Palm Beach, IL
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Palm Beach, IL: Quick Facts & Overview
- Population: 24,621 residents (940 people per sq. mi.)
- Average House Price: $279,229
- Average Household Income: $100,762
Palm Beach, IL is located in the state of Illinois. It is home to about 24,621 people, with around 940 residents living in every square mile.
If you want to buy a house in Palm Beach, the average price is around $279,229. That makes local housing 41% higher than the Illinois average of $198,645, and 10% lower than the national average of $308,592.
The average household in Palm Beach earns about $100,762 a year. This income is 26% higher than the average family in Illinois ($80,056), and 28% higher than the national average ($78,686).
Population
24,621
Median Household Income
$100,762
Median Home Value
$279,229
Median Age
44.5 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $51,797 |
| Labor Force Participation | 69.0% |
| Unemployment Rate | 4.4% |
| Average Commute Time | 34.2 mins |
Housing & Community Metrics
| Home Ownership Rate | 86.2% |
| Median Rent | $1,637 |
| Rent Burdened (>30% Income) | 33.0% |
| Total Housing Units | 10,054 |
Additional Census & Housing Profile
Geographic Overview
| County | Lake |
| County FIPS | 17097 |
| Metro Area (CBSA) | Chicago-Naperville-Elgin, IL-IN |
| Combined Area (CSA) | Chicago-Naperville, IL-IN-WI |
| Population Density | 940.4/sq mi |
| Coordinates (lat/lng) | 42.3767, -88.1973 |
| Timezone | America/Chicago |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.98 |
| Dual Income Families | 59.7% |
Marital Status
| Married | 57.2% |
| Never Married | 24.8% |
| Divorced | 12.9% |
| Widowed | 5.1% |
Gender
| Male | 52.9% |
| Female | 47.1% |
Health & Poverty
| Uninsured Rate (Health) | 4.2% |
| Poverty Rate | 7.7% |
Key Population Groups
| Veterans | 5.2% |
| Disabled Population | 10.7% |
| Limited English Proficiency | 1.3% |
All ZIP Codes in Palm Beach
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 60051 | 24,621 | $100,762 | $279,229 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Pistakee Highlands, IL | 1.9 miles | 3,374 |
| Lakemoor, IL | 2.6 miles | 6,467 |
| Johnsburg, IL | 2.6 miles | 6,386 |
| Fox Lake, IL | 3.3 miles | 11,131 |
| Long Lake, IL | 3.6 miles | 3,307 |
| Volo, IL | 3.8 miles | 6,706 |
| Fox Lake Hills, IL | 4.4 miles | 2,399 |
| Round Lake Heights, IL | 4.8 miles | 2,592 |
| McCullom Lake, IL | 5.1 miles | 1,017 |
| Round Lake, IL | 5.2 miles | 18,628 |
| McHenry, IL | 5.6 miles | 28,074 |
| Ringwood, IL | 5.6 miles | 730 |
| Holiday Hills, IL | 5.7 miles | 634 |
| Spring Grove, IL | 5.8 miles | 5,917 |
| Round Lake Beach, IL | 5.9 miles | 264,501 |
| Lake Villa, IL | 6.5 miles | 8,683 |
| Island Lake, IL | 6.8 miles | 8,014 |
| Round Lake Park, IL | 7 miles | 7,919 |
| Hainesville, IL | 7 miles | 3,524 |
| Burtons Bridge, IL | 7 miles | 134 |
| Wauconda, IL | 7.7 miles | 14,027 |
| Channel Lake, IL | 7.7 miles | 2,052 |
| Wonder Lake, IL | 7.8 miles | 4,292 |
| Prairie Grove, IL | 7.8 miles | 2,165 |
