HomeIowaLinn CountyPalo city
Palo city, Iowa: commercial real estate data.
Palo city is a Census city of 1,438 people across 1.20 square miles of land, in Linn County. Median household income is $106,375, 97.5 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $185,600.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Palo
What Palo is
- Census place typecity
- Land area1.2 sq mi
- Water area0 sq mi
- Population per square mile of land1,201
- County holding the largest share of its areaLinn 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.
Palo
How many people live in Palo
- Population1,438
- Median age32.7
- Population under 18508
- Share under 1835.3 percent
- Population 65 and over102 plus or minus 41
- Share 65 and over7.1 percent plus or minus 2.5
- Households476
- Family households372
- Share of households that are families78.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palo
Income and work in Palo
- Median household income$106,375
- Per capita income$40,829
- Civilian labor force821
- Employed805
- Unemployed16 plus or minus 13
- Unemployment rate1.9 percent plus or minus 1.5
- Adults 25 and over881
- Adults 25 and over with a high school diploma or higher98.2 percent plus or minus 22.0
- Adults 25 and over with a bachelor degree or higher27.2 percent plus or minus 5.4
- Adults 25 and over with a graduate degree5.2 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palo
Housing in Palo
- Housing units484
- Occupied units476
- Vacant units8 plus or minus 14
- Vacancy rate1.7 percent plus or minus 2.9
- Owner occupied464
- Renter occupied12 plus or minus 9
- Ownership rate97.5 percent
- Median owner-occupied home value$282,400
- Median gross rent, monthly$717 plus or minus $557
- Annual rent as a share of median income8.1 percent plus or minus 6.4
- Single family units475
- Share single family98.1 percent
- Units in buildings of two or more7 plus or minus 12
- Share in buildings of two or more1.4 percent plus or minus 2.4
- Mobile homes2 plus or minus 4
- Median year structure built2006
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palo
How Palo gets to work
- Workers 16 and over who commute679
- Commuting under 15 minutes51 plus or minus 26
- Share commuting under 15 minutes7.5 percent plus or minus 3.5
- Commuting 30 minutes or more208 plus or minus 65
- Share commuting 30 minutes or more30.6 percent plus or minus 7.6
- Drove alone79.5 percent
- Carpooled3.8 percent plus or minus 2.7
- Public transport0.0 percent
- Walked0.4 percent plus or minus 0.5
- Worked from home14.6 percent plus or minus 5.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palo
SBA loans in Palo (7(a))
- Approvals2
- Gross approval$185,600
- Average approval$92,800
- Median approval$165,600
- Ninetieth percentile approval$165,600
- Largest approval$165,600
- Jobs supported19
- Jobs per approval9.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Linn County, not Palo
Linn County context, not Palo figures
These are Linn County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Palo measurements.
- Establishments in Linn County5,744
- Employment at those establishments, Linn County119,172
- Covered employment, Linn County125,917
- Average annual pay, Linn County$67,613
- Average weekly wage, Linn County$1,300
- Housing units permitted, Linn County1,024
- Of those, single family, Linn County443
- County product, 2024, Linn County$21,899,205,000
- County product change over the prior year, Linn County4.1 percent
- Average income of an arriving household, Linn County$59,503
Every figure in this section is published for Linn County as a whole and is not a measurement of Palo. 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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
Palo questions, answered from the record.
How many people live in Palo, Iowa?
1,438, in 476 households. Palo city covers 1.20 square miles of land, which is 1,201 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Palo in?
Linn 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 Palo?
$106,375. The median owner-occupied home is valued at $282,400. Median gross rent is $717 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Palo businesses?
2 7(a) approvals totalling $185,600, across 2 lenders, median approval $165,600. These count approvals to borrowers whose address is in Palo, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Palo borrowers get paid back?
No rate is published for Palo. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Palo figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Linn 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 Palo.
Is zoning published for Palo?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.