| ZIP Code | 94304 |
|---|---|
| City | Palo Alto |
| State | California (CA) |
| County | Santa Clara County |
| Area Code | 650 |
| Elevation | 498 ft |
| Latitude | 37.397253 |
|---|---|
| Longitude | -122.166979 |
| Timezone | Los Angeles (DST) |
| FIPS | 06085 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.7 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 2.12 |
| Below Poverty | 5.3% ▼ 47% below avg |
| College Grads | 76.2% ▲ 97% above avg |
| Unemployment | 2.3% ▼ 53% below avg |
| No HS Diploma | 35 (1.4%) |
| HS Graduate | 281 (10.9%) |
| Some College | 77 (3%) |
| Associates | 222 (8.6%) |
| Bachelors | 58 (2.2%) |
| Graduate Degree | 1,915 (74%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $162,569 ▲ 113% above avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $2,000,000+ ▲ 617% above avg |
| Home/Income Ratio | 12.3x (nat avg ~3.5x) |
| Median Rent | $3,496/mo ↑ 18% since 2019 |
| Total Units | 2,490 |
| Vacant Units | 373 |
| Avg HH Size | 2.12 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,490 |
|---|---|
| Vacant | 373 |
| Owner Occupied | 24.2% |
| Renter Occupied | 75.8% |
| Avg HH Size | 2.12 |
ZIP code 94304 is located in Palo Alto, California, within Santa Clara County. With a population of 4,731, this is a lightly populated ZIP code with a middle-aged community — the median age is 40.7 years. Economically, 94304 is a affluent ZIP code: the median household income of $162,569 is more than double the national average.
Real estate in ZIP code 94304 represents among the most expensive housing markets in the country. The median home value of $2,000,000+ is more than double the national average. Renters can expect to pay around $3,496 per month in median rent. This is predominantly a renter community, with 75.8% of occupied units rented — typical of urban and transitional neighborhoods.
The population of 94304 is majority White (54.89%). Residents are highly educated — 76.2% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 5.3%. Household income has grown by 25% since 2019.
The unemployment rate in 94304 stands at 2.3%, which is well below the national average. About 19% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 36%.
Overall, ZIP code 94304 in Palo Alto, CA is characterized as affluent, highly educated, and a middle-aged community. With 4,731 residents, a median household income of $162,569, and a median home value of $2,000,000+, it offers a clear picture of life in this part of California.