Palos Hills, IL
Population 18,139 · Illinois
About Palos Hills, IL
Palos Hills is a mid-sized city located in Illinois with a population of 18,139 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,969 per year, which is 12% above the national median of $75,149. The median age of 42.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Palos Hills features a median home value of $259,200, which is 6% above the national median of $244,900. This positions Palos Hills in a moderately priced market relative to the rest of the country. Median monthly rent is $1,267, 9% above the national average of $1,163/month. Of the 7,885 total housing units, 80% are owner-occupied (5,831 units) and 20% are renter-occupied (1,496 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Palos Hills shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 9.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Palos Hills have an average one-way commute time of 34.4 minutes.
Education & Demographics
25.0% of Palos Hills residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 7.2% White, 0.3% Hispanic or Latino, 1.4% Black or African American, and 2.1% Asian residents, with 26.6% of the population being foreign-born.
Cost of Living in Palos Hills, IL
Compared to national averages, Palos Hills has a median household income of $83,969 (12% above the national median of $75,149). Home values average $259,200, which is 6% above the national median. Monthly rent at $1,267 is 9% above the US average of $1,163. Within Illinois, Palos Hills's income is 12% above the state average of $75,072, and home values are 56% above the state median of $165,779.
Why Live in Palos Hills, IL?
Palos Hills offers a strong local economy with a median household income of $83,969, well above the national average, and a low poverty rate of 9.2%, better than the national average.
Palos Hills has a population of 18,139 with a median age of 42.5 years. Compare Palos Hills with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Palos Hills
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bourbonnais | 18,109 | $81,017 | $242,600 | Compare |
| Shorewood | 18,218 | $122,648 | $324,600 | Compare |
| Franklin Park | 18,233 | $76,009 | $261,700 | Compare |
| Sycamore | 18,243 | $80,837 | $254,200 | Compare |
| East St. Louis | 18,278 | $30,992 | $52,700 | Compare |
| Bellwood | 18,373 | $76,990 | $219,600 | Compare |
| North Aurora | 18,375 | $111,781 | $323,900 | Compare |
| Cary | 17,875 | $109,790 | $287,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Palos Hills With Other Cities
Frequently Asked Questions about Palos Hills
What is the population of Palos Hills, IL?
The population of Palos Hills, IL is 18,139 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Illinois.
What is the median household income in Palos Hills?
The median household income in Palos Hills, IL is $83,969 per year, which is 12% above the national median of $75,149.
What is the median home value in Palos Hills?
The median home value in Palos Hills, IL is $259,200, which is 6% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Palos Hills?
The median monthly rent in Palos Hills, IL is $1,267, which is 9% above the national average of $1,163/month.
What is the unemployment rate in Palos Hills?
The unemployment rate in Palos Hills, IL is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Palos Hills, IL a good place to live?
Palos Hills offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 18,139 and a median age of 42.5, the city appeals to a broad range of residents.
How educated is Palos Hills, IL?
25.0% of residents in Palos Hills aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Palos Hills?
Key cost-of-living indicators for Palos Hills, IL: median home value is $259,200 (6% above national), median rent is $1,267/month, and median household income is $83,969. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Palos Hills?
The poverty rate in Palos Hills, IL is 9.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Palos Hills, IL?
Palos Hills's population is 7.2% White, 0.3% Hispanic or Latino, 1.4% Black or African American, 2.1% Asian, and 4.8% two or more races. 26.6% of residents are foreign-born.