Most Expensive Palatine Neighborhoods
Palatine is a larger medium-sized village located in the state of Illinois. With a population of 69,387 people and 12 constituent neighborhoods, Palatine is the 18th largest community in Illinois.
Palatine real estate is some of the most expensive in Illinois, although Palatine house values don't compare to the most expensive real estate in the U.S.
Palatine is a decidedly white-collar village, with fully 85.70% of the workforce employed in white-collar jobs, well above the national average. Overall, Palatine is a village of sales and office workers, professionals and managers. There are especially a lot of people living in Palatine who work in office and administrative support (13.60%), sales jobs (12.82%) and management occupations (12.49%).
Also of interest is that Palatine has more people living here who work in computers and math than 95% of the places in the US.
Like elsewhere in America, most people in Palatine use a private automobile to get to work. But notably, a substantial number of Palatine‘s citizens do make use of public transit in their daily commute, primarily riding the train. This helps more people get to work with less air pollution, and require fewer highways to get them there.
The education level of Palatine ranks among the highest in the nation. Of the 25-and-older adult population in Palatine, 48.46% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Palatine in 2010 was $35,904, which is wealthy relative to Illinois and the nation. This equates to an annual income of $143,616 for a family of four. However, Palatine contains both very wealthy and poor people as well.
Palatine is a very ethnically-diverse village. The people who call Palatine home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Palatine residents report their race to be White, followed by Asian. Palatine also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.14% of the village’s residents. Important ancestries of people in Palatine include German, Irish, Polish, Italian, English and Swedish.
Foreign born people are also an important part of Palatine's cultural character, accounting for 25.17% of the village’s population.
The most common language spoken in Palatine is English. Other important languages spoken here include Spanish and Polish.
|NUMBER OF HOMES AND APARTMENTS||26,163|
|PALATINE HOME OWNERSHIP|
|% OWNER OCCUPIED||68.34%|
|% RENTER OCCUPIED||31.66%|
|TYPE OF PALATINE HOMES|
|SINGLE FAMILY DETACHED||41.98%|
|ROWHOUSES AND ATTACHED HOMES||15.55%|
|SMALL APARTMENT BUILDINGS||6.88%|
|COMPLEXES OR HIGH RISE APARTMENTS||35.48%|
|SIZE OF PALATINE HOMES|
|5 OR MORE BEDROOMS||4.40%|
|AGE OF PALATINE HOMES|
|NEWER HOMES (2000 OR LATER)||8.78%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||61.04%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||26.87%|
|HISTORIC (1939 OR BEFORE)||3.31%|
|PALATINE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$302,242|
|MEDIAN RENTAL PRICE||$1,251|
|HOME VALUE RANGE|
|$0 - $54,000||3.63%|
|$54,001 - $109,000||6.69%|
|$109,001 - $218,000||21.84%|
|$218,001 - $327,000||26.81%|
|$327,001 - $435,000||20.77%|
|$435,001 - $544,000||9.98%|
|$544,001 - $816,000||9.52%|
|$816,001 - $1,088,000||0.73%|
|PEOPLE OF PALATINE||DETAILS|
|UNDER 5 YEARS||6.60%|
|5 TO 17||18.23%|
|18 TO 24||6.89%|
|25 TO 34||14.73%|
|35 TO 54||30.28%|
|55 TO 64||11.93%|
|65 YEARS AND OVER||11.34%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||91.31%|
|MEDIAN HOUSEHOLD INCOME||$72,180|
|PER CAPITA INCOME||$35,904|
|INDIVIDUALS BELOW POVERTY LEVEL||9.67%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (13.31%)
Professional, scientific, and technical services (8.63%)
Information Technology (2.84%)
|BLACK OR AFRICAN AMERICAN||3.29%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.07%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.06%|
|SOME OTHER RACE ALONE||7.35%|
|TWO OR MORE RACES||2.35%|
|HISPANIC OR LATINO (OF ANY RACE)||17.14%|
|ETHNICITIES PRESENT||German (19.41%)
|LANGUAGES SPOKEN||English (65.23%)
Other Asian languages (1.55%)
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