Palo, MI population, income and ZIP codes

Palo CDP is a very small community in Michigan, with 409 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #573 of 745 ranked by population — larger than 23% of them. The median age here is 26.1 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Palo CDP earn a median of $34,403 a year, 56.2% below the national figure of $78,538 and 44% below the $61,715 median for the 438 Michigan cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 18.3% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Palo CDP is valued at $92,600, 69.5% below the national figure and 44% below the $166,100 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 2.7×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 85.7% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. 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.

A median age of 26.1 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address. With 409 residents, a handful of survey responses moves every median on this page. Compare Palo CDP against its county rather than against national figures.

The Census withheld gross rent for Palo CDP because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.