Palo employment information

IndexPaloIowaNational
Income per capita$26,319$28,872$29,829
Median household income$68,125$54,570$55,322
Median income owner occupied$75,673$66,527$70,586
Median income renter occupied$28,854$30,828$35,192
Median earnings male$42,500$37,409$36,919
Median earnings female$33,750$25,115$26,250
Unemployment rate2.2%3.1%4.7%
Poverty level5.3%12.3%15.1%
The Palo, IA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Palo is $26,319, which is 9% lower than than the Iowa average and 12% lower than than the national average. The median household income is $68,125, which is 25% higher than than the Iowa average and 23% higher than than the national average. The unemployment rate in Palo is 2%, which is 53% lower than than the national average. The poverty rate in Palo is 5% which is 65% lower than than the national average.

am i middle class

$Input your household income
$45,412$68,125$136,250
City
$36,376$54,570$109,140
State
$36,877$55,322$110,644
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.

Did you know?

  • The income per capita in Palo is 12% lower than the national average.
  • The median household income in Palo is 23% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Palo is 53% lower than the national average.
  • The poverty level in Palo is 65% lower than the national average.

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Compare Palo, IA Employment To Other Cities

Employment status

Hours worked per week

Palo median earnings by income bracket

Palo employment by industry

Labour TypeMaleFemale
Construction industry28.0%0.0%
Manufacturing sector17.9%0.0%
Financial & insurance services7.1%10.3%
Wholesale & retail services20.3%23.8%
Public administration3.7%3.2%
Transportation, warehousing & utilities4.4%5.3%
Education, health & social services5.7%27.4%
Other12.2%14.6%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Robins, IA3,434$119,583116%
Walford, IA1,428$96,52874%
Ely, IA2,133$95,80473%
Fairfax, IA2,418$91,96466%
Bertram, IA341$88,95861%
Palo, IA1,036$68,12523%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Gore, OK1,036$39,60928%
Cecilton, MD1,036$33,79839%
Lucama, NC1,036$35,33736%
Kenesaw, NE1,036$59,0637%
St. Michaels, MD1,035$46,12517%
Palo, IA1,036$68,12523%
Source: The Palo, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).