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Income/capita 12%
Household income 23%
Unemployment 53%
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%

Key findings

  • 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

Best Places for Employment in and Around Palo

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Compare Palo, IA Employment

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      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.

      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.
      Lucama, NC1,036$35,33736%
      Kenesaw, NE1,036$59,0637%
      Gore, OK1,036$39,60928%
      Cecilton, MD1,036$33,79839%
      Red Lick, TX1,037$64,37516%
      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).