Palo, IA Profile: Facts & Data

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Palo, Iowa - Basic Facts

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The City of Palo had a population of 1,105 as of July 1, 2018.

The primary coordinate point for Palo is located at latitude 42.0642 and longitude -91.7993 in Linn County. The formal boundaries for the City of Palo (see map below) encompass a land area of 1.23 sq. miles and a water area of 0 sq. miles. Linn County is in the Central time zone (GMT -6). The elevation is 745 feet.

The City of Palo (GNIS ID: 2396132) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Palo is located within Township of Fayette, a minor civil division (MCD) of Linn County.

Beneath the boundary map are tables with Palo population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2018.


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Palo, IA Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 1,105
Population in Households 1,105
Population in Familes 1,014
Population in Group Qrtrs 0
Population Density1 900
Diversity Index2 13
 

INCOME

Median Household Income $98,878
Average Household Income $112,245
Per Capita Income $37,336

HOUSING

Total Housing Units 392 (100%)
Owner Occupied HU 373 (95.2%)
Renter Occupied HU 19 ( 4.8%)
Vacant Housing Units 0
Median Home Value $231,028
Average Home Value $250,804
 

HOUSEHOLDS

Total Households 392
Average Household Size 2.82
Family Households 337
Average Family Size 3
NOTES
  1. Population Density = Total Population per square mile.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 1.85% 1.6%
Households 1.78% 1.58%
Families 2.59% 1.5%
Median Household Income   0.64%
Per Capita Income   1.55%

Palo, IA - Peer Comparisons by Rank and Percentile

The table below compares Palo to the other 1,009 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2018 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 267 74th
Population Density # 364 64th
Diversity Index # 336 67th
Median Household Income # 10 99th
Per Capita Income # 68 93rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.

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