Palos Park employment information

IndexPalos ParkIllinoisNational
Income per capita$44,173$31,502$29,829
Median household income$77,304$59,196$55,322
Median income owner occupied$84,297$75,354$70,586
Median income renter occupied$16,765$34,488$35,192
Median earnings male$46,705$40,474$36,919
Median earnings female$39,894$27,197$26,250
Unemployment rate2.3%5.3%4.7%
Poverty level4.2%14.0%15.1%
The Palos Park, IL 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 Palos Park is $44,173, which is 40% higher than than the Illinois average and 48% higher than than the national average. The median household income is $77,304, which is 31% higher than than the Illinois average and 40% higher than than the national average. The unemployment rate in Palos Park is 2%, which is 51% lower than than the national average. The poverty rate in Palos Park is 4% which is 72% lower than than the national average.

am i middle class

$Input your household income
$51,530$77,304$154,608
City
$39,460$59,196$118,392
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 Palos Park is 48% higher than the national average.
  • The median household income in Palos Park is 40% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Palos Park is 51% lower than the national average.
  • The poverty level in Palos Park is 72% lower than the national average.

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Compare Palos Park, IL Employment To Other Cities

Employment status

Hours worked per week

Palos Park median earnings by income bracket

Palos Park employment by industry

Labour TypeMaleFemale
Construction industry9.6%0.0%
Manufacturing sector13.4%0.0%
Financial & insurance services10.2%7.7%
Wholesale & retail services13.5%12.5%
Public administration3.6%1.5%
Transportation, warehousing & utilities9.3%3.3%
Education, health & social services12.8%31.2%
Other26.2%31.7%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Hinsdale, IL17,438$173,558214%
Western Springs, IL13,133$147,361166%
Oak Brook, IL7,988$144,286161%
Burr Ridge, IL10,736$126,771129%
Frankfort, IL18,415$113,250105%
Palos Park, IL4,934$77,30440%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Stone Park, IL4,936$40,71726%
Hockinson, WA4,936$81,08047%
Shenandoah, PA4,931$23,71057%
Laureles, TX4,931$23,78757%
Salem, NJ4,931$26,41952%
Palos Park, IL4,934$77,30440%
Source: The Palos Park, IL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).