94304 Zip Code

April 20, 2024

Zip Code:	94304
City/Town:	Palo Alto
State:	California

Population:	3,627
Per Capita Income:	$72,262
Mean Household Income:	$115,483

Total Housing Units:	1,872
Median Home Value:	$1
Median Year Homes Built:	1970

Land Area:	6.5 sq miles 16.8 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (94304 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

3,627

Male:

1,745

48.1%

49.2%

Female:

1,882

51.9%

50.8%

Median Age:

39.6 yrs

37.2 yrs

Under 5 years:

243

6.7%

6.5%

5 to 9 years:

173

2.2%

6.6%

10 to 19 years:

175

4.8%

13.8%

20 to 29 years:

427

11.8%

13.8%

30 to 39 years:

816

22.5%

13.0%

40 to 49 years:

413

11.4%

14.2%

50 to 59 years:

295

8.1%

13.6%

60 to 69 years:

231

6.4%

9.4%

70 to 79 years:

244

6.7%

5.4%

80 years and over:

610

16.8%

3.7%

Housing Information (94304 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$119,600

Median year homes build:

1970

1971

Median real estate taxes:

$5,435 / yr.

$1,334 / yr.

Median rent:

$1,924 / mo.

$519 / mo.

Total households:

1,872

Family households:

839

44.8%

66.4%

Nonfamily households:

1,033

55.2%

33.6%

Households with individuals under 18 years:

369

19.7%

33.4%

Households with individuals 65 years and over:

663

35.4%

24.9%

Average household size:

1.9

Average family size:

2.7

Total housing units:

2,130

Occupied housing units:

1,872

87.9%

88.6%

Vacant housing units:

258

12.1%

11.4%

For rent:

154

7.2%

3.1%

Rented, not occupied:

1.9%

0.2%

For sale only:

0.0%

1.4%

Sold, not occupied:

0.0%

0.3%

For seasonal, recreational, or occasional use:

1.9%

3.5%

All other vacants:

1.0%

2.8%

Homeowner vacancy rate:

0.3%

2.4%

Rental vacancy rate:

8.7%

9.2%

Owner-occupied housing units:

298

Population in owner-occupied housing units:

577

Average household size of owner-occupied units:

1.9

2.65

Renter-occupied housing units:

1,574

Population in renter-occupied housing units:

2,887

Average household size of renter-occupied units:

1.8

2.44

Educational Attainment (94304 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,407

Less than 9th grade:

0.6%

6.2%

9th to 12th grade, no diploma:

0.6%

8.7%

High school graduate (includes equivalency):

4.1%

29.0%

Some college, no degree:

195

13.9%

20.6%

Associate degree:

1.6%

7.5%

Bachelor's degree:

385

27.4%

17.6%

Graduate or professional degree:

732

52.0%

10.3%

Percent high school graduate or higher:

98.9%

85.0%

Percent bachelor's degree or higher:

79.4%

27.9%

Income Information (94304 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

731

20.2%

50.4%

Median income:

$64,531 / yr.

$27,932 / yr.

Full-time, year-round workers:

368

10.1%

59.7%

Median income:

$72,237 / yr.

$38,349 / yr.

Females 15 years and over with income:

574

15.8%

49.6%

Median income:

$39,327 / yr.

$16,327 / yr.

Full-time, year-round workers:

201

5.5%

40.3%

Median income:

$50,074 / yr.

$28,135 / yr.

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