Palatine village
Illinois
Palatine, Illinois, offers a compelling blend of suburban charm and practical affordability, making it a standout choice for families and those seeking a balanced lifestyle. With a population of over 67,000, this village provides a strong sense of community, yet remains accessible with a median home value of around $337,200. This places it just below the national average, making it an attractive option for those seeking value. The community is known for its family-friendly atmosphere, and the median household income of $93,383 reflects a comfortable standard of living, significantly exceeding the national median.
From an investment perspective, Palatine presents a stable and attractive housing market. While specific unemployment figures are not provided, the robust median income suggests a healthy local economy. The village's emphasis on safety and family-oriented amenities makes it an ideal location for raising children or settling down. Its location in the Chicago metropolitan area offers the benefit of access to a major city while maintaining a distinct suburban identity. This makes Palatine an excellent choice for those seeking a blend of community, affordability, and access to urban opportunities.
Palatine village, Illinois at a Glance
Palatine village is a city in Illinois with a population of approximately 67,223. The median home value is $337,200 and the median household income is $93,383. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,354 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$337,200
Median Income
$93,383
Population
67,223
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Fair
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- Population
- 67,223
- Median Age
- N/A
- Median Household Income
- $93,383
25% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 10.5%
15% below nat'l avg
- Median Home Value
- $337,200
20% above nat'l avg
- Median Rent
- $1,354
16% above nat'l avg
- Homeownership Rate
- 90.0%
37% above nat'l avg
- Affordability Index
- 218
118% above nat'l avg
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 73.10
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 9.1¢/kWh
45% below nat'l avg
- Est. Monthly Electric
- $82
40% below nat'l avg
- Total Schools
- 2
- Elementary
- 1
- Middle
- 0
- High School
- 1
- Avg. Enrollment
- 449
Nearby Schools
- Unemployment Rate
- 4.7%
27% above nat'l avg
- Poverty Rate
- 10.5%
15% below nat'l avg
Weather & Climate in Palatine village
Avg High
62°F
Avg Low
45°F
Annual Rainfall
"
Avg Humidity
NaN%
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Palatine village
Palatine Farmers Market
Weekly market offering fresh produce and local goods.
Hometown Fest
Annual festival with carnival rides, food vendors, and live music.
Oktoberfest
Celebration featuring German food, beer, and music.
Palatine Street Fest
An annual community festival with music, food, and family activities.
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