Palo Alto city: Median Household Income Trend
How Palo Alto city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$147,537
2023
$220,408
Total change
+$72,871
% change
+49.4%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $147,537 | — |
| 2019 | $158,271 | +$10,734 (7.3%) |
| 2020 | $174,003 | +$15,732 (9.9%) |
| 2021 | $194,782 | +$20,779 (11.9%) |
| 2022 | $214,118 | +$19,336 (9.9%) |
| 2023 | $220,408 | +$6,290 (2.9%) |