Economy & Jobs — Palo, Michigan
Income & Employment
| Median Household Income (Census) | $34,489 |
| Estimated 2026 | ~$39,200 |
| Per Capita Income | $13,500 |
| Poverty Rate | 20.3% |
| Unemployment Rate | 0.0% |
| In Labor Force | 136 |
Top Industries
| Industry | Share |
| Construction | 33.6% |
| Manufacturing | 33.6% |
| Agriculture | 11.8% |
Local Businesses (County)
| Type | Count |
| Full Service Restaurants | 32 |
| Fast Food | 30 |
| Dental Offices | 20 |
| Gas Stations | 19 |
| Insurance Agencies | 19 |
| Commercial Banks | 16 |
| Physician Offices | 16 |
| Auto Repair | 14 |
| Child Day Care | 14 |
| General Merchandise | 12 |
| Beauty Salons | 9 |
| Chiropractors | 9 |
| Coffee Shops | 8 |
| Grocery Stores | 7 |
| Pet Grooming | 7 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.