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Palatine, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Palatine, Illinois had a total population of 66,293, the 18th largest village in Illinois, with a median household income of $97,819, which is 17% higher than the state average. The poverty rate is 8.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Palatine Quick Facts

Population 66,293
Median Household Income $97,819
Median Home Value $355,600
Poverty Rate 8.2%
Unemployment Rate 4.1%
Median Age 40.7 years
Homeownership Rate 67.4%
Affordability Ratio 3.6x
Bachelor's Degree or Higher 51.1%
High School Graduation Rate 91.8%
Diversity Index 58/100
Population 66,293 18th of 1,445
Median Income $97,819 top 20%
Poverty Rate 8.2% 34% lower than national
Median Home Value $355,600 top 10%

How Palatine Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population66,54866,293-0.4%
Median household income$95,950$97,819+1.9%
Median home value$347,900$355,600+2.2%

How Palatine Compares

Economy & Housing

Household Income Distribution

Under $25K 8.5%
$25K-$50K 15.6%
$50K-$100K 27.2%
$100K+ 48.7%
Detailed income brackets
Under $10K
3.8%
$10K-$15K
1.3%
$15K-$20K
1.8%
$20K-$25K
1.6%
$25K-$30K
3.4%
$30K-$35K
2.7%
$35K-$40K
4.0%
$40K-$45K
3.6%
$45K-$50K
2.0%
$50K-$60K
6.7%
$60K-$75K
7.5%
$75K-$100K
13.0%
$100K-$125K
9.6%
$125K-$150K
8.7%
$150K-$200K
13.6%
$200K+
16.9%

Employment

4.1% Unemployment Rate State: 5.8%|National: 5.2%
71.3% Labor Force Participation

Housing Overview

Owner 67.4%
Renter 32.6%
Affordability Index Affordable
3.6x home value to income ratio
Median gross rent $1,549/mo 19.0% of median household income annually

People & Demographics

Diversity Index

58out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 61 | National average: 61

Education

Palatine Rankings in Illinois

#18 Population of 1,445
#259 Median Income of 1,374
#110 Education of 1,444
#106 Home Value of 1,372

Other Cities in Cook County

CityPopulationMedian IncomePovertyHome Value
Chicago 2,711,226 $77,902 16.8% $334,100
Elgin 114,934 $90,282 9.8% $273,000
Cicero 82,797 $70,842 14.6% $249,400
Schaumburg 76,868 $97,514 5.7% $330,400
Evanston 76,340 $96,434 11.8% $481,200
Arlington Heights 76,005 $116,723 6.0% $414,500
Skokie 66,219 $95,337 9.7% $387,200
Des Plaines 59,156 $97,875 6.0% $335,600
Orland Park 57,916 $98,910 7.3% $367,200
Oak Lawn 56,861 $83,911 9.6% $281,200

Cities Similar to Palatine

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Skokie66,219$95,337$387,20053.8%9.7%
Des Plaines59,156$97,875$335,60038.9%6.0%
Orland Park57,916$98,910$367,20045.4%7.3%
Evanston76,340$96,434$481,20069.5%11.8%
Schaumburg76,868$97,514$330,40050.4%5.7%

Population Overview

Palatine is a mid-sized community located in Illinois, within Cook County. The total population is 66,293. It ranks as the 18th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Palatine is 40.7 years. This is 4% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Palatine is $97,819. This is 17% higher than the state median of $83,390. It is also 21% higher than the national median of $80,734. The poverty rate stands at 8.2%. This is 31% lower than the state poverty rate of 11.8%. The unemployment rate is 4.1%. This is 30% lower than the state rate of 5.8%. The median home value is $355,600. Housing costs are 35% higher than the state median of $263,300. The home-value-to-income ratio is 3.6x. 67.4% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Palatine is White (non-Hispanic), making up 60.7% of the population. Hispanic or Latino residents account for 19.2%. The Black or African American population (4.5%) is well below the state average of 13.3%. The Asian population is significantly higher than the state average (12.6% vs 5.9%).

Education

51.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Palatine in the top 10% of all cities in the state for educational attainment. This is 35% higher than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.8%. Notably, 18.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Palatine, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Palatine, Illinois?

Palatine, Illinois has a population of 66,293 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palatine, IL?

The median household income in Palatine is $97,819, which is 21% higher than the national median of $80,734.

What is the poverty rate in Palatine, IL?

The poverty rate in Palatine is 8.2%. This means approximately 5,394 residents live below the federal poverty line.

What is the racial makeup of Palatine, Illinois?

Palatine's population is 60.7% White, 4.5% Black, 19.2% Hispanic/Latino, and 12.6% Asian.

What is the median home value in Palatine, IL?

The median home value in Palatine is $355,600. The home-value-to-income ratio is 3.6x.

How educated is Palatine, Illinois?

51.1% of adults (25+) in Palatine hold a bachelor's degree or higher, and 18.8% hold a graduate or professional degree.