| Venetian Village, IL | 7.9 miles | 2,334 |
| Richmond, IL | 8.3 miles | 2,622 |
| Lake Catherine, IL | 8.4 miles | 968 |
| Grayslake, IL | 8.7 miles | 20,929 |
| Lindenhurst, IL | 9.2 miles | 14,417 |
| Oakwood Hills, IL | 9.2 miles | 2,416 |
| Port Barrington, IL | 9.2 miles | 1,477 |
| Antioch, IL | 9.3 miles | 14,859 |
| Bull Valley, IL | 9.3 miles | 1,269 |
| Third Lake, IL | 9.5 miles | 1,137 |
| Greenwood, IL | 9.6 miles | 502 |
| Twin Lakes, WI | 10.2 miles | 6,309 |
| Tower Lakes, IL | 10.3 miles | 1,106 |
| Grandwood Park, IL | 10.7 miles | 5,262 |
| Genoa City, WI | 10.9 miles | 2,942 |
| Gages Lake, IL | 11.1 miles | 10,819 |
| Ridgefield, IL | 11.2 miles | 221 |
| Lake Barrington, IL | 11.5 miles | 5,442 |
| Cary, IL | 11.6 miles | 17,923 |
| Salem Lakes, WI | 11.6 miles | 14,366 |
| Old Mill Creek, IL | 11.8 miles | 143 |
| Mundelein, IL | 12.1 miles | 31,915 |
| Crystal Lake, IL | 12.2 miles | 40,579 |
| Hawthorn Woods, IL | 12.2 miles | 9,143 |
| North Barrington, IL | 12.2 miles | 3,143 |
| Powers Lake, WI | 12.2 miles | 1,278 |
| Fox River Grove, IL | 12.6 miles | 4,523 |
| Trout Valley, IL | 12.7 miles | 574 |
| Lily Lake, WI | 12.9 miles | 456 |
| Woodstock, IL | 13 miles | 26,147 |
| Gurnee, IL | 13.2 miles | 30,510 |
| Libertyville, IL | 13.3 miles | 20,525 |
| Hebron, IL | 13.6 miles | 1,261 |
| Lake Zurich, IL | 13.7 miles | 19,832 |
| Forest Lake, IL | 13.7 miles | 1,865 |
| New Munster, WI | 13.9 miles | 234 |
| Paddock Lake, WI | 14.2 miles | 2,947 |
| Bloomfield, WI | 14.3 miles | 4,780 |
| Lakewood, IL | 14.3 miles | 4,707 |
| Bristol, WI | 14.5 miles | 5,207 |
| Lake in the Hills, IL | 14.9 miles | 28,800 |
| Wadsworth, IL | 14.9 miles | 3,686 |
| Indian Creek, IL | 15.2 miles | 874 |
| Kildeer, IL | 15.4 miles | 4,292 |
| Vernon Hills, IL | 15.6 miles | 26,876 |
| Green Oaks, IL | 15.6 miles | 4,096 |
| Park City, IL | 15.7 miles | 7,827 |
| Deer Park, IL | 15.7 miles | 3,711 |
| Lake Ivanhoe, WI | 15.7 miles | 558 |
| Long Grove, IL | 15.8 miles | 8,305 |
| Hartland, IL | 15.9 miles | 105 |
| Algonquin, IL | 16 miles | 30,067 |
| Barrington, IL | 16 miles | 11,077 |
| Barrington Hills, IL | 16.4 miles | 3,879 |
| Waukegan, IL | 16.6 miles | 89,076 |
| Mettawa, IL | 16.9 miles | 663 |
| Knollwood, IL | 17.4 miles | 1,864 |
| Beach Park, IL | 17.6 miles | 14,115 |
| North Chicago, IL | 17.7 miles | 30,643 |
| Bohners Lake, WI | 17.7 miles | 2,460 |
| Carpentersville, IL | 18.2 miles | 37,346 |
| Lake Geneva, WI | 18.4 miles | 8,521 |
| Zion, IL | 18.6 miles | 24,600 |
| Inverness, IL | 18.7 miles | 7,275 |
| Buffalo Grove, IL | 18.8 miles | 42,891 |
| Pleasant Prairie, WI | 18.8 miles | 21,669 |
| Lake Bluff, IL | 18.8 miles | 6,041 |
| Lincolnshire, IL | 19 miles | 7,980 |
| Huntley, IL | 19.2 miles | 28,005 |
| Palatine, IL | 19.5 miles | 66,293 |
| East Dundee, IL | 19.5 miles | 3,146 |
| Lake Forest, IL | 19.7 miles | 19,416 |
| West Dundee, IL | 20 miles | 7,906 |
| South Barrington, IL | 20 miles | 5,021 |
| Winthrop Harbor, IL | 20.1 miles | 6,559 |
| Union, IL | 20.4 miles | 624 |