Living in Palos Heights, Illinois
Cost of living, income, home prices, rent and demographics of Palos Heights · Census data 2020–2024
Palos Heights has 12,152 residents with a median age of 50.2. The median household income is $108,740 (30% higher than the Illinois median), the median home value is $367,100, the median rent is $2,558/month.
Palos Heights at a glance
- Population
- 12,152
- Median age
- 50.2State: 39
- Median household income
- $108,740State: $83,390
- Median home value
- $367,100State: $263,300
- Median rent
- $2,558/moState: $1,274
- Homeowners
- 93.4%
- Bachelor's degree or higher
- 43.6%
- Average commute
- 30 min
Is Palos Heights a good place to live?
Pros: Median household income 30% higher than the Illinois median; unemployment of 3.6%; a poverty rate of 5.2%.
Cons: Home values 39% higher than the state median; an average commute of 30 minutes.
The weather is best in June to September.
Cost of living in Palos Heights
Housing is the biggest part of the cost of living. In Palos Heights the median home value is $367,100, 10% higher than the U.S. median. Renters pay a median of $2,558 per month, which is 51% of household income. Homeowners with a mortgage pay $2,576 a month in housing costs.
Palos Heights median household income
The median household income in Palos Heights is $108,740 and the income per person is $57,205. 5.2% of residents live below the poverty line (Illinois: 11.8%).
Housing in Palos Heights: homes for sale and rent
- Housing units
- 5,043
- Owner-occupied
- 93.4%
- Renter-occupied
- 6.6%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.44
Palos Heights demographics
- Population
- 12,152
- Median age
- 50.2
- Under 18
- 18.9%
- 65 and older
- 32.3%
- Households
- 4,779
- Foreign-born
- 8.5%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Palos Heights ›
Education in Palos Heights
43.6% of adults 25 and older in Palos Heights have a bachelor's degree or higher (Illinois: 37.8%), and 18.9% have a graduate or professional degree.
Jobs and commute in Palos Heights
- Unemployment rate
- 3.6%State: 5.8%
- Average commute
- 30 minState: 28 min
- Work from home
- 14.3%
- Drive alone
- 73.6%
- Public transit
- 3.7%
- Walk to work
- 1.8%
- Homes with broadband
- 94.1%
Palos Heights vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palos Heights | 12,152 | $108,740 | $367,100 | $2,558 |
| Worth | 10,700 | $56,288 | $215,000 | $1,169 |
| Chicago Ridge | 14,099 | $68,964 | $226,900 | $1,304 |
| Palos Park | 4,816 | $121,696 | $464,700 | — |
| Alsip | 18,583 | $66,585 | $225,000 | $1,140 |
| Crestwood | 10,579 | $75,752 | $195,200 | $1,334 |
| Palos Hills | 18,081 | $83,533 | $279,200 | $1,269 |
| Oak Lawn | 56,861 | $83,911 | $281,200 | $1,335 |
| Oak Forest | 26,805 | $91,990 | $255,100 | $1,328 |
More for people moving to Palos Heights
Palos Heights ZIP code ›Weather and climate ›Living in Palos Heights: FAQ
What is the median household income in Palos Heights, IL?
The median household income in Palos Heights is $108,740, 30% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Palos Heights?
The median home value in Palos Heights is $367,100, compared with $263,300 in Illinois.
How much is rent in Palos Heights?
The median gross rent in Palos Heights is $2,558 per month, about 51% of household income.
Is Palos Heights, IL a good place to live?
Pluses: median household income 30% higher than the Illinois median; unemployment of 3.6%; a poverty rate of 5.2%. Minuses: home values 39% higher than the state median; an average commute of 30 minutes.
What is the median age in Palos Heights?
The median age in Palos Heights is 50.2 years (Illinois: 39).
How long is the commute in Palos Heights?
The average commute to work in Palos Heights is 30 minutes; 14.3% of workers work from home.
What is the unemployment rate in Palos Heights?
The unemployment rate in Palos Heights is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palos Heights?
43.6% of adults in Palos Heights have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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