Palatine village, Illinois Demographics & Population 2026

Population Overview

Palatine village is a mid-sized community located in Illinois. The total population is 66,548. It ranks as the 18th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Palatine village is 39.6 years. This is 2% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Palatine village is $95,950. This is 17% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 22% higher. The poverty rate stands at 10.1%. This is 14% lower than the state poverty rate of 11.7%. The unemployment rate is 4.4%. This is 25% lower than the state rate of 5.8%. The median home value is $347,900. Housing costs are 39% higher than the state median of $250,500. The home-value-to-income ratio is 3.6x. 67.2% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Palatine village is White (non-Hispanic), making up 59.7% of the population. Hispanic or Latino residents account for 19.3%. The Black or African American population (5.3%) is well below the state average of 13.6%. The Asian population is significantly higher than the state average (12.8% vs 5.8%).

Education

49.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Palatine village in the top 10% of all cities in the state for educational attainment. This is 34% higher than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.1%. Notably, 18.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Palatine village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.