%
+9.2 ptssince 2009
from 26.3% in 2009
US average: 30.9%
Renter cost-burdened
20.0%
+8.9 ptssince 2009
from 11.1% in 2009
US average: 46.8%
Afford Score
2.3
+27%since 2000
from 1.8 in 2000
1990 – 2024
RELATED:See current rent listings in Palo on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.4%(604)
Black0.2%(1)
Hispanic / Latino0.7%(4)
Asian0.2%(1)
Other0%
Diversity Score2.4%(15)
2010
White, non-Hispanic96.3%(988)
Black0.5%(5)
Hispanic / Latino1.4%(14)
Asian0.3%(3)
Other1.3%(14)
Diversity Score8.5%(87)
Diversity Score
8
+247%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
23.1%
+12.8 ptssince 2000
from 10.3% in 2000
US average: 27.9%
High school or higher
97.1%
+5.6 ptssince 2000
from 91.6% in 2000
US average: 84.9%
Graduate degree
5.4%
+3.4 ptssince 2000
from 2.1% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
20.0 min
+90%since 2000
from 10.5 min in 2000
US average: 25.2
Drive alone to work
86.6%
+0.6 ptssince 2009
from 86.0% in 2009
US average: 76.2%
Carpooled to work
9.2%
−1.0 ptssince 2009
from 10.2% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
1.7%
+0.1 ptssince 2009
from 1.6% in 2009
US average: 4.1%
Walked to work
1.1%
−0.3 ptssince 2009
from 1.4% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
1.6%
−0.9 ptssince 2009
from 2.5% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
4.2%
+0.4 ptssince 2009
from 3.8% in 2009
US average: 12.9%
Management & professional
35.7%
−31.6 ptssince 2009
from 67.4% in 2009
US average: 35.2%
Section 08

People & community

Male
51.0%
−0.8 ptssince 2009
from 51.8% in 2009
Female
49.0%
+0.8 ptssince 2009
from 48.2% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 12.8%
Veterans
10.0%
−35.8 ptssince 2009
from 45.7% in 2009
US average: 9.9%
Drill deeper

Places similar to Palo

North Redington Beach
Pop 1,444
Redington Beach
Pop 1,355
Lincoln
Pop 1,873
El Portal
Pop 1,943
Places similar to Palo
Head to head

Compare Palo to nearby cities

PALO VS
Cedar Rapids
Income$70,424−9%
Home value$187,100+7%
Population137,935+8793%
SEE FULL COMPARISON →
PALO VS
Marion
Income$86,743+12%
Home value$241,700+38%
Population42,732+2655%
SEE FULL COMPARISON →
PALO VS
North Liberty
Income$102,102+32%
Home value$303,800+74%
Population21,976+1317%
SEE FULL COMPARISON →
PALO VS
Coralville
Income$69,144−11%
Home value$298,500+71%
Population23,960+1445%
SEE FULL COMPARISON →
Frequently asked

How many people live in Palo, Iowa?

Palo, Iowa has about 1,026 residents according to the 2010 American Community Survey.

What is the median household income in Palo, Iowa?

The typical household in Palo, Iowa earns about $77,604 a year. Half of households make more than that, and half make less.

Is Palo, Iowa expensive?

In Palo, Iowa, the median home is worth about $175,000, and the typical rent is about $1,712 a month.

How educated are people in Palo, Iowa?

About 23.1% of adults age 25 and over in Palo, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Palo, Iowa?

About 1.9% of people in Palo, Iowa live below the federal poverty line.

Has Palo, Iowa grown since 1990?

Yes, Palo, Iowa has grown since 1990. The population has added about 502 residents, a change of about 96 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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