Median Income
$93,383
household / year
Median Home Value
$337,200
owner-occupied
Median Rent
$1,427
gross / month
Cost of Living
103
national avg = 100

Is Palatine, IL a Good Place to Live?

Palatine is a mid-sized city of 67,223 in Illinois, with a median household income of $93,383 and a 4.7% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: Palatine stands out for lower-than-average crime, solid school ratings (A), a well-educated population.

Trade-offs: No major red flags stand out in the available data. Whether Palatine is right for you depends on your priorities — the full breakdown is below.

All Palatine city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 102.6

Palatine's overall cost of living index is 102.6, where 100 represents the US national average. Living in Palatine costs roughly 3% more than the average American city.

Metric Palatine, IL National Avg
Median Home Value $337,200 $244,900
Median Monthly Rent $1,427 $1,163
Homeownership Rate 67.5% 65.9%
Median Household Income $93,383 $74,755

Crime & Safety

Very Safe

Palatine's violent crime rate is 67.2 per 100,000 residents — 82% lower than the national average of ~380 per 100,000.

Violent Crime
67.2 /100k
Property Crime
941.2 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Palatine is served primarily by Palatine CCSD 15. The student-to-teacher ratio is 13.5:1 (better than the national average of ~16:1).

Metric Palatine, IL National Avg
School District Palatine CCSD 15
Elementary Schools 15
Middle Schools 5
High Schools N/A
Student/Teacher Ratio 13.5:1 16:1
Bachelor's Degree or Higher 49.3% 35.4%
High School Diploma or Higher 91.0% 91.1%

Weather & Climate

Palatine sees average highs of 28.7°F in January and 81.3°F in July, with 37.3 inches of annual precipitation and 38.5 inches of snow per year.

MetricPalatine, IL
Average High — January28.7°F
Average High — July81.3°F
Annual Precipitation37.3"
Annual Snowfall38.5"

Demographics

MetricPalatine, ILNational Avg
Population67,223
Median Age39.438.9
Unemployment Rate4.7%3.7%
Avg Commute Time28.7 min26 min
White (non-Hispanic)64.9%59.3%
Black or African American4.5%13.6%
Hispanic or Latino14.6%18.9%
Asian13.1%6.3%
Under 1822.4%22.2%
65 and over15.5%16.8%

Nearby Cities

ZIP Codes in Palatine

Palatine, IL is covered by 2 ZIP codes:

Palatine vs Other Cities

Frequently Asked Questions

Palatine's cost of living index is 103, where 100 is the national average. That puts Palatine roughly 3% above the national average in cost. The median home price is $337,200 and median rent is $1,427/month.
Palatine's violent crime rate is 67.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 941.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Palatine are operated by Palatine CCSD 15. The district has 15 elementary, 5 middle, and several high schools. The student-to-teacher ratio is 13.5:1. 49.3% of adults 25+ hold a bachelor's degree or higher.
Palatine, IL has a population of 67,223, a median household income of $93,383, and an unemployment rate of 4.7%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Palatine averages 28.7°F in January and 81.3°F in July. Annual rainfall is 37.3 inches with about 38.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Palatine, IL is covered by 2 ZIP codes: 60067, 60074.
The population of Palatine, Illinois is 67,223 with a median age of 39.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Palatine: cost of living index 103 (100 = US average), median home $337,200, median household income $93,383, crime index 29 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Palatine side by side with your current city to see the trade-offs.