HomeIllinoisCook CountyPalatine village
Palatine village, Illinois: commercial real estate data.
Palatine village 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.
82 sourced place values · tier FULL · 9 sections
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 7(a) lending to Palatine borrowers
- Approvals116
- Gross approval$59,809,700
- Average approval$515,601
- Median approval$200,000
- Ninetieth percentile approval$1,591,800
- Largest approval$4,400,000
- Jobs supported1,134
- Jobs per approval9.8
- Loans with a final outcome20
- Paid in full20
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- 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
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Palatine
SBA 504 lending to Palatine borrowers
- Approvals34
- Gross approval$26,888,000
- Average approval$790,824
- Median approval$565,000
- Largest approval$5,000,000
- Jobs supported383
- Loans with a final outcome8
- Charged off0
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Palatine
Flood programme status in Palatine
- Listed NFIP communities1
- Of those, participating1
- Best Community Rating System classClass 7
- NFIP community number175170
- Currently effective map date08/19/08
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Cook County, not Palatine
Cook County context, not Palatine figures
These are Cook County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Palatine measurements.
- Establishments in Cook County134,513
- Employment at those establishments, Cook County2,492,328
- Covered employment, Cook County2,565,567
- Average annual pay, Cook County$86,931
- Average weekly wage, Cook County$1,672
- Housing units permitted, Cook County6,507
- Of those, single family, Cook County1,142
- County product, 2024, Cook County$546,440,623,000
- County product change over the prior year, Cook County4.6 percent
- Average income of an arriving household, Cook County$91,691
Every figure in this section is published for Cook County as a whole and is not a measurement of Palatine. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $59.8 m, across 35 lenders, median approval $200,000, plus 34 504 approvals worth $26.9 m. 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?
Of the 20 loans that have reached a final outcome, 20 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Palatine in the National Flood Insurance Program?
Yes. Palatine appears in the FEMA Community Status Book as community 175170, carrying Community Rating System class 7, which is a premium discount for exceeding the programme 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.