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

Income, estimate (90% margin of error)
Palos HillsCook CountyIllinoisUnited 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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
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

Nearest places with a published estimate, compared with Palos Hills
PlaceDistanceMedian household incomeCompared with this place
Palos Hills—$83,533 (±$7,909)—
Palos Township1.6 mi$86,101 (±$5,071)Not measurably different
Hickory Hills1.7 mi$77,262 (±$14,599)Not measurably different
Worth1.9 mi$56,288 (±$8,305)Lower
Chicago Ridge2.4 mi$68,964 (±$9,579)Lower
Palos Park2.4 mi$121,696 (±$15,777)Higher
Bridgeview2.9 mi$66,655 (±$8,224)Lower
Palos Heights3.0 mi$108,740 (±$10,164)Higher
Justice3.6 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

RankPlaceMedian household income
73Lynwood$85,237 (±$22,016)
74Wheeling$85,205 (±$3,711)
75Prospect Heights$85,008 (±$9,056)
76Oak Lawn$83,911 (±$4,762)
77Northlake$83,892 (±$12,311)
78Rich Township$83,848 (±$4,423)
79Palos Hills$83,533 (±$7,909)
80Proviso Township$82,097 (±$2,821)
81Harwood Heights$81,086 (±$9,923)
82Countryside$80,968 (±$7,115)
83Burbank$80,116 (±$9,695)
84Leyden Township$79,935 (±$4,768)
85Bellwood$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.

Join as a pro · Find a pro

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

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.

Request a Census API 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