Palo Alto, CA

Housing, demographics, economy, and public safety data for Palo Alto, California. Updated just now.

Housing

Median Home Sale Price

Zillow Home Value Index for middle-tier homes.

▲ +5.8% YoY

$3.6M

Trend YoY growth is +5.8%, slowing by 2 bps/year over the last 25Y. Deviations have remained below trend for 9 consecutive periods. Latest: +2.0%, 3.8 pp below trend, a 0.3σ deviation. The latest YoY reading is depressed by 1.7 pp due to an tough comparison base from Feb '25.

Level

YoY %

y = 6.3% 2 bps/yr · t

Deviation from trend

Median Rent

Zillow Observed Rent Index for all home types.

▲ +3.7% YoY

3.9kUSD/mo

Trend YoY growth is +3.7%, accelerating by 38 bps/year over the last 10Y. Deviations have remained above trend for 8 consecutive periods. Latest: +6.5%, 2.8 pp above trend, a 0.8σ deviation. The latest YoY reading is boosted by 68 bps due to an easy comparison base from Feb '25.

Level

YoY %

y = 0.0% + 38 bps/yr · t

Deviation from trend

Demographics

Population

Total population estimate, ACS 5-year survey.

▼ -0.4% YoY

67.2kpeople

Trend YoY growth is -0.4%, slowing by 16 bps/year over the last 12Y. Latest: -1.0%, 58 bps below trend, a 0.8σ deviation. The latest YoY reading is boosted by 80 bps due to an easy comparison base from 2022.

Level

YoY %

y = 1.6% 16 bps/yr · t

Deviation from trend

Median Household Income

Median income of all households in the past 12 months.

▲ +8.7% YoY

$220.4k

Trend YoY growth is +8.7%, accelerating by 65 bps/year over the last 12Y. Latest: +2.9%, 5.8 pp below trend, a 1.8σ deviation. The latest YoY reading is depressed by 1.9 pp due to an tough comparison base from 2022.

Level

YoY %

y = 0.9% + 65 bps/yr · t

Deviation from trend

Educational Attainment

Share of adults 25+ with a bachelor's degree or higher.

▲ +0.1% YoY

82.4%

Trend YoY growth is +0.1%, slowing by 3.5 pp/year over the last 10Y. Latest: +0.2%, 11 bps above trend, a 0.3σ deviation. The latest YoY reading is boosted by 62 bps due to an easy comparison base from 2022.

Level

YoY Change (bps)

y = 0.4% 4 bps/yr · t

Deviation from trend

Median Age

Median age of the total population.

▲ +0.5% YoY

42.50years

Trend YoY growth is +0.5%, accelerating by 4 bps/year over the last 12Y. Latest: +0.5%, 1 bps above trend, a 0.0σ deviation. The latest YoY reading is depressed by 77 bps due to an tough comparison base from 2022.

Level

YoY %

y = 0.0% + 4 bps/yr · t

Deviation from trend

Single-Parent Households

Families with a single parent and children under 18, as a share of all families.

Palo Alto (Census ACS B11003)

▼ -0.7% YoY

6.5%

Trend YoY growth is -0.7%, slowing by 11.4 pp/year over the last 10Y. Latest: -0.5%, 16 bps above trend, a 0.3σ deviation. The latest YoY reading is depressed by 1.3 pp due to an tough comparison base from 2022.

Level

YoY Change (bps)

y = 0.5% 11 bps/yr · t

Deviation from trend

Economy

Median Earnings

Median earnings for full-time, year-round workers 16+.

▲ +8.9% YoY

$128.8k

Trend YoY growth is +8.9%, accelerating by 71 bps/year over the last 12Y. Latest: +8.2%, 68 bps below trend, a 0.3σ deviation. The latest YoY reading is depressed by 3.1 pp due to an tough comparison base from 2022.

Level

YoY %

y = 0.4% + 71 bps/yr · t

Deviation from trend

Public Safety