Palo Alto is a small city in CA with a population of 66,848 residents. With a median home price of $993,899 (184% above the national median) and median household income of $82,922, Palo Alto is considered very expensive with a price-to-income ratio of 12.0x.
The real estate market in Palo Alto features a median home price of $993,899, which is 184% higher than the U.S. national median of $350,000. Monthly rent averages $4,141, 176% above the national average. Over the past decade, rent has increased by 22%.
Palo Alto has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Palo Alto offers a median household income of $82,922, which is 18% higher than the national median of $70,000. Residents spend approximately 60% of their income on rent annually, which may pose affordability challenges for some households.
Understanding the climate of Palo Alto is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Palo Alto compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Palo Alto is $993,899, with average monthly rent of $4,141. The median household income is $82,922, giving the city a price-to-income ratio of 12.0x.
Palo Alto is considered expensive with a price-to-income ratio of 12.0x, above the national average of 5x.
Palo Alto has a population of 66,848 residents, making it the #795 largest city in the United States.
Palo Alto has a violent crime rate of 481 per 100,000 residents, which is near the national average. The property crime rate is 2165 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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