Palatine is a larger medium-sized village located in the state of Illinois. With a population of 65,485 people and 15 associated neighborhoods, Palatine is the 18th largest community in Illinois. Palatine real estate is some of the most expensive in Illinois, although Palatine house values don't compare to the most expensive real estate in the U.S.Unlike some villages where white-collar or blue-collar occupations dominate the local economy, Palatine is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Palatine is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Palatine who work in management occupations (14.05%), sales jobs (10.07%), and office and administrative support (9.11%). Also of interest is that Palatine has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Palatine telecommute to their jobs. Overall, about 15.85% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Palatine is one of the most well-educated cities in the nation. 49.31% of adults in Palatine have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher. The per capita income in Palatine in 2022 was $49,351, which is wealthy relative to Illinois and the nation. This equates to an annual income of $197,404 for a family of four. However, Palatine contains both very wealthy and poor people as well. Palatine is an extremely ethnically-diverse village. The people who call Palatine home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Palatine residents report their race to be White, followed by Asian. Palatine also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 19.71% of the village’s residents. Important ancestries of people in Palatine include German, Irish, Polish, Italian, and English. Foreign born people are also an important part of Palatine's cultural character, accounting for 24.42% of the village’s population. The most common language spoken in Palatine is English. Other important languages spoken here include Spanish and Langs. of India.
