Palatine is a city in Illinois state in USA with a population of 67875 residents.. The poverty rate of Palatine is 9.9%, which is 29% lower than national average. The typical household in Palatine earns $83495 a year, compared to the national median of $67,500. Nearly 29% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Palatine, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Palatine remained 4.5%, which is 4% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Palatine, only 49% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Palatine is 117, which is 17% higher than national average. Median home value in Palatine is $286600 , which is 25% higher than national average. While median income in Palatine remained $83495, which is 24% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.