Palatine, a city located in the state of Illinois (IL), is home to a population of approximately 67,223 people. Palatine boasts a median age of 39.4, with around 23% of its residents aged 60 or above. 3.4% of the population identifies as US Veterans. 9.5% of Palatine residents are disabled. The city has an average household income of $93,383, while the unemployment rate stands at 4.7%, and around 10.5% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Palatine is $336,737, with a monthly rent averaging $1,427.