HomeIllinoisCook CountyPalatine
Palatine, Illinois: commercial real estate data.
Palatine is a Census village of 66,293 people across 14.12 square miles of land, in Cook County. Median household income is $97,819, 67.4 percent of occupied homes are owned, and the SBA record carries 116 7(a) approvals to borrowers here worth $59.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Palatine
What Palatine is
- Census place typevillage
- Land area14.12 sq mi
- Water area0.16 sq mi
- Population per square mile of land4,696
- County holding the largest share of its areaCook County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palatine
How many people live in Palatine
- Population66,293
- Median age40.7
- Population under 1813,834
- Share under 1820.9 percent
- Population 65 and over11,226
- Share 65 and over16.9 percent
- Households27,303
- Family households17,154
- Share of households that are families62.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palatine
Income and work in Palatine
- Median household income$97,819
- Per capita income$51,147
- Civilian labor force38,593
- Employed37,027
- Unemployed1,566 plus or minus 388
- Unemployment rate4.1 percent plus or minus 1.0
- Adults 25 and over47,208
- Adults 25 and over with a high school diploma or higher91.8 percent
- Adults 25 and over with a bachelor degree or higher51.1 percent
- Adults 25 and over with a graduate degree18.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palatine
Housing in Palatine
- Housing units28,469
- Occupied units27,303
- Vacant units1,166 plus or minus 307
- Vacancy rate4.1 percent plus or minus 1.1
- Owner occupied18,398
- Renter occupied8,905
- Ownership rate67.4 percent
- Median owner-occupied home value$355,600
- Median gross rent, monthly$1,549
- Annual rent as a share of median income19.0 percent
- Single family units16,498
- Share single family58.0 percent
- Units in buildings of two or more11,918
- Share in buildings of two or more41.9 percent
- Mobile homes53 plus or minus 57
- Median year structure built1977
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palatine
How Palatine gets to work
- Workers 16 and over who commute28,828
- Commuting under 15 minutes5,217
- Share commuting under 15 minutes18.1 percent
- Commuting 30 minutes or more12,520
- Share commuting 30 minutes or more43.4 percent
- Drove alone69.4 percent
- Carpooled5.4 percent plus or minus 1.1
- Public transport2.3 percent plus or minus 0.6
- Walked1.0 percent plus or minus 1.0
- Worked from home20.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palatine
SBA loans in Palatine (7(a))
- Approvals116
- Gross approval$59,809,700
- Average approval$515,601
- Median approval$200,000
- Ninetieth percentile approval$1,537,900
- Largest approval$4,400,000
- Jobs supported1,134
- Jobs per approval9.8
- Loans with a final outcome20
- Paid in full20
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more13.8 percent
- Share to franchises6.0 percent
- Distinct lenders35
- Distinct industries by NAICS53
Counted by borrower city: approvals to borrowers whose address is in Palatine, in any county, FY2020 to FY2026. Only 20 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Palatine
SBA loans in Palatine (504)
- Approvals34
- Gross approval$26,888,000
- Average approval$790,824
- Median approval$549,500
- Largest approval$5,000,000
- Jobs supported383
- Loans with a final outcome8
- Charged off0
- Median term240 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Palatine, in any county, FY2010 to FY2026. Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Palatine
Flood risk in Palatine
- NFIP communityVillage of Palatine
- NFIP community number175170
- Participating in the NFIPYes
- Community Rating System classClass 7
- Currently effective map date08/19/08
The Village of Palatine participates in the National Flood Insurance Program as community 175170 and carries Community Rating System class 7, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cook County, not Palatine
Cook County context, not Palatine figures
- Establishments in Cook County134,513
- Covered employment, Cook County2,565,567
- Average annual pay, Cook County$86,931
- Housing units permitted, Cook County6,507
Every figure in this section is published for Cook County as a whole and is not a measurement of Palatine.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Palatine questions, answered from the record.
How many people live in Palatine, Illinois?
66,293, in 27,303 households. Palatine village covers 14.12 square miles of land, which is 4,696 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Palatine in?
Cook County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Palatine?
$97,819. The median owner-occupied home is valued at $355,600. Median gross rent is $1,549 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Palatine businesses?
116 7(a) approvals totaling $59.8 m since FY2020, across 35 lenders, median approval $200,000, plus 34 504 approvals worth $26.9 m since FY2010. These count approvals to borrowers whose address is in Palatine, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Palatine borrowers get paid back?
No rate is published for Palatine. Only 20 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Palatine in the National Flood Insurance Program?
Yes. Palatine appears in the FEMA Community Status Book as Palatine, village of, community 175170, carrying Community Rating System class 7, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Palatine figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cook County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Palatine.
Is zoning published for Palatine?
No. Nothing on this page presents parcel level zoning.