Palatine, Illinois

Moving to or Living in Palatine Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Palatine, Illinois
Moving to Palatine In Illinois ? Find out the best and worst about to live, raise a family or retire in Palatine, the Pros and Cons of Living in Palatine.

Explore the life in Palatine based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Palatine
  2. Pros and Cons of Living In Palatine
  3. Crime In Palatine
  4. Cost of Living In Palatine
  5. Gender In Palatine
  6. Household Income For Palatine
  7. Education In Palatine
  8. Race & Ethnicity In Palatine
About Palatine, Illinois
Is Palatine, Illinois a good place to live?
Palatine is a city in Illinois state in USA with a population of 67875 residents.. The poverty rate of Palatine is 9.9%, which is 29% lower than national average. The typical household in Palatine earns $83495 a year, compared to the national median of $67,500. Nearly 29% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Palatine, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Palatine remained 4.5%, which is 4% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Palatine, only 49% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Palatine is 117, which is 17% higher than national average. Median home value in Palatine is $286600 , which is 25% higher than national average. While median income in Palatine remained $83495, which is 24% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
67875
Unemployment
4.5%
4% NAT AVG.
Poverty
9.9%
29% NAT AVG.
Overall Score
9
Median Home
$286600
25% NAT AVG.
Median Income
$83495
24% NAT AVG.
Median Rent
$1236
7% NAT AVG.
Cost Of Living
117
17% NAT AVG.
People Living BPL
1 in 10
Unemployed People
1 in 22
People Earning < $10,000
1 in 36
People Earning < $50,000
29%
People with <= High School
1 in 3.8
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs80%

Housing85%

Affordability70%

Safety95%

Amenities95%

Diversity90%

Education80%

Commute50%


Cost of Living
Expense Palatine Illinois National Avg.
Services 114 95 100
Groceries 108 97 100
Health 99 99 100
Housing 139 96 100
Transportation 115 105 100
Utilities 93 94 100
Cost of Living
Gender
Gender Palatine Illinois Country
Female 52.3% 50.9% 50.8%
Male 47.7% 49.1% 49.2%
Gender

Household Income


Income Palatine Illinois Country
Less than $10,000 2.8% 6.1% 5.8%
$10,000 to $14,999 1.6% 3.7% 4.1%
$15,000 to $24,999 6.2% 8.1% 8.5%
$25,000 to $34,999 7.2% 8.1% 8.6%
$35,000 to $49,999 11.2% 11.2% 12.0%
$50,000 to $74,999 15.5% 16.7% 17.2%
$75,000 to $99,999 12.4% 12.9% 12.8%
$100,000 to $149,999 19.5% 16.6% 15.6%
$150,000 to $199,999 11.7% 7.8% 7.1%
$200,000 or more 11.9% 8.8% 8.3%
Education


Education Palatine Illinois Country
< 9th Grade 7% 5% 5.0%
9-12th Grade 3% 6% 7.0%
High School or GED 16% 26% 27.0%
Other College 18% 20% 20.0%
Associate's Degree 7% 8% 9%
Bachelor's Degree 31% 22% 20.0%
Master's Degree 15% 10% 9.0%
Professional Degree 2% 2% 2.0%
Doctorate Degree 1% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Palatine Illinois Country
White 63.1% 60.8% 60.1%
African American 3.1% 13.9% 12.2%
American Indian 0% 0.1% 0.6%
Asian 11.1% 5.5% 5.6%
Hawaiian 0% 0% 0.2%
Other 0.1% 0.2% 0.3%
Multiracial 1.9% 2.2% 2.8%
Hispanic 20.6% 17.2% 18.2%
Race / Ethnicity