Economy & Jobs — Palo, Michigan

Income & Employment

Median Household Income (Census)$34,489
Estimated 2026~$39,200
Per Capita Income$13,500
Poverty Rate20.3%
Unemployment Rate0.0%
In Labor Force136

Top Industries

IndustryShare
Construction33.6%
Manufacturing33.6%
Agriculture11.8%

Local Businesses (County)

TypeCount
Full Service Restaurants32
Fast Food30
Dental Offices20
Gas Stations19
Insurance Agencies19
Commercial Banks16
Physician Offices16
Auto Repair14
Child Day Care14
General Merchandise12
Beauty Salons9
Chiropractors9
Coffee Shops8
Grocery Stores7
Pet Grooming7
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.