| ZIP Code | 94306 |
|---|---|
| City | Palo Alto |
| State | California (CA) |
| County | Santa Clara County |
| Area Code | 650 |
| Elevation | 53 ft |
| Latitude | 37.4162 |
|---|---|
| Longitude | -122.130858 |
| Timezone | Los Angeles (DST) |
| FIPS | 06085 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.0 yrs |
|---|---|
| Avg Household Size | 2.54 |
| Below Poverty | 8.7% ▼ 13% below avg |
| College Grads | 82.8% ▲ 114% above avg |
| Unemployment | 2.8% ▼ 42% below avg |
| No HS Diploma | 48 (0.3%) |
| HS Graduate | 1,128 (7.4%) |
| Some College | 393 (2.6%) |
| Associates | 1,046 (6.9%) |
| Bachelors | 727 (4.8%) |
| Graduate Degree | 11,817 (78%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $186,479 ▲ 144% above avg ↑ 30% since 2019 |
|---|---|
| Median Home Value | $2,000,000+ ▲ 617% above avg |
| Home/Income Ratio | 10.7x (nat avg ~3.5x) |
| Median Rent | $2,927/mo ↑ 22% since 2019 |
| Total Units | 11,853 |
| Vacant Units | 1,059 |
| Avg HH Size | 2.54 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 11,853 |
|---|---|
| Vacant | 1,059 |
| Owner Occupied | 52.2% |
| Renter Occupied | 47.8% |
| Avg HH Size | 2.54 |
ZIP code 94306 is located in Palo Alto, California, within Santa Clara County. With a population of 27,527, this is a moderately populated ZIP code with a middle-aged community — the median age is 41 years. Economically, 94306 is a affluent ZIP code: the median household income of $186,479 is more than double the national average.
Real estate in ZIP code 94306 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 $2,927 per month in median rent. The area has a relatively balanced mix of owners (52.2%) and renters (47.8%).
The population of 94306 is racially diverse, with White as the largest group at 45.3%. Residents are highly educated — 82.8% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects a relatively small share of residents at 8.7%. Household income has grown by 30% since 2019.
The unemployment rate in 94306 stands at 2.8%, which is below the national average. A notably high share of workers — 32% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 47%.
Overall, ZIP code 94306 in Palo Alto, CA is characterized as affluent, highly educated, and a middle-aged community. With 27,527 residents, a median household income of $186,479, and a median home value of $2,000,000+, it offers a clear picture of life in this part of California.