Palo Alto, CA · standard

ZIP Code 94301

Santa Clara County, California — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

16,995
2,767/sq mi
$242,006
Median income
$2,000,001
Median home value
81.8%
Bachelor's or higher

The verdict

Palo Alto pairs a top-decile household income with top-decile home values, in a suburban-density, mixed-tenure area.

Top 1%
household income, US ZIPs
Top 1%
home value, US ZIPs
2,767
people per sq mi
53%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 94301 against every reporting US ZIP.

ZIP code 94301 is classified by USPS as a standard delivery area and covers roughly 6.1 square miles in Palo Alto, Santa Clara County, California. The area is home to 16,995 residents, producing a population density of 2,767 people per square mile, and falls within the Los Angeles time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 94301 against California and the nation.

On the economic side, the median household income for ZIP 94301 sits at $242,006 (138% above the California average), while per-capita income is $142,773. The poverty rate stands at 5.8% and the unemployment rate at 2.5%. On housing, the median home value is $2,000,001 (159% above the state average) with median rent at $3,300 per month, and 53.0% of occupied units are owner-occupied, a direct signal of whether 94301 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 81.8% of adults hold a bachelor's degree or higher, the median age is 46.7, and the average commute is 22 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Santa Clara County, so you can benchmark 94301 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 94301

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 94301.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 94301, Palo Alto, CA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

16,995

Population

6.1

Area (sq mi)

2,767

People / sq mi

Los Angeles

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 94301?

46.7

Median Age

46.5%

Male

53.5%

Female

31.9%

Foreign-Born

White 55.4%
African American 2.1%
Asian 26.3%
American Indian or Alaska Native 0.5%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 11.6%
Hispanic or Latino 8.9%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$242,006

Median Household Income

+138% vs state

$142,773

Per Capita Income

5.8%

Poverty Rate

2.5%

Unemployment Rate

21.8 min

Mean Commute Time

How ZIP 94301 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$242,006 Top 1% higher than 99% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). Below this entry. $160,000–$180,000: 364 US ZIPs (1%). Below this entry. $180,000–$200,000: 186 US ZIPs (1%). Below this entry. $200,000–$220,000: 324 US ZIPs (1%). This entry sits in this band. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 86.6%
Bachelor's Degree or Higher 81.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

8,429

Total Housing Units

7,167

Occupied Units

1,262

Vacant Units

2.40

Avg Household Size

Occupancy Type

Owner 53.0%
Renter 47.0%

$2,000,001

Median Home Value

+159% vs state

$3,300

Median Rent

1957

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+7.7%

YoY Change (2021)

102

HPI Index (2000 = 100)

+2%

Total Change Since 2000

Home values in ZIP 94301 have increased 7.7% over the past year (2021). Since 2000, this ZIP has seen +2% cumulative appreciation.

Year Annual Change HPI Index
2020 94
2021 +7.7% 102

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2021. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 1,254 business establishments in ZIP 94301, employing approximately 25,414 people with a combined annual payroll of $4,983,911,000.

1,254

Businesses

25,414

Employees

$5.0B

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 294 23.4%
Finance and insurance 158 12.6%
Health care and social assistance 156 12.4%
Accommodation and food services 129 10.3%
Information 112 8.9%
Real estate and rental and leasing 92 7.3%
Retail trade 82 6.5%
Other services (except public administration) 66 5.3%
Manufacturing 25 2.0%
Wholesale trade 24 1.9%
Administrative and support and waste management and remediation services 24 1.9%
Management of companies and enterprises 23 1.8%
Educational services 22 1.8%
Construction 18 1.4%
Arts, entertainment, and recreation 18 1.4%
Transportation and warehousing 6 0.5%
Utilities 3 0.2%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 94301 vs 94303 →

ZIP 94301 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 94301 ranks #8 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 94301 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 94301 ranks #3 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
94303 Palo Alto, CA 45,467 1.7 mi
94025 Menlo Park, CA 40,526 1.8 mi
94306 Palo Alto, CA 26,469 2.2 mi
94305 Stanford, CA 13,862 2.2 mi
94027 Atherton, CA 7,089 3.0 mi
94304 Palo Alto, CA 3,627 4.5 mi
94022 Los Altos, CA 18,500 6.0 mi
94061 Redwood City, CA 36,245 4.9 mi
94043 Mountain View, CA 28,358 4.7 mi
94063 Redwood City, CA 30,949 4.7 mi

More ZIP Codes in Santa Clara County

Frequently Asked Questions

What county is ZIP code 94301 in?
ZIP code 94301 (Palo Alto) is located in Santa Clara County, California. Santa Clara County contains multiple ZIP codes, see the full list at /counties/santa-clara-ca.
What is the population of ZIP code 94301?
ZIP code 94301 in Palo Alto, CA has a population of 16,995 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 94301?
The median household income in ZIP 94301 is $242,006, which is 217% above the national average of $76,288.
What is the average home value in ZIP 94301?
The median home value in ZIP 94301 is $2,000,001, which is 619% above the national average of $278,155.
What is the demographic makeup of ZIP 94301?
The largest racial group in ZIP 94301 is White at 55.4%. Hispanic or Latino residents make up 8.9% of the population.
How many businesses are in ZIP code 94301?
ZIP code 94301 has 1,254 business establishments employing approximately 25,414 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 94301?
The top industries by establishment count in ZIP 94301 are: Professional, scientific, and technical services (294), Finance and insurance (158), Health care and social assistance (156). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 94301?
According to the FHFA House Price Index, home values in ZIP 94301 increased by 7.7% in 2021. Since 2000, home values in this ZIP have appreciated by approximately 2%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 94301?
In ZIP code 94301, 86.6% of residents aged 25+ have a high school diploma or higher, and 81.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 94301?
The mean commute time for workers in ZIP code 94301 is 21.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 94301?
In ZIP code 94301, approximately 53.0% of occupied housing units are owner-occupied and 47.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 94301?
The poverty rate in ZIP code 94301 is 5.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Palo Alto, CA

Verify and explore additional data for this area using these official government sources.