Area data
Palo alto, CA — ZIP 94306
Population: 27,183 (Census ACS)
Home values & appreciation
- Median home value
- $3.37M
- 1-year appreciation
- +4.6%
- 3-year appreciation
- +15.8%
- 5-year appreciation
- +20.1%
- 10-year appreciation
- +54.3%
- All-time peak (2026-01)
- $3.43M
- House Price Index
- 417.4 (-0.8% YoY)
Market activity
- Median sale price
- $2.81M
- Median list price
- $2.49M
- Median days on market
- 44 days
- Sale-to-list ratio
- 98.2%
- Active listings
- 1
- 1-year forecast
- -0.4%
- Days to pending
- 27 days
- New listings (monthly)
- 18
Rents
- Typical rent
- $4,286/mo
- 1-year rent change
- +7.6%
- 1BR fair-market rent
- $3,240/mo
- 3BR fair-market rent
- $5,010/mo
Affordability
- Cost of living index (High)
- 113.3 (100 = US avg)
- Electricity rate (state-level)
- 32.5¢/kWh
- Natural gas rate (state-level)
- $22.00/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 8
- Elementary schools
- 5
- Middle schools
- 2
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Very High
- Top hazards
- earthquake, inlandFlooding, coastalFlooding, drought, heatWave
- FEMA flood zone
- AH
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 60.0°F
- Average high
- 69.0°F
- Average low
- 50.0°F
- Annual precipitation
- 31.1 in
- Annual snowfall
- 0.5 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 43
- Days with Good air quality
- 240
Walkability & transit
- Walkability index
- 18.8 / 20
- Transit service frequency
- 145
Amenities
- National parks within ~60 mi
- 10
- Nearest national park
- Eugene O'Neill National Historic Site (29 mi)
- Nearest airport
- Palo Alto Airport (PAO) (3 mi)
- Nearest major airport
- Palo Alto Airport (PAO) (3 mi)
- Hospitals nearby (~15 mi)
- 17
- Avg hospital rating
- 3.7 / 5
- EV charging stations (within 10 mi)
- 210
- Solar radiation rating
- Good (5.0 kWh/m²/day)
Migration
- Net migration
- -12,496 tax filers
Housing stock
- Median year housing built
- 1,963
- Median annual property tax
- $10,001
- Mean commute to work
- 15 min
- Households with broadband internet
- 88.1%
Employment & development
- Total county employment
- 1,025,254
- Average weekly wage
- $3,486
- Top industries (by employment)
- Professional Services, Health Care, Information
- Annual residential building permits (county)
- 1,919
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →