Palco, KS
Population 214 · Kansas
About Palco, KS
Palco is a small community located in Kansas with a population of 214 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,292 per year, which is 30% below the national median of $75,149. The median age of 41.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Palco features a median home value of $69,500, which is 72% below the national median of $244,900. This makes Palco one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $538, 54% below the national average of $1,163/month. Of the 132 total housing units, 85% are owner-occupied (79 units) and 15% are renter-occupied (14 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Palco shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 8.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Palco have an average one-way commute time of 14 minutes, one of the shorter commutes in the region.
Education & Demographics
18.7% of Palco residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.9% White, 2.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.4% of the population being foreign-born.
How Palco Ranks in Kansas
Cost of Living in Palco, KS
Compared to national averages, Palco has a median household income of $52,292 (30% below the national median of $75,149). Home values average $69,500, which is 72% below the national median. Monthly rent at $538 is 54% below the US average of $1,163. Within Kansas, Palco's income is 18% below the state average of $63,989, and home values are 39% below the state median of $113,913.
Why Live in Palco, KS?
Palco offers affordable housing with a median home value of $69,500, below the US average of $244,900, and rent that’s lower than the national average at $538/month, and a low poverty rate of 8.4%, better than the national average. Additionally, the city features short commute times averaging just 14 minutes.
Potential considerations include median household income ($52,292) that falls below the national average. However, Palco’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palco has a population of 214 with a median age of 41.2 years. Compare Palco with other cities to see how it stacks up, or explore all cities in Kansas.
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Demographics
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Economy & Education
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Other Cities in Kansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Palco
What is the population of Palco, KS?
The population of Palco, KS is 214 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kansas.
What is the median household income in Palco?
The median household income in Palco, KS is $52,292 per year, which is 30% below the national median of $75,149.
What is the median home value in Palco?
The median home value in Palco, KS is $69,500, which is 72% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Palco?
The median monthly rent in Palco, KS is $538, which is 54% below the national average of $1,163/month.
What is the unemployment rate in Palco?
The unemployment rate in Palco, KS is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Palco, KS a good place to live?
Palco offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 214 and a median age of 41.2, the city appeals to a broad range of residents.
How educated is Palco, KS?
18.7% of residents in Palco 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 Palco?
Key cost-of-living indicators for Palco, KS: median home value is $69,500 (72% below national), median rent is $538/month, and median household income is $52,292. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Palco?
The poverty rate in Palco, KS is 8.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Palco, KS?
Palco's population is 1.9% White, 2.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 7.9% two or more races. 1.4% of residents are foreign-born.