Palestine, IL 62451 has a population of approximately 2,024 and experiences a population change rate of -9.40%. The population density is 32.5 / sq mi .
Palestine, IL 62451 has a population of approximately 2,024 and experiences a population change rate of -9.40%. The population density is 32.5 / sq mi .
The median household income for Palestine, IL 62451 is $57,554, with 933 households and an average household size of 2.29.
The median value of a home in Palestine, IL 62451 is $83,000 with an appreciation rate of 9.40%. 75.39% of housing in the state is owned while 15.02% is rented.
The cost of living in Palestine, IL 62451 is 75.7 %.
The unemployment rate in Palestine, IL 62451 is 3.50%, and recent job growth is at 1.73%. Future job growth is projected at 30.85%.
The sales tax rate in Palestine, IL 62451 is 6.25%, while the income tax rate is 4.95% .
School expenditures in Palestine, IL 62451 are $14,539, and the school ratio is 12.7:1.
The average high temperature in July is 87.4 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 44 inches per year, with 9.6 inches of snow per year.