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.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.85% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.

The citizens of Palatine are among the most well-educated in the nation: 49.31% of adults in Palatine have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.

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.