Palo is a very small city located in the state of Iowa. With a population of 1,044 people and just one neighborhood, Palo is the 260th largest community in Iowa. Palo has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Palo, where the median household income is $71,625.
Real Estate Prices
Palo real estate is some of the most expensive in Iowa, although Palo house values don't compare to the most expensive real estate in the U.S.
Occupations and Workforce
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Palo is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Palo is a city of sales and office workers, managers and construction workers and builders. There are especially a lot of people living in Palo who work in office and administrative support (18.01%), sales jobs (12.22%) and management occupations (10.97%).
Also of interest is that Palo has more people living here who work in computers and math than 95% of the places in the US.
Setting & Lifestyle
Because of many things, Palo is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Palo really has some of the features that families look for when choosing a good community to raise children. Is Palo perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Palo is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.