Median Income
$214,118
household / year
Median Home Value
$2,000,001
owner-occupied
Median Rent
$3,169
gross / month
Cost of Living
113
national avg = 100

Is Palo Alto, CA a Good Place to Live?

Palo Alto is a mid-sized city of 67,901 in California, with a median household income of $214,118 and a 3.3% unemployment rate. Its cost of living index is 113 (US average = 100), which is 13% above the national average.

Strengths: Palo Alto stands out for lower-than-average crime, solid school ratings (A-), a well-educated population, short average commutes.

Trade-offs: Potential downsides include an above-average cost of living, high home prices. Whether Palo Alto is right for you depends on your priorities — the full breakdown is below.

All Palo Alto city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 112.9

Palo Alto's overall cost of living index is 112.9, where 100 represents the US national average. Living in Palo Alto costs roughly 13% more than the average American city.

Metric Palo Alto, CA National Avg
Median Home Value $2,000,001 $244,900
Median Monthly Rent $3,169 $1,163
Homeownership Rate 56.0% 65.9%
Median Household Income $214,118 $74,755

Crime & Safety

Safer than Average

Palo Alto's violent crime rate is 212.0 per 100,000 residents — 44% lower than the national average of ~380 per 100,000.

Violent Crime
212.0 /100k
Property Crime
3033.2 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Palo Alto is served primarily by Palo Alto Unified. The student-to-teacher ratio is 17.1:1 (slightly above the national average of ~16:1).

Metric Palo Alto, CA National Avg
School District Palo Alto Unified
Elementary Schools 13
Middle Schools 3
High Schools 3
Student/Teacher Ratio 17.1:1 16:1
Bachelor's Degree or Higher 82.2% 35.4%
High School Diploma or Higher 96.8% 91.1%

Weather & Climate

Palo Alto sees average highs of 57.8°F in January and 79.4°F in July, with 15.1 inches of annual precipitation .

MetricPalo Alto, CA
Average High — January57.8°F
Average High — July79.4°F
Annual Precipitation15.1"
Annual SnowfallTrace / None

Demographics

MetricPalo Alto, CANational Avg
Population67,901
Median Age42.338.9
Unemployment Rate3.3%3.7%
Avg Commute Time23.9 min26 min
White (non-Hispanic)50.9%59.3%
Black or African American2.1%13.6%
Hispanic or Latino5.7%18.9%
Asian34.8%6.3%
Under 1822.4%22.2%
65 and over19.3%16.8%

Nearby Cities

ZIP Codes in Palo Alto

Palo Alto, CA is covered by 4 ZIP codes:

Palo Alto vs Other Cities

Frequently Asked Questions

Palo Alto's cost of living index is 113, where 100 is the national average. That puts Palo Alto roughly 13% above the national average in cost. The median home price is $2,000,001 and median rent is $3,169/month.
Palo Alto's violent crime rate is 212.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 3033.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Palo Alto are operated by Palo Alto Unified. The district has 13 elementary, 3 middle, and 3 high schools. The student-to-teacher ratio is 17.1:1. 82.2% of adults 25+ hold a bachelor's degree or higher.
Palo Alto, CA has a population of 67,901, a median household income of $214,118, and an unemployment rate of 3.3%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Palo Alto averages 57.8°F in January and 79.4°F in July. Annual rainfall is 15.1 inches . Based on NOAA 30-year climate normals (1991–2020).
Palo Alto, CA is covered by 4 ZIP codes: 94303, 94306, 94304, 94301.
The population of Palo Alto, California is 67,901 with a median age of 42.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Palo Alto: cost of living index 113 (100 = US average), median home $2,000,001, median household income $214,118, crime index 91 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Palo Alto side by side with your current city to see the trade-offs.