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

Population 27,785
Median Household Income $199,800
Median Home Value $2,000,001
Median Rent $2,945
Median Age 41.0
Unemployment Rate 2.8%
Poverty Rate 8.7%
Bachelor's Degree or Higher 80.5%
State California

ZIP 94306 vs. California vs. U.S.

MetricZIP 94306CA Avg.U.S. Avg.
Population27k22k10k
Median Household Income$199k$94k$73k
Median Home Value$2.0M$698k$258k
Median Rent$2,945$1,805$1,088
Median Age41.041.543.2
Unemployment Rate2.8%7.2%5.0%
Poverty Rate8.7%13.5%13.3%
Bachelor's Degree or Higher80.5%34.4%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

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