94306 ZIP Code – Palo Alto, California
94306 is a ZIP code serving Palo Alto, California in Santa Clara County with a population of approximately 27,785 residents. The median household income is $199,800 — well above the California average and well above the national average. At $2,000,001, median home values run well above the national average, with 52.6% owner-occupied housing (decreasing). , and the median rent of $2,945 is well above the national average. Housing consists of 64% single-family (decreasing), 31% apartments (increasing).
The unemployment rate is 2.8%, well below the national average. An estimated 8.7% of the population falls below the poverty line, below the national figure. An estimated 80.5% of adults hold a bachelor's degree or higher, well above the national average. The population has a median age of 41.0, near the national median. Neighboring ZIP codes include 94305, 94301, 94304.
ZIP Code 94306 Data
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ZIP 94306 vs. California vs. U.S.
| Metric | ZIP 94306 | CA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 27k | 22k | 10k |
| Median Household Income | $199k | $94k | $73k |
| Median Home Value | $2.0M | $698k | $258k |
| Median Rent | $2,945 | $1,805 | $1,088 |
| Median Age | 41.0 | 41.5 | 43.2 |
| Unemployment Rate | 2.8% | 7.2% | 5.0% |
| Poverty Rate | 8.7% | 13.5% | 13.3% |
| Bachelor's Degree or Higher | 80.5% | 34.4% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 94305 – Stanford
- 94301 – Palo Alto
- 94304 – Palo Alto
- 94303 – Palo Alto
- 94043 – Mountain View
- 94040 – Mountain View
- 94041 – Mountain View
- 94025 – Menlo Park
- 94022 – Los Altos
- 94027 – Atherton
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 94305 | STANFORD | 17,279 | $72,500 |
| 94301 | PALO ALTO | 17,259 | $217,611 |
| 94304 | PALO ALTO | 4,489 | $159,637 |
| 94303 | PALO ALTO | 47,989 | $144,259 |
| 94043 | MOUNTAIN VIEW | 32,670 | $174,416 |