Palo is located in Linn county Iowa with a geographic area of 1.1 square miles. The total population in Palo is 1,003 with 56.6% male and 43.4% female. Children under age 5 represent 9.4% of the population, under age 18 equal 28.3% of the population and over age 65 is 10.3% of the population. The median household income is $82,083, per capita income is $35,809. There are a total of 396 housing units with 88.6% owner occupied. Education includes 37.4% of residents that are high school graduates and 17.2% with a bachelor's degree or higher. The average temperature in Palo in the summer is 73 degrees, and in the winter 23 degrees.