Palos Park 79 Exceptional
Palos Park Livability #107 ranked city in Illinois#2,000 ranked city in the USARanks better than 93% of areas

Pros and Cons of Living in Palos Park

PROS
  • Commute

    An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.

  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Schools

    The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.

CONS
  • Amenities

    The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.

  • Cost Of Living

    Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.

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What's it like Living in Palos Park?

Located in the state of Illinois, Palos Park is a smaller city with a population of 4,779 inhabitants. According to the most recent Census, 92% of Palos Park residents are White, 1% Black and 1% Asian. The Palos Park population appears to be aging at a faster rate than normal. The median age is currently 59, which is on the high side when compared to most other cities. If finding a family friendly city is important to you, look no further. With more than 78% of the population considered married and 28% with kids under the age of 18, Palos Park could be considered a very suitable city for families. Something to be aware of when living in Palos Park are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 32 minutes, this comes in much higher than the national average of 26 minutes.

Living in Palos Park can be a positive experience for anyone moving to the city. Having said that, in the state of Illinois, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, commute, housing, you can easily compare the best places to live in Palos Park and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Palos Park to Illinois and the national average.

Palos Park has a livability score of 79 out of 100 and is ranked #86 in Illinois and #1,631 in the USA. Based on this score, Palos Park would be considered a very livable city! The cherry on top is that Palos Park also ranks in the top 10 percent of all cities. If we dig a little deeper into each category within the livability score, we see that Palos Park has higher than average scores for the following: crime (A+), education (A-) and housing (A+). On a more negative note, Palos Park does not have favorable ranks for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.

Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Palos Park shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 0 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.

Unemployment rates can range pretty dramatically from one city to another. Knowing that Palos Park has an unemployment rate of 1.18% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Palos Park apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Palos Park is real estate affordability. The median home price for Palos Park homes is $383,900, which is 119.6% higher than the Illinois average. If we take a closer look at the affordability of homes in Palos Park, we’ll see that the home price to income ratio is 3.4, which is 13.3% higher than the Illinois average.

Best Places to Live in and Around Palos Park

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How Do You Rate The Livability In Palos Park?

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Compare Palos Park, IL Livability

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      Palos Park transportation information

      Statistic Palos Park Illinois National
      Average one way commute32min29min26min
      Workers who drive to work76.2%73.4%76.4%
      Workers who carpool4.9%8.3%9.3%
      Workers who take public transit7.0%9.2%5.1%
      Workers who bicycle0.0%0.6%0.6%
      Workers who walk2.0%3.1%2.8%
      Working from home7.3%4.4%4.6%
      Source: The Palos Park, IL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).