Living in Palco, Kansas
Cost of living, income, home prices, rent and demographics of Palco · Census data 2020–2024
Palco has 197 residents with a median age of 41.8. The median household income is $60,625 (18% lower than the Kansas median), the median home value is $75,500, the median rent is $517/month.
Palco is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Palco at a glance
- Population
- 197
- Median age
- 41.8State: 37.4
- Median household income
- $60,625State: $74,275
- Median home value
- $75,500State: $217,200
- Median rent
- $517/moState: $1,060
- Homeowners
- 77.4%
- Bachelor's degree or higher
- 17.7%
- Average commute
- 15 min
Is Palco a good place to live?
Pros: Home values 65% lower than the state median; an average commute of 15 minutes; a poverty rate of 4.6%.
Cons: Median household income 18% lower than the Kansas median.
The weather is best in May–June and September–October.
Cost of living in Palco
Housing is the biggest part of the cost of living. In Palco the median home value is $75,500, 77% lower than the U.S. median. Renters pay a median of $517 per month, which is 26.3% of household income. Homeowners with a mortgage pay $1,060 a month in housing costs.
Palco median household income
The median household income in Palco is $60,625 and the income per person is $32,393. 4.6% of residents live below the poverty line (Kansas: 11.3%).
Housing in Palco: homes for sale and rent
- Housing units
- 123
- Owner-occupied
- 77.4%
- Renter-occupied
- 22.6%
- Vacant
- 31.7%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.35
31.7% of homes are vacant most of the year, a sign that Palco has many vacation and second homes.
Palco demographics
- Population
- 197
- Median age
- 41.8
- Under 18
- 27.4%
- 65 and older
- 32.5%
- Households
- 84
- Foreign-born
- 0%
- Veterans
- 9.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Palco ›
Education in Palco
17.7% of adults 25 and older in Palco have a bachelor's degree or higher (Kansas: 35.6%), and 9.9% have a graduate or professional degree.
Jobs and commute in Palco
- Unemployment rate
- 0%State: 3.9%
- Average commute
- 15 minState: 20 min
- Work from home
- 2.8%
- Drive alone
- 94.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.9%
Palco vs nearby towns
More for people moving to Palco
Palco ZIP code ›Weather and climate ›Living in Palco: FAQ
What is the median household income in Palco, KS?
The median household income in Palco is $60,625, 18% lower than the Kansas median of $74,275 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Palco?
The median home value in Palco is $75,500, compared with $217,200 in Kansas.
How much is rent in Palco?
The median gross rent in Palco is $517 per month, about 26.3% of household income.
Is Palco, KS a good place to live?
Pluses: home values 65% lower than the state median; an average commute of 15 minutes; a poverty rate of 4.6%. Minuses: median household income 18% lower than the Kansas median.
What is the median age in Palco?
The median age in Palco is 41.8 years (Kansas: 37.4).
How long is the commute in Palco?
The average commute to work in Palco is 15 minutes; 2.8% of workers work from home.
What is the unemployment rate in Palco?
The unemployment rate in Palco is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palco?
17.7% of adults in Palco 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.
Last updated: