2025 Compare Cities Economy:
Palatine, IL vs Geneva, IL

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Highlights
- Household income in Geneva, is 47% more than it is in Palatine and is 46% above the National Average.
- Palatine unemployment rate is 5.7%.
- Geneva unemployment rate is 7.1%.
 Palatine, ILGeneva, ILUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock2.3%1.6%
 Future Job Growth26.9%  Unlock33.5%
 Sales Taxes10.3%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$45,557  Unlock$37,638
 Household Income  Unlock$126,759$69,021
 Family Median Income$111,413  Unlock$85,028
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 Est. Households By Income
 Palatine, ILGeneva, ILUnited States
 Income Less Than 15K  Unlock3.5%9.4%
 Income between 15K and 20K3.5%  Unlock3.8%
 Income between 20K and 30K  Unlock5.0%8.1%
 Income between 30K and 40K6.2%  Unlock8.0%
 Income between 40K and 50K  Unlock6.0%7.6%
 Income between 50K and 60K6.4%  Unlock7.2%
 Income between 60K and 75K  Unlock6.1%9.6%
 Income between 75K and 100K12.2%  Unlock12.8%
 Income between 100K and 150K  Unlock20.0%16.3%
 Income between 150K and 200K13.4%  Unlock7.8%
 Income greater than 200K  Unlock21.9%9.5%
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 Population By Occupation
 Palatine, ILGeneva, ILUnited States
 Management, business, finance22.4%  Unlock16.4%
 Engineering, computers, science  Unlock8.7%6.5%
 Community, social services1.5%  Unlock1.8%
 Legal  Unlock2.1%1.2%
 Education, library6.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.8%2.0%
 Healthcare practitioners and technology4.6%  Unlock6.2%
 Healthcare support  Unlock2.1%3.3%
 Firefighters, law enforcement1.2%  Unlock2.1%
 Food preparation, serving  Unlock5.0%5.4%
 Building maintenance2.3%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support19.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair5.2%  Unlock8.1%
 Production, transportation, material moving  Unlock6.3%13.1%
Reviews for Palatine    7 Reviews

No town is perfect. One flaw in Palatine are that it lacks enough updated, healthier food restaurants. A more serious flaw is that the elementary district does not  More

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Over 15 years ago

The correct total Sales Tax Rate for Palatine, Cook County, IL is 9.5%, not  More

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Over 15 years ago

Palatine is a great community for raising a family. Good schools and extremely low crime rate just add to that point. Minutes to Schaumburg and all the shopping and  More

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Reviews for Geneva    12 Reviews

Real Estate and State Taxes are very high. Lots of people and traffic. Cute little shops and restaurants on main streets which attract a lot of tourists during the  More

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Lived here for 30 years... great schools, quaint downtown, good city leadership, engaged community. Wonderful town to raise a family! Only downsides are weather ( long  More

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Over 8 years ago

We moved to Geneva 4 years ago. The cost of living is very high, and taxes keep going up as well as other living expenses. The population seems to be increasing and the  More

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