What is the median household income in Palos Hills, IL?
The median household income in Palos Hills, IL is $83,533 (±$7,909) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,269 a month would take about $50,800 a year at the common guideline of spending no more than 30% of income on rent.
In Palos Hills, the median household income went from $61,143 in 2015–2019 to $83,533 in 2020–2024 (+36.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $83,533 (±$7,909)
- Median renter income
- $43,227 (±$17,208)
- Income to afford median rent
- about $50,800
Income in Palos Hills against Cook County, its state and the nation
| Palos Hills | Cook County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $83,533 (±$7,909) | $83,498 (±$630) | $83,390 (±$362) | $80,734 |
| Median renter household income | $43,227 (±$17,208) | $55,388 (±$886) | $50,420 (±$471) | $52,966 |
| Median owner household income | $93,358 (±$10,030) | $108,804 (±$833) | $103,505 (±$377) | $100,009 |
| Median gross rent | $1,269 (±$249) | $1,435 (±$7) | $1,274 (±$5) | $1,413 |
In Palos Hills, median household income is not measurably different from Cook County ($83,498).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In Cook County, Palos Hills ranks 79 of 148 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 959 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Palos Hills
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,269 a month ($15,228 a year) needs an income of about $50,800 a year.
The median renting household in Palos Hills earns $43,227 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $61,143 (±$5,575) | $83,533 (±$7,909) | +36.6% | No measurable change after inflation |
| Median gross rent | $1,035 (±$65) | $1,269 (±$249) | +22.6% | No measurable change after inflation |
| Median home value | $203,800 (±$11,017) | $279,200 (±$27,775) | +37.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Palos Hills
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Palos Hills | — | $83,533 (±$7,909) | — |
| Palos Township | 1.6 mi | $86,101 (±$5,071) | Not measurably different |
| Hickory Hills | 1.7 mi | $77,262 (±$14,599) | Not measurably different |
| Worth | 1.9 mi | $56,288 (±$8,305) | Lower |
| Chicago Ridge | 2.4 mi | $68,964 (±$9,579) | Lower |
| Palos Park | 2.4 mi | $121,696 (±$15,777) | Higher |
| Bridgeview | 2.9 mi | $66,655 (±$8,224) | Lower |
| Palos Heights | 3.0 mi | $108,740 (±$10,164) | Higher |
| Justice | 3.6 mi | $57,170 (±$14,210) | Lower |
Nearby places with a measurably lower figure: Worth, IL ($56,288), Chicago Ridge, IL ($68,964), Bridgeview, IL ($66,655).
Nearby places with a measurably higher figure: Palos Park, IL ($121,696), Palos Heights, IL ($108,740).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Cook County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 73 | Lynwood | $85,237 (±$22,016) |
| 74 | Wheeling | $85,205 (±$3,711) |
| 75 | Prospect Heights | $85,008 (±$9,056) |
| 76 | Oak Lawn | $83,911 (±$4,762) |
| 77 | Northlake | $83,892 (±$12,311) |
| 78 | Rich Township | $83,848 (±$4,423) |
| 79 | Palos Hills | $83,533 (±$7,909) |
| 80 | Proviso Township | $82,097 (±$2,821) |
| 81 | Harwood Heights | $81,086 (±$9,923) |
| 82 | Countryside | $80,968 (±$7,115) |
| 83 | Burbank | $80,116 (±$9,695) |
| 84 | Leyden Township | $79,935 (±$4,768) |
| 85 | Bellwood | $79,513 (±$10,116) |
Showing 13 of 148 places in Cook County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Palos Hills
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Palos Hills beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Palos Hills, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Palos Hills, and send estimates and invoices from your phone.
Questions about Palos Hills
What is the median household income in Palos Hills?
The median household income in Palos Hills is $83,533 (±$7,909) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Palos Hills?
About $50,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,269 a month.
Have incomes in Palos Hills kept up with inflation?
In Palos Hills, the median household income went from $61,143 in 2015–2019 to $83,533 in 2020–2024 (+36.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Palos Hills?
The median renting household in Palos Hills, IL earns $43,227 (±$17,208) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Palos Hills city, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Palos Hills city, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palos Hills city, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Palos Hills city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palos Hills city, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Palos Hills city, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Palos Hills city, Illinois (place:57394, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Palos Hills at a glance
- Median rent in Palos Hills
- Rent by bedrooms in Palos Hills
- Rent burden in Palos Hills
- Renters and owners in Palos Hills
- Home values in Palos Hills
- Homeowner costs in Palos Hills
- Property taxes in Palos Hills
- Types of homes in Palos Hills
- Bedrooms in Palos Hills
- Age of homes in Palos Hills
- Heating fuel in Palos Hills
- Commute and cars in Palos Hills
- Crime reported to police in Palos Hills
- Population growth in Palos Hills
- How long people stay in Palos Hills
- Crowding and facilities in Palos Hills
- Fair Market Rent in Palos Hills
- Illinois landlord and tenant rules
- Housing across Cook County
- Illinois places ranked by median household income
- Housing data for every place in Illinois