Palo, Iowa Unemployment

Palo, Iowa has a population of 1,229, with a median household income of $58,200.

Current unemployment data for Palo.

3.10%

👥

Population

1,229

💰

Median Income

$58,200

📉

Unemployment

3.10%

🏠

Housing Price

$191,400

🚨

Crime Rate

3.40

🌐

Internet Speed

208.00 Mbps

Palo is a small local community located in Iowa. The city has a population that is below the average city population in Iowa, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Palo, located in Iowa, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Palo has a population of 1,229, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Palo is $58,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Palo is about $191,400, making it relatively affordable compared to many cities in Iowa.

Employment and Safety

The unemployment rate in Palo is 3.10%, which is lower than the state average, indicating a relatively strong job market. Palo has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Iowa, Palo shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Iowa, Palo contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Palo

What is the population of Palo?

The population of Palo is approximately 1,229.

Is Palo a good place to live?

Palo offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Palo?

The median household income in Palo is around $58,200.

How expensive is housing in Palo?

The average housing price in Palo is approximately $191,400.