Median Income
$128,370
household / year
Median Home Value
$445,200
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
103
national avg = 100

Is Palos Park, IL a Good Place to Live?

Palos Park is a small town of 4,836 in Illinois, with a median household income of $128,370 and a 5.3% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: Palos Park stands out for solid school ratings (A), a well-educated population.

Trade-offs: Potential downsides include high home prices, longer commutes, an elevated unemployment rate. Whether Palos Park is right for you depends on your priorities — the full breakdown is below.

All Palos Park 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

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

Metric Palos Park, IL National Avg
Median Home Value $445,200 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 90.6% 65.9%
Median Household Income $128,370 $74,755

Crime & Safety

Near National Average

Palos Park's violent crime rate is 347.2 per 100,000 residents — 9% lower than the national average of ~380 per 100,000.

Violent Crime
347.2 /100k
Property Crime
2418.1 /100k

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

Schools & Education

Palos Park is served primarily by Palos CCSD 118. The student-to-teacher ratio is 13.6:1 (better than the national average of ~16:1).

Metric Palos Park, IL National Avg
School District Palos CCSD 118 —
Elementary Schools 2 —
Middle Schools 1 —
High Schools N/A —
Student/Teacher Ratio 13.6:1 16:1
Bachelor's Degree or Higher 50.0% 35.4%
High School Diploma or Higher 96.3% 91.1%

Weather & Climate

Palos Park sees average highs of 33.1°F in January and 89.5°F in July, with 41.2 inches of annual precipitation and 38.8 inches of snow per year.

MetricPalos Park, IL
Average High — January33.1°F
Average High — July89.5°F
Annual Precipitation41.2"
Annual Snowfall38.8"

Demographics

MetricPalos Park, ILNational Avg
Population4,836—
Median Age59.538.9
Unemployment Rate5.3%3.7%
Avg Commute Time31.3 min26 min
White (non-Hispanic)88.6%59.3%
Black or African American2.5%13.6%
Hispanic or Latino4.1%18.9%
Asian1.2%6.3%
Under 1814.8%22.2%
65 and over34.4%16.8%

Nearby Cities

ZIP Codes in Palos Park

Palos Park, IL is covered by 1 ZIP code:

Palos Park vs Other Cities

Frequently Asked Questions

Palos Park's cost of living index is 103, where 100 is the national average. That puts Palos Park roughly 3% above the national average in cost. The median home price is $445,200 and median rent is N/A/month.
Palos Park's violent crime rate is 347.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2418.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Palos Park are operated by Palos CCSD 118. The district has 2 elementary, 1 middle, and several high schools. The student-to-teacher ratio is 13.6:1. 50.0% of adults 25+ hold a bachelor's degree or higher.
Palos Park, IL has a population of 4,836, a median household income of $128,370, and an unemployment rate of 5.3%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Palos Park averages 33.1°F in January and 89.5°F in July. Annual rainfall is 41.2 inches with about 38.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Palos Park, IL is covered by 1 ZIP code: 60464.
The population of Palos Park, Illinois is 4,836 with a median age of 59.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Palos Park: cost of living index 103 (100 = US average), median home $445,200, median household income $128,370, crime index 101 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Palos Park side by side with your current city to see the trade-offs.