Palo Alto city, California
CityPopulation: 67,231 (2023 estimate)
Located in California , California
Census Bureau data for Palo Alto city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Palo Alto city
- What is the median household income in Palo Alto city?
- The median household income in Palo Alto city is $220,408 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Palo Alto city?
- The poverty rate in Palo Alto city is 3.2% (U.S. Census Bureau ACS 2023).
- What is the median home value in Palo Alto city?
- $2,000,001 (U.S. Census Bureau ACS 2023).
- What is the average rent in Palo Alto city?
- The median gross rent in Palo Alto city is $3,328 per month (U.S. Census Bureau ACS 2023).
- What percentage of Palo Alto city residents have a college degree?
- 82.4% of adults in Palo Alto city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
67,231
Median Income
$220,408
Median Home Value
$2,000,001
Poverty Rate
3.2%
Unemployment (ACS 2023)
3.7%
Median Age
42.0 yrs
Since 2019
Median Income:
+$62,137 (+39.3%)
Home Value:
$0 (+0%)
Poverty Rate:
-1.1 pp (-25.6%)
Bachelor's+:
-0.4 pp (-0.5%)
Unemployment:
+0.5 pp (+15.6%)
Demographics
Total Population
67,231
Median Age
42.0
Female
51.5%
Race & Ethnicity
Hispanic or Latino 7.1%
White (non-Hisp.) 47.3%
Black 2.2%
Asian 36.1%
Two or More 9.5%
Other 3.5%
Asian Subgroups (% of total pop.)
Chinese
20.4%
Indian
6.3%
Korean
3.3%
Japanese
1.7%
Vietnamese
1.2%
Filipino
0.7%
Hispanic Subgroups (% of total pop.)
Mexican
3.1%
Cuban
0.3%
Puerto Rican
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$220,408
±$14,759
+$124,074 vs. state
Per Capita Income
$318,597
Median Family Income
$250,001
Poverty Rate
3.2%
-5.2 pp vs. state
Child Poverty Rate
4.6%
Working-Age Poverty Rate
—
SNAP Recipients
2.6%
Social Security Income
—
Retirement Income
21.5%
Household Income Distribution
< $10k
2.8%
$10–15k
2.1%
$15–25k
2.3%
$25–35k
2.4%
$35–50k
3.3%
$50–75k
6.1%
$75–100k
5.8%
$100–150k
12.3%
$150–200k
10.1%
$200k+
52.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
29,104
Owner-Occupied
54.2%
Renter-Occupied
45.8%
Vacancy Rate
10.5%
Median Home Value
$2,000,001
+$1,304,601 vs. state
Median Gross Rent
$3,328
Owner Cost Burden (30%+)
23.9%
Renter Cost Burden (30%+)
34.1%
Home Value Distribution
< $50k
0.9%
$50–100k
0.1%
$100–200k
0.3%
$200–300k
0.8%
$300–500k
0.8%
$500k–$1M
2.9%
$1M+
93.9%
Gross Rent Distribution
< $500
4.4%
$500–1k
4.6%
$1–1.5k
3.4%
$1.5–2k
4.6%
$2–2.5k
11.1%
$2.5–3.5k
13.0%
$3.5k+
58.9%
Vehicle Availability
No vehicle
8.0%
1 vehicle
36.2%
2 vehicles
39.2%
3+
16.6%
Housing Type
Single-fam. det.
56.0%
Single-fam. att.
5.7%
2–4 units
1.1%
5–19 units
6.1%
20+ units
20.3%
Mobile home
0.3%
Housing Age
Pre-1940
12.9%
1940–1969
7.8%
1970–1999
11.3%
2000–2009
10.0%
2010+
6.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.0%
Bachelor's or Higher
82.4%
+45.9 pp vs. state
Graduate Degree
55.2%
Some College / Associate
6.6%
Less Than High School
1.6%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
62.9%
Unemployment Rate
3.7%
-2.7 pp vs. state
Work from Home
33.3%
Self-Employed
7.4%
Government Workers
7.9%
Private For-Profit
84.4%
Industry
Prof. Services
30.5%
Edu/Health
26.2%
Manufacturing
11.7%
Information
9.4%
Finance
5.0%
Arts/Entmt.
4.6%
Retail
3.9%
Transportation
1.9%
Construction
1.8%
Public Admin
1.6%
Wholesale
0.9%
Agriculture
0.3%
Occupation
Management
80.5%
Sales
8.1%
Food Prep
7.1%
Production
2.8%
Construction
1.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
22.9 min
Drove Alone
46.7%
Carpool
3.9%
Public Transit
3.1%
Work from Home
33.3%
Walked
4.3%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
26,054
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
58.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
27.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.2%
5–9
5.3%
10–14
7.0%
15–19
6.8%
20–24
4.1%
25–34
11.7%
35–44
12.5%
45–54
15.2%
55–64
7.4%
65–74
5.5%
75–84
9.0%
85+
6.1%
Under 18: 22.4%
Working age (18–64): 77.6%
65 and over: 19.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
36.3%
Naturalized Citizen
56.9%
Speaks English Less Than Very Well
10.7%
Foreign-Born Origin
Asia
64.7%
Europe
19.8%
Latin America
7.7%
Africa
1.9%
Veterans & Disability
Veteran
2.3%
With a Disability
7.1%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.0%
Uninsured
2.0%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.8%
Has a Computer
98.2%
Same House 1 Year Ago
85.0%
Moved from Abroad
2.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023