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CITY

Palo

Michigan · 375 residents · 0.697 sq mi
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The short version

Palo has notably lower household income than the US average, with a median household income of $34,489. Population has declined 8% since 2023. 0% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $94,300. At a median age of 30.2, residents skew younger than the country as a whole. Households here earn about 53% less than the Michigan median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 30.2
US median: 38.9
Less educated
0% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
375
−8%since 2023
from 409 in 2023
2020 – 2024
Population density
538 / sq mi
−8%since 2023
from 587 / sq mi in 2023
US average: 281
Median age
30.2
+16%since 2023
from 26.1 in 2023
US average: 38.9
Population, 2020 – 2024
21827132537843120202024Palo
2024375
20202024
Section 02

Income & economy

Median household income
$34,489
−3%inflation adjusted, since 2023
from $34,403 in 2023
US average: $82,259
2020 – 2024
Per capita income
$15,978
+18%since 2023
from $13,500 in 2023
US average: $44,673
Households earning $100K+
17.8%
+11.9 ptssince 2023
from 5.9% in 2023
US average: 53.3%
Poverty rate
20.3%
+1.9 ptssince 2023
from 18.3% in 2023
US average: 12.5%
Income inequality (Gini)
0.336
+5%since 2023
from 0.320 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade39.3%
US avg: 9.9%
Wholesale trade33.8%
US avg: 6.9%
Agriculture, forestry, fishing11%
US avg: 1.6%
Construction11%
US avg: 1.2%
Arts, entertainment, food3.4%
US avg: 1.9%
Other services2.8%
US avg: 6.7%
Public administration2.8%
US avg: 4.8%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Information0%
US avg: 10.8%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$94,300
−1%inflation adjusted, since 2023
from $92,600 in 2023
US average: $376,019
2020 – 2024
Owner-occupied
100.0%
+14.3 ptssince 2023
from 85.7% in 2023
0.0% rent
Vacancy rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
Owner cost-burdened
7.6%
+0.8 ptssince 2023
from 6.9% in 2023
US average: 22.9%
Afford Score
2.7
+2%since 2023
from 2.7 in 2023
2020 – 2024
RELATED:See current rent listings in Palo on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic80.2%(328)
Black0%(0)
Hispanic / Latino19.8%(81)
Asian0%(0)
Other0%(0)
Diversity Score39.7%(162)
2024
White, non-Hispanic84.8%(318)
Black0%(0)
Hispanic / Latino14.1%(53)
Asian0%(0)
Other1.1%(4)
Diversity Score32.6%(122)
Diversity Score
33
−18%since 2023
from 40 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 35.6%
High school or higher
88.9%
Unchangedsince 2023
from 88.9% in 2023
US average: 89.6%
Graduate degree
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
56.8 min
+31%since 2023
from 43.4 min in 2023
US average: 26.5
Drive alone to work
67.6%
+38.6 ptssince 2023
from 29.0% in 2023
US average: 68.9%
Carpooled to work
32.4%
−32.5 ptssince 2023
from 64.9% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
Walked to work
0.0%
−6.1 ptssince 2023
from 6.1% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
3.4%
−1.7 ptssince 2023
from 5.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
−3.7 ptssince 2023
from 3.7% in 2023
US average: 5.2%
Labor force participation
50.0%
−1.5 ptssince 2023
from 51.5% in 2023
US average: 63.5%
Self-employed
2.1%
+2.1 ptssince 2023
from 0.0% in 2023
US average: 13.1%
Management & professional
3.4%
−5.7 ptssince 2023
from 9.2% in 2023
US average: 42.5%
Section 08

People & community

Male
57.6%
+4.5 ptssince 2023
from 53.1% in 2023
Female
42.4%
−4.5 ptssince 2023
from 46.9% in 2023
Foreign born
4.3%
−2.8 ptssince 2023
from 7.1% in 2023
US average: 14.1%
Veterans
0.7%
−0.8 ptssince 2023
from 1.5% in 2023
US average: 6.2%
With a disability
16.0%
+7.7 ptssince 2023
from 8.3% in 2023
US average: 13.3%
Uninsured
30.1%
+17.6 ptssince 2023
from 12.5% in 2023
US average: 8.4%
Broadband at home
95.8%
+10.1 ptssince 2023
from 85.7% in 2023
US average: 91.0%
English only at home
84.4%
+6.5 ptssince 2023
from 77.9% in 2023
US average: 77.7%
Spanish at home
15.6%
−6.5 ptssince 2023
from 22.1% in 2023
US average: 13.6%
Drill deeper

Places similar to Palo

Capitola
Pop 375
Barwick
Pop 352
Wausau
Pop 394
Harrison
Pop 318
Places similar to Palo
Head to head

Compare Palo to nearby cities

PALO VS
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Home value$164,800+75%
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PALO VS
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Home value$184,200+95%
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PALO VS
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Home value$115,900+23%
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PALO VS
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Home value$498,500+429%
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Frequently asked

How many people live in Palo, Michigan?

Palo, Michigan has about 375 residents according to the 2024 American Community Survey.

What is the median household income in Palo, Michigan?

The typical household in Palo, Michigan earns about $34,489 a year. Half of households make more than that, and half make less.

Is Palo, Michigan expensive?

In Palo, Michigan, the median home is worth about $94,300.

How educated are people in Palo, Michigan?

About 0.0% of adults age 25 and over in Palo, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Palo, Michigan?

About 20.3% of people in Palo, Michigan live below the federal poverty line.

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

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