Palo, IA Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in Palo, IA

Get Access to 300+ Local Data Points

A+

21%

Income/capita NAT. AVG.

51%

Household income NAT. AVG.

49%

Unemployment NAT. AVG.

Index	Palo	Iowa	National
Income per capita	$54,111	$42,672	$44,883
Median household income	$122,617	$81,387	$81,333
Median income owner occupied	$128,675	$98,724	$106,172
Median income renter occupied	$75,620	$45,890	$52,080
Median earnings male	$75,480	$54,047	$54,343
Median earnings female	$61,785	$36,462	$38,439
Unemployment rate	2.5%	3.2%	4.9%
Poverty level	10.1%	12.3%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Homes For Sale In Palo, IA

247 Hackberry Dr

Palo, IA

4595 Meadow Creek Dr

Palo, IA

225 Sumac Dr

Palo, IA

7408 Country Ridge DR NW

Cedar Rapids, IA

See the Newest Homes For Sale In Palo, IA

Key findings

The income per capita in Palo is 21% higher than the national average
The median household income in Palo is 51% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Palo is 49% lower than the national average
The poverty level in Palo is 33% lower than the national average

Compare Palo, IA Employment

Best Places for Employment in and Around Palo

See all the best places to live around Palo

Write a review to give others more information about this area.

See all Palo poll results

am i middle class

$81,736 $122,617 $245,234

City

$54,252 $81,387 $162,774

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

The best places in Iowa

Here are the best places to live in Iowa

These are the largest cities in Iowa

Safest States In The US

Check out the 10 most dangerous cities in Iowa

Palo median earnings by income bracket

Palo employment by industry

Labour Type	Male	Female
Construction industry	31.8%	31.8%
Manufacturing sector	25.1%	25.1%
Financial & insurance services	2.1%	2.1%
Wholesale & retail services	7.0%	7.0%
Public administration	4.9%	4.9%
Transportation, warehousing & utilities	10.4%	10.4%
Education, health & social services	6.7%	6.7%
Other	11.6%	11.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Robins, IA	3,584	$198,760	144.4%
Walford, IA	1,368	$162,003	99.2%
Fairfax, IA	2,871	$156,832	92.8%
Atkins, IA	2,137	$148,500	82.6%
Ely, IA	2,272	$141,486	74.0%
Palo, IA	1,025	$122,617	50.8%

Cities with similar population

City	Population	Household Income	National Avg.
Fair Haven, NY	1,025	$97,121	19.4%
Philmont, NY	1,025	$76,872	5.5%
Falls City, TX	1,025	$106,836	31.4%
Mertzon, TX	1,025	$82,418	1.3%
Saint-Janvier-de-Joly, QC	1,025	n/a
Palo, IA	1,025	$122,617	50.8%

Source: The Palo, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.