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ZipNumbers

California · Census place 55282

Palo Alto city, CA

Quick answer

Palo Alto city has 67,231 residents, ranking #136 of 1618 places in California. Median household income is $220,408, the median home is worth $2,000,001 and median gross rent runs $3,328 a month.

Population
67,231Palo Alto city residents
Median household income
$220,408Past 12 months, inflation adjusted
Median home value
$2,000,001Owner-occupied units
Median gross rent
$3,328Rent plus utilities, monthly
Median age
42.5 yrsAll residents
Homeownership rate
54.2%Owner-occupied households

What the numbers mean in Palo Alto city

Housing cost measured against local earnings.

A household earning the Palo Alto city median would spend about 18.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 9.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.4% of residents and 54.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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