Neighborhood Guide: Palatine, Illinois - Home Sweet Home Ryan Realty

Neighborhood Guide: Palatine, Illinois

Palatine is a village of larger than medium size located in the state of Illinois. The village has a population of around 70,000 residents and 12 constituent neighborhoods. It is the 18th largest community in the state. The real estate in this part of Illinois is considered to be some of the most expensive, also, interestingly, the house values in Palatine don’t tend to compare to the most expensive homes in the United States.

Demographics, Careers, and Income in Palatine, IL

Palatine is considered to be one of the most well-educated cities in America, with over 48% of residents having a minimum of a bachelor’s degree. The average community in America has just half of that amount. With education comes a higher per capita income, too, with Palatine reporting a per capita income in the region of $40,000 or just below – a relatively healthy figure compared to the rest of Illinois and the nation. This figure equates to a healthy annual income of around $148,000 for an average family of four.

Overall, Palatine is an ethnically diverse region, with many residents describing themselves as belonging to a range of ethnic and racial backgrounds. The largest number of Palatine residents are white, followed by Asian. The village also has a relatively large Hispanic population, with people of Latino or Hispanic origin accounting for about 18% of the village’s inhabitants. Ancestries of note in this region include English, Italian, Irish, and Polish. Around 27% of the residents were born in another country, and the languages you will hear spoken the most include English, Spanish, and Polish.

Unlike many of the villages within the state of Illinois where blue-collar or white-collar occupations tend to dominate the local economy, Palatine is not dominated by one or the other. Rather, it has a good mixture of both, with the overall careers being within managerial, sales, and office positions. A little under 14% of the population in Palatine work in administrative and office support. This area has more people living here who work in math and computers compared to other places in the United States.

Getting Around in Palatine

Like other areas in America, most people in Palatine use their private cars to get to and from work. However, there are a substantial number of residents who do make use of public transport for their daily commute, with the train being the number one choice. This means more people can get to work with less air pollution and highway congestion.

Palatine has a relatively low crime rate and is a popular destination with a variety of careers and real estate on offer.

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