Palo, IA
1,438Residents
$106,375Median household income
$717/moMedian gross rent
$282,400Median home value
32.7Median age
27%Adults with a bachelor’s degree or higher
98%Homes lived in by their owners
2.7×Home value to household income
Median rent takes about 8% of the median household income in Palo.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $29,000 a year. In Iowa that leaves roughly $2,032 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.