94306 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 94306 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateCalifornia
CityPalo Alto
Time ZoneAmerica/Los_Angeles
Geo Location37.41571, -122.13078
Population28394
Size10.861 square miles
Median Family Income$231754.00
Median Home Value$2,000,000+.00

Population & Demographics

The following information lists the population statistics and breakdown for the 94306 zip code. The total population is 28394, of which, 13397 are male and 14997 are female. With a total area of 10.861 square miles, the population density is 2526.1 people per square mile. The median age of the population is 40.7 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201126309
201226448
201327236
201427094
201527583
201627259
201727902
201827549
201927435
202027650
202128394

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 13524.8%
Age 5-916275.7%
Age 10-1421697.6%
Age 15-1917976.3%
Age 20-2417316.1
Age 25-2919416.8%
Age 30-3414605.1%
Age 35-3918716.6%
Age 40-441834 6.5%
Age 45-4921937.7%
Age 50-5418306.4%
Age 55-5919927%
Age 60-6415445.4%
Age 65-6914034.9%
Age 70-7412834.5%
Age 75-797062.5%
Age 80-847572.7%
Age 85 and over9043.2%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 41.4 %
  • Speaks Spanish: 4.5 %
  • Speaks Other Indo-European Language: 11 %
  • Speaks Pacific Island Languages: 23.9 %
  • Speak Other Languages: 2 %
Marital Status: 
  • Currently Married: 55.6 %
  • Divorced: 8.4 %
  • Separated (not divorced): 0.8 %
  • Never Married: 30.8 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 94306 zip code is $231754. This is 163.94% greater than the national average. This income places 6.9% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $47707. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0058
$10,000.00 – $14,999.00131
$15,000.00 – $24,999.00157
$25,000.00 – $34,999.00100
$35,000.00 – $49,999.00249
$50,000.00 – $74,999.00378
$75,000.00 – $99,999.00368
$100,000.00 – $149,999.00879
$150,000.00 – $199,999,00642
$200,000.00 +4108

YearMedian Family Income ($ USD)
2011143159
2012145853
2013148150
2014150401
2015155802
2016154883
2017161728
2018191566
2019190482
2020220024
2021231754

Income Source# of Households
Wage or Salary8274
Self Employment1624
Social Security2856
Dividends, Interest, or Rental5007
Retirement2038
Other814

Total Insured & Uninsured Individuals: 
  • Families Insure: 27692
  • Families Uninsured: 659
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 2038
  • No retirement income: 8660

Education

In the 94306 zip code, 96.9% of individuals over 25 years old have a high school degree or higher, and 81.4% have a bachelors degree or higher. Additionally, 22.8% of individuals 3 years and older are in private school, and 77.2% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 94306 zip, there are an estimated 14825 people in the labor force, of which, 14348 are employed, and 477 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 23.6 minutes. Of the total people that work, 3318 worked from home and 14079 commuted. The average number of hours worked is 39.4. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts11045
Services899
Sales and Office1795
Construction and Maintenance:331
Transportation and Material Moving278





Housing

The median home value for the 94306 zip code is 2,000,000+. There is an estimated  10698 number of occupied housing units, the median gross rent in is $2667 per month, and the average monthly housing costs are estimated to be $2790. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00063
$50,000 – $99,00014
$100,000 – $149,99913
$150,000 – $199,99938
$200,000 – $299,99962
$300,000 – $499,99947
$500,000 – $999,999288
$1,000,000+5297

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019493
2000 – 2009695
1980 – 19991495
1960 – 19792688
1940 – 19594543
1939 or earlier784

The median number of rooms in all housing units is 5 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500438
$500 – $999228
$1,000 – $1,499168
$1,500 – $1,999412
$2,000 – $2,499953
$2,499 – $2,999572
$3,000 + 2010

Monthly Housing Costs ($)Number of Households
Less than 300193
300-499622
500-799695
800-999428
1000-1499777
1500-1999731
2000-24991351
2500-2999871
3000+4935

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1608
20%-24.9%408
25%-29.9%511
30%-34.9%161
35+%750



# of VehiclesHouseholds
None669
13516
24331
3+2182
Home Heating Characteristics: 
  • Utility Gas: 71.1 %
  • Bottle Tank or LP Gas: 1 %
  • Electricity: 26.5 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 0.9 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.