Palco, KS Demographics

The total population of Palco is estimated to be 161 with 72 males (44.72%) and 89 females (55.28%). There are 17 more females than males in Palco.
The median household income in Palco was $47,290 in 2021, which marked an an increase of 9,400(24.81%) from $37,890 in 2020. This income is 63.39% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Palco sees its highest median household income among householders in the age group of 45 to 64 years old, at $56,072. Overall, the median household income for the city of Palco stands at $47,290.
In Palco, the median income for all workers aged 15 years and older, regardless of work hours, was $41,435 for males and $20,605 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,775 for males and $31,076 for females.
In Palco, there are just two different racial groups among households. Among these, White households report a median household income of $53,370, while Black or African American households have a median household income of $19,592.
In 2022, the population of Palco was 205, a 0.97% decrease year-by-year from 2021. Previously, in 2021, Palco's population was 207, a decline of 1.43% compared to a population of 210 in 2020.
The median age in Palco, KS is 45.8, as per 2021 ACS 5-Year Estimates. Of the total population, 15.86% were under the age of 15, 23.45% aged 15 to 29, 28.97% aged 30 to 64, 30.34% aged 65 to 84, and 1.38% were 85 years of age and older.
Racial distribution of Palco population: 82.07% are White, 11.03% are Black or African American and 6.90% are multiracial.