Apartments for rent in Palos Park, IL

Palos Park, Illinois is a small town with a population of just over 5,000. Retirees are commonplace, as they account for 29% of the population compared to 14% nationally, while young adults are less well-represented. Overall, the town's residents, at an average age of just over 48, are notably older than most cities in Illinois. Just 10% of residents rent in Palos Park, as most own their homes. With an average rent of $1,582 per month, exceeding the state average by $530 a month, relatively high rent costs could be playing a role in the higher levels of ownership.

Palos Park has an average commute time of about 38 minutes, slower than the state average of about 32 minutes. Driving is the typical means of commuting to work, chosen by 38% of residents, while public transit isn't used widely. Relatively few residents walk to work.

There are three primary industries in Palos Park: healthcare, retail, and manufacturing. Together, these industries account for 20% of the town's workforce. Meanwhile, in terms of job function, many of the town's residents work in management, as 8% of the town's population reports this as their field of work, the highest number of any career path. Palos Park workers earn an average annual income of nearly $101,000, more than those elsewhere in the state. Palos Park's average income also compares favorably to the national average ($73,345). Compared to the national average (7%), Palos Park has a high concentration of residents older than 25 with advanced degrees, as 9% have earned a Master's or a Doctorate. Additionally, 19% have a Bachelor's degree, which also outpaces the national average.