Everything You Should Know Before Moving to Paloma, IL
Considering a move to Paloma, IL? With a small, close-knit population of around 150, Paloma offers affordable living with median home prices at $105,000 and rents near $725. Residents enjoy a low violent crime rate of just 85 per 100K, short 26-minute commutes, and a laid-back rural lifestyle. The area is served by well-rated local schools and nearby healthcare in Quincy, making it a peaceful choice for those seeking safety, simplicity, and Illinois charm.
Demographics - Paloma, IL
Demographics - Paloma, IL
Paloma, Illinois is a small, close-knit rural community with a population of around 150 residents. The town is predominantly White, with a median age of 43, and nearly equal numbers of men and women. Most residents speak English, contributing to the village’s welcoming and familiar atmosphere.
Population:
150
Density:
350 per sq mi
Median Age:
43.0
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
96.2%
Black:
1.1%
Asian:
0.7%
Others:
2.0%
Cost Of Living
What is the average cost of living in Paloma, IL?
Living in Paloma is highly affordable, with a median home value of $105,000 and average rents of $725. The overall cost of living index sits well below the national average, making everyday expenses like utilities and groceries more manageable for residents. State income tax remains steady at 4.95%, supporting an accessible lifestyle for families and retirees alike.
Median House Value:
$105,000
Gross Rent:
$725
Monthly Electricity Charges:
$120
Auto Insurance:
$1,050
House Owner Cost With Mortgage:
$1,050
House Owner Cost Without Mortgage:
$380
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
84.0
Grocery:
95.1
Housing:
67.0
Utilities:
96.0
Transportation:
85.0
Health Care:
94.0
Miscellaneous:
90.0
Crime
Is Paloma, IL a safe place to live?
Paloma boasts a low violent crime rate, with only 85 incidents per 100,000 people, offering residents a strong sense of safety. Property crime is also relatively low, giving newcomers peace of mind in this quiet village. The overall crime index reflects Paloma’s reputation as a secure place to call home.
Violent Crimes Per 100k:
85
Property Crimes Per 100k:
710
Crime Index:
795
Chance Of Violent Crime:
1 in 1,175
Chance Of Property Crime:
1 in 141
Weather
What is the weather like in Paloma, IL year-round?
Residents of Paloma experience all four seasons, with warm summers reaching highs of 87°F and cold winters dipping to 17°F. The area receives about 39 inches of rainfall annually and enjoys sunny days 58% of the year, creating a balanced Midwest climate. This variety appeals to those who appreciate seasonal changes and outdoor activities.
Winter
Min:
17°F
Max:
36°F
Spring
Min:
41°F
Max:
65°F
Summer
Min:
64°F
Max:
87°F
Fall
Min:
44°F
Max:
67°F
Average Rainfall Inches:
39.0 inches
Sunny Days Percentage:
58%
Neighbors
The Paloma area features modest incomes, with a median household income of $54,000 and a family income of $60,000. Most adults have completed high school, and average commute times are under 26 minutes, reflecting the region’s rural lifestyle. The poverty rate is just over 13%, and public transportation is not commonly used, emphasizing the community’s self-reliant nature.
Median Income:
$31,000
Household Income:
$54,000
Family Income:
$60,000
Per Capita Income:
$27,500
Income Male:
$35,000
Income Female:
$27,000
Poverty Rate:
13.4%
Non English Speakers:
2.5%
Rent:
$725
Unemployment Rate:
4.9%
Public Transport Usage:
0.0%
Commute Time:
25.7 minutes
Education
High School or Higher:
89.5%
Bachelors or More:
15.2%
Education
How are the schools in Paloma, IL?
Paloma families are served by Liberty Elementary School, known for its small class sizes and attentive teaching staff. Higher education opportunities are easily accessible, with John Wood Community College just 19 miles away in Quincy. The community values education, making it a supportive environment for students of all ages.
Public Schools
Name:
Liberty Elementary School
Street:
101 W. Liberty St, Liberty, IL 62347
Phone:
217-645-3433
Students:
310
Student Teacher Ratio:
13.4
Colleges
Name:
John Wood Community College
City:
Quincy
State:
IL
Distance:
19 miles
Students:
4,500
Healthcare
Residents have convenient access to major hospitals in nearby Quincy and Hannibal, ensuring comprehensive care and emergency services. Healthcare coverage is high, with over 91% of locals insured and a healthy physician-to-population ratio. The area’s healthcare index suggests reliable services for families and seniors alike.
Major Hospitals
Name:
Blessing Hospital
Address:
1005 Broadway St, Quincy, IL 62301
Phone:
(217) 223-1200
Type:
General & Surgical
Emergency Services:
Yes
Name:
Hannibal Regional Hospital
Address:
6000 Hospital Dr, Hannibal, MO 63401
Phone:
(573) 248-1300
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.4
Health Insurance Coverage:
91.5%
Health Care Index:
76.0
Housing Market
What is the housing market like in Paloma, IL?
Paloma’s housing market is affordable and stable, with a median home price of $105,000 and an 80% owner-occupancy rate. Rental options are available, with average two-bedroom rents at $725 and low vacancy rates. Home values are appreciating moderately, making the area attractive for both buyers and renters.
Median Home Price:
$105,000
Average Rent For 2 Bedroom:
$725
Owner Occupied Rate:
80.0%
Rental Vacancy Rate:
7.8%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
0.2%
Foreclosure Rate:
0.7%
DMV Information
Driver services for Paloma residents are provided by the Illinois Secretary of State’s office in nearby Quincy. The local DMV offers comprehensive licensing and registration support, making it convenient for new residents to update their credentials. Helpful resources are available both in person and online.
State:
Illinois
Department:
Illinois Secretary of State – Driver Services
Address:
1301 S 48th St, Quincy, IL 62305
Phone:
1-800-252-8980
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.