What is the population of Palatine village?

Palatine village has 66,548 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #18 of 1,462 in Illinois.

What is the median household income in Palatine village?

Median household income in Palatine village is $95,950 a year, 22.2% above the national figure of $78,538.

How much does it cost to rent or buy in Palatine village?

Median gross rent is $1,467 a month and the median home value is $347,900, so rent absorbs about 18.3% of median household income.

Is Palatine village affordable compared with the rest of the US?

Homes cost about 3.6× the local median income here versus roughly 3.9× nationally, so Palatine village is more affordable to buy in than the typical US market, and rent takes 18.3% of median income against the 30% cost-burden line.

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Illinois · Census place 57225

Palatine, IL population, income and ZIP codes

Quick answer

The population of the city of Palatine, Illinois (Palatine, IL — Census place “Palatine village”) is 66,548 residents, ranking #18 of 1462 places in Illinois. Median household income is $95,950, the median home is worth $347,900 and median gross rent runs $1,467 a month. Looking for the Palatine Illinois ZIP code list? 2 ZIP codes serve Palatine, IL: 60067, 60074.

Population: 66,548Palatine village residents
Median household income: $95,950Past 12 months, inflation adjusted
Median home value: $347,900Owner-occupied units
Median gross rent: $1,467Rent plus utilities, monthly
Median age: 39.6 yrsAll residents
Homeownership rate: 67.2%Owner-occupied households

Palatine ZIP codes (Illinois)

Census ZCTAs whose delivery area overlaps Palatine.

The Palatine IL ZIP code list below covers 2 ZIP codes. Open any one for its population, income, housing and rent profile.

What the numbers mean in Palatine village

Housing cost measured against local earnings.

A household earning the Palatine village median would spend about 18.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.1% of residents and 67.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Palatine village, IL in context

How this area compares with national benchmarks.

Palatine village is a small city in Illinois, with 66,548 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #18 of 1,462 ranked by population — larger than 98% of them. The median age here is 39.6 years against 39.1 nationally, a slightly older profile than the country as a whole. At this size the Census also publishes one-year estimates; the five-year values used here are steadier and let you compare against smaller neighbours on the same basis.

Households in Palatine village earn a median of $95,950 a year, 22.2% above the national figure of $78,538 and 29% above the $74,244 median for the 698 Illinois cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 10.1% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Palatine village is valued at $347,900, 14.7% above the national figure and 94% above the $179,100 peer median, while median gross rent runs $1,467 a month, 4.3% above the national figure, or roughly $17,604 across a full year. A household on the local median income would put about 18.3% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.6×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 67.2% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Illinois.

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Frequently asked questions

Common questions about this area.

What is the population of Palatine village?: Palatine village has 66,548 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #18 of 1,462 in Illinois.
What is the median household income in Palatine village?: Median household income in Palatine village is $95,950 a year, 22.2% above the national figure of $78,538.
How much does it cost to rent or buy in Palatine village?: Median gross rent is $1,467 a month and the median home value is $347,900, so rent absorbs about 18.3% of median household income.
Is Palatine village affordable compared with the rest of the US?: Homes cost about 3.6× the local median income here versus roughly 3.9× nationally, so Palatine village is more affordable to buy in than the typical US market, and rent takes 18.3% of median income against the 30% cost-burden line.
How current is this Palatine village data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this size the Census also publishes one-year estimates; the five-year values used here are steadier and let you compare against smaller neighbours on the same basis.