Map of Palos Park real estate information by neighborhood

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Median House Value:

Palos Park, IL real estate and demographic information

Most Expensive Palos Park Neighborhoods

NAME
1 Town Center
2 Southmoor

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Palos Park zip codes60464, 60463, 60462

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REAL ESTATE IN POPULAR Palos Park NEIGHBORHOODS Town Center, Southmoor

POPULAR REAL ESTATE NEAR Palos Park, IL Chicago, Country Club Hills, Darien, Hinsdale, La Grange, Orland Park, Palos Heights, Western Springs, Westmont, Willow Springs

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POPULATION
9,305

Palos Park, IL Information

PALOS PARK INFORMATION DETAILS
POPULATION 9,305
NUMBER OF HOMES AND APARTMENTS 2,960
PALOS PARK HOME OWNERSHIP
% OWNER OCCUPIED 96.05%
% RENTER OCCUPIED 2.20%
% VACANT 1.75%
TYPE OF PALOS PARK HOMES
SINGLE FAMILY DETACHED 75.57%
ROWHOUSES AND ATTACHED HOMES 17.97%
SMALL APARTMENT BUILDINGS 5.17%
COMPLEXES OR HIGH RISE APARTMENTS 0.95%
MOBILE HOMES 0.34%
OTHER 0.00%
SIZE OF PALOS PARK HOMES
NO BEDROOM 0.27%
1 BEDROOM 0.20%
2 BEDROOMS 12.60%
3 BEDROOMS 51.22%
4 BEDROOMS 29.32%
5 OR MORE BEDROOMS 6.39%
AGE OF HOMES
NEWER HOMES (1995 OR LATER) 6.89%
ESTABLISHED, BUT NOT OLD HOMES (1970-1994) 45.88%
WELL-ESTABLISHED, OLD HOMES (1940-1969) 40.20%
HISTORIC (1939 OR BEFORE) 7.03%


PALOS PARK REAL ESTATE INFORMATION DETAILS
MEDIAN HOME VALUE $451,731
MEDIAN RENTAL PRICE $985
HOME VALUE RANGE
$0-$91,000 0.21%
$91,001-$184,000 0.81%
$184,001-$368,000 23.64%
$368,001-$551,000 46.08%
$551,001-$736,000 16.36%
$736,001-$920,000 8.30%
$920,001-$1,380,000 3.97%
$1,380,001-$1,840,000 0.63%
> $1,840,000 0.00%


PEOPLE OF Palos Park DETAILS
POPULATION DISTRIBUTION
UNDER 5 YEARS 3.48%
5 TO 17 18.75%
18 TO 24 6.47%
25 TO 34 5.29%
35 TO 54 31.90%
55 TO 64 13.00%
65 YEARS AND OVER 21.11%
EDUCATIONAL ATTAINMENT OF ADULTS
HIGH SCHOOL GRADUATES 91.30%
COLLEGE GRADUATES 40.49%
MEDIAN HOUSEHOLD INCOME $76,846
PER CAPITA INCOME $36,543
INDIVIDUALS BELOW POVERTY LEVEL 3.47%
INDUSTRIES PEOPLE WORK IN Healthcare (15.14%), Manufacturing (11.33%), Retail (11.24%), Education (9.45%), Professional, scientific, and technical services (8.70%), Finance (8.09%), Construction (6.93%), Other (6.93%), Wholesale (5.46%), Accomodation (3.40%), Public Service (2.75%), Real Estate (2.64%), Transportation (2.31%)
ATTENDING COLLEGE 5.95%
RACIAL MAKEUP
WHITE 94.90%
BLACK OR AFRICAN AMERICAN 0.46%
AMERICAN INDIAN AND ALASKA NATIVE 0.09%
ASIAN 3.15%
NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDER 0.00%
SOME OTHER RACE ALONE 0.03%
TWO OR MORE RACES 1.38%
HISPANIC OR LATINO (OF ANY RACE) 1.17%
ETHNICITIES PRESENT Irish (15.36%), German (13.17%), Polish (12.84%), Unclassified (11.17%), Italian (9.43%), Other Groups (4.80%), English (4.33%), Greek (4.22%), Czech (2.82%), Dutch (2.57%), Lithuanian (2.41%), Swedish (2.30%)
FOREIGN BORN 9.83%
LANGUAGES SPOKEN English (81.32%) , Greek (2.91%)
About Palos Park

Palos Park is a somewhat small town located in the state of Illinois. With a population of 9,305 people and two constituent neighborhoods, Palos Park is the 221st largest community in Illinois.

Palos Park is a decidedly white-collar town, with fully 86.75% of the workforce employed in white-collar jobs, well above the national average. Overall, Palos Park is a town of sales and office workers, professionals, and managers. There are especially a lot of people living in Palos Park who work in sales jobs (15.74%), management occupations (15.49%), and office and administrative support jobs (13.71%).

In addition, Palos Park is home to many people who could be described as "urban sophisticates." Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness.' But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.

Because of many things, Palos Park is a great place for families with children to consider. First of all, many other families with children live here, making Palos Park a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town's good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Palos Park has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Palos Park's overall crime rate is lower than average for the country.

In Palos Park, however, the average commute to work is quite long. On average, people spend 34.26 minutes each day getting to work, which is significantly higher than the national average.

Being a small town, Palos Park does not have a public transit system used by locals to get to and from work.

Palos Park Information and Demographics

The education level of Palos Park citizens is very high relative to the national average among all cities (14.96%): 40.49% of adults in Palos Park have a bachelor's degree or even advanced degree.

The per capita income in Palos Park in 2000 was $36,543, which is wealthy relative to Illinois and the nation. This equates to an annual income of $146,172 for a family of four. However, Palos Park contains both very wealthy and poor people as well.

The people who call Palos Park home come from a variety of different races and ancestries. The most prevalent race in Palos Park is White, followed by Asian. Important ancestries of people in Palos Park include Irish, German, Polish, Italian, English, Greek, Czech, Dutch, Lithuanian, and Swedish.

The most common language spoken in Palos Park is English. Some people also speak Greek.

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