Palo is located in east Iowa. Palo is between the Linn, Benton county. Palo has 1.43 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Palo population is 902, which has grown 46.91% since 2000. The population growth rate is much higher than the state average rate of 5.19% and is much higher than the national average rate of 11.61%. Palo median household income is $71,625 in 2010-2014 and has grown by 33.73% since 2000. The income growth rate is about the same as the state average rate of 33.56% and is higher than the national average rate of 27.36%. Palo median house value is $152,600 in 2010-2014 and has grown by 57.48% since 2000. The house value growth rate is higher than the state average rate of 53.09% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Palo is much better than the state average in quality. The Palo area code is 319.