What is the median home price in Palo Alto?

The median home price in Palo Alto, Palo Alto city, California is $2,000,001, which is 609% above the national average of 281,900 ($281,900).

Palo Alto, Palo Alto city, California has a violent crime rate of 5.7 per 1,000 residents, which is 58% above the national average. The national average is 3.6 per 1,000 residents. The property crime rate is 10.9 per 1,000 residents.

What is the Walk Score for Palo Alto?

Palo Alto, Palo Alto city, California has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 25/100.

What is the median household income in Palo Alto?

The median household income in Palo Alto, Palo Alto city, California is $214,118, which is 187% above the national average of 74,580 ($74,580).

What is the average rent in Palo Alto?

The median rent in Palo Alto, Palo Alto city, California is $1,066 per month. The national average median rent is $1,163/month.

What is the air quality in Palo Alto?

Palo Alto, Palo Alto city, California has an Air Quality Index (AQI) of 58, categorized as "Moderate." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Palo Alto?

The population of Palo Alto, Palo Alto city, California is approximately 67,901. The homeownership rate is 30.0% (national average: 65.9%).

What are the climate risks in Palo Alto?

Palo Alto, Palo Alto city, California has an overall climate risk rating of "Very High" with a risk score of 99.98. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Palo Alto affordable?

Palo Alto, Palo Alto city, California has an affordability index of 140, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 15.6¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Palo Alto?

The unemployment rate in Palo Alto, Palo Alto city, California is 3.3%. The national average unemployment rate is 3.7%. The poverty rate is 4.7% (national average: 12.4%).

Palo Alto

Palo Alto city, California

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About Palo Alto

Palo Alto, a city synonymous with innovation and academic excellence, offers a lifestyle that's both stimulating and serene. With a population of just under 68,000, it maintains a small-town feel while being at the epicenter of technological advancement. The city's family-friendly reputation is well-earned, evident in its top-tier schools and abundant parks. However, this idyllic setting comes at a premium. The median home value in Palo Alto soars to a staggering $2 million, far exceeding the US median, reflecting the area's desirability and the robust local economy. Despite the high cost of entry, the investment often pays off, providing access to a unique community and a quality of life that's hard to match.

From an investment perspective, Palo Alto is a secure bet. The median household income of over $214,000, nearly three times the national average, speaks to the area's economic resilience and the high earning potential of its residents. While specific unemployment figures fluctuate, the overall job market remains exceptionally strong, driven by the tech sector and Stanford University. The city is also known for its safety, making it an ideal location for families. Palo Alto is best suited for those seeking a blend of intellectual stimulation, career opportunities, and a safe, nurturing environment.

Palo Alto, California at a Glance

Palo Alto is a city in Palo Alto city, California with a population of approximately 67,901. The median home value is $2,000,001 and the median household income is $214,118. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 5.7 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Moderate. The overall climate risk is rated as "Very High." Median rent is $1,066 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.