CensusEasy
CITY · 2020 ACS

Palo

Michigan · 236 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 $36,042. Population has fallen 43% since 2021, a loss of 177 residents. 5% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $85,300. Households here earn about 39% less than the Michigan median.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 36.7
US median: 38.8
Less educated
5% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

236
−43%vs 2021
vs 413 in 2021
2020 – 2024
339 / sq mi
−43%vs 2021
vs 593 / sq mi in 2021
US average: 280
36.7
+40%vs 2021
vs 26.3 in 2021
US average: 38.8
Population, 20202024
21827132537843120202024Palo
2024375
20202024
Section 02

Income & economy

$36,042
+26%inflation adjusted, since 2021
vs $29,840 in 2021
US average: $66,278
2020 – 2024
$13,265
+7%vs 2021
vs $12,353 in 2021
US average: $35,364
Households earning $100K+
8.1%
+2.0 ptsvs 2021
vs 6.2% in 2021
US average: 43.9%
17.6%
−3.4 ptsvs 2021
vs 21.1% in 2021
US average: 12.8%
Workforce by industry, 2020
Wholesale trade32%
US avg: 6.7%
Retail trade26.7%
US avg: 10%
Agriculture, forestry, fishing16.9%
US avg: 1.7%
Construction15.7%
US avg: 1.2%
Information10.5%
US avg: 11.1%
Arts, entertainment, food3.5%
US avg: 2%
Other services1.7%
US avg: 6.6%
Public administration1.7%
US avg: 4.7%
Manufacturing1.2%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$85,300
+6%inflation adjusted, since 2021
vs $84,500 in 2021
US average: $265,253
2020 – 2024
$833
−6%inflation adjusted, since 2021
vs $925 in 2021
US average: $1,124
86.7%
+12.4 ptsvs 2021
vs 74.3% in 2021
13.3% rent
2.4
−16%vs 2021
vs 2.8 in 2021
2020 – 2024
RELATED:See current rent listings in Palo on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic85%(351)
Black0%(0)
Hispanic / Latino14.8%(61)
Asian0%(0)
Other0.2%(1)
Diversity Score32%(132)
2020
White, non-Hispanic84.3%(199)
Black0.4%(1)
Hispanic / Latino5.9%(14)
Asian0.8%(2)
Other0.9%(2)
Diversity Score20.5%(48)
20
−36%vs 2021
vs 32 in 2021
2020 – 2024
Section 05

Education

5.2%
+1.2 ptsvs 2021
vs 4.0% in 2021
US average: 32.9%
High school or higher
80.6%
−2.1 ptsvs 2021
vs 82.7% in 2021
US average: 88.5%
0.0%
Unchangedvs 2021
vs 0.0% in 2021
US average: 12.7%
Section 06

Commute & transportation

37.6 min
+1%vs 2021
vs 37.3 min in 2021
US average: 26.9
52.3%
+7.2 ptsvs 2021
vs 45.1% in 2021
US average: 75.1%
0.0%
Unchangedvs 2021
vs 0.0% in 2021
US average: 8.4%
Section 07

Work & employment

11.8%
+3.4 ptsvs 2021
vs 8.4% in 2021
US average: 5.4%
64.1%
+5.8 ptsvs 2021
vs 58.4% in 2021
US average: 63.4%
9.3%
+0.8 ptsvs 2021
vs 8.5% in 2021
US average: 39.3%
Section 08

People & community

49.7%
−2.6 ptsvs 2021
vs 52.3% in 2021
50.3%
+2.6 ptsvs 2021
vs 47.7% in 2021
5.3%
−1.0 ptsvs 2021
vs 6.3% in 2021
US average: 13.5%
24.6%
+1.6 ptsvs 2021
vs 23.0% in 2021
US average: 8.8%
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Frequently asked

How many people live in Palo, Michigan?

Palo, Michigan has about 236 residents according to the 2020 American Community Survey.

What is the median household income in Palo, Michigan?

The typical household in Palo, Michigan earns about $36,042 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 $85,300, and the typical rent is about $833 a month.

How educated are people in Palo, Michigan?

About 5.2% 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 17.6% 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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