PlainZIP

Palo Alto, CA · standard

ZIP Code 94306

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

26,469
2,437/sq mi
$210,000
Median income
$2,000,000+
Median home value
80.9%
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
2,437
people per sq mi
53%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 94306 against every reporting US ZIP.

ZIP code 94306 is a densely settled ZIP (a standard USPS delivery area) in Palo Alto, Santa Clara County, California, with 26,469 residents across 10.9 square miles, a density of 2,437 people per square mile, in the Los Angeles time zone.

ZIP 94306 skews affluent, with a median household income of $210,000 (107% above the California average), while per-capita income is $114,197. 8.9% of residents live below the poverty line, and the unemployment rate reads 2.8%. On housing, the median home value is $2,000,000+ (159% above the state average) with median rent at $2,994 per month, and 52.6% of occupied units are owner-occupied.

This is a highly-educated ZIP: 80.9% of adults hold a bachelor's degree or higher, the median age is 42.3, and the average commute is 22 minutes. To put 94306 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Santa Clara County, for a geography-aware comparison.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 94306

Top 5 sectors by establishment count in Palo Alto, CA

Which industries have the most business establishments in ZIP 94306.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 94306, Palo Alto, CA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

26,469

Population

10.9

Area (sq mi)

2,437

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 94306?

42.3

Median Age

48.5%

Male

51.5%

Female

36.5%

Foreign-Born

White 43.7%
African American 1.5%
Asian 39.8%
American Indian or Alaska Native 0.5%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 9.9%
Hispanic or Latino 8.5%

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?

$210,000

Median Household Income

+107% vs state

$114,197

Per Capita Income

8.9%

Poverty Rate

2.8%

Unemployment Rate

22.0 min

Mean Commute Time

How ZIP 94306 ranks nationally

Palo Alto, CA household income vs. every US ZIP code

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

$210,000 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 86.4%
Bachelor's Degree or Higher 80.9%

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

What does housing look like?

11,744

Total Housing Units

10,640

Occupied Units

1,104

Vacant Units

2.55

Avg Household Size

Occupancy Type

Owner 52.6%
Renter 47.4%

$2,000,000+

Median Home Value

+159% vs state

$2,994

Median Rent

1963

Median Year Built

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

How have home values changed over time?

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

+0.7%

YoY Change (2022)

121

HPI Index (2000 = 100)

+21%

Total Change Since 2000

Home values in ZIP 94306 have increased 0.7% over the past year (2022). Since 2000, this ZIP has seen +21% cumulative appreciation.

Year Annual Change HPI Index
2016 +8.6% 208
2017 -39.7% 125
2020 – 120
2021 -0.1% 120
2022 +0.7% 121

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 2022. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 1,079 business establishments in ZIP 94306, employing approximately 16,926 people with a combined annual payroll of $2,798,946,000.

1,079

Businesses

16,926

Employees

$2.8B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 313 29.0%
Health care and social assistance 156 14.5%
Accommodation and food services 101 9.4%
Information 97 9.0%
Other services (except public administration) 77 7.1%
Finance and insurance 63 5.8%
Real estate and rental and leasing 59 5.5%
Retail trade 51 4.7%
Educational services 48 4.5%
Construction 30 2.8%
Administrative and support and waste management and remediation services 22 2.0%
Arts, entertainment, and recreation 21 1.9%
Manufacturing 19 1.8%
Wholesale trade 11 1.0%
Transportation and warehousing 5 0.5%
Management of companies and enterprises 4 0.4%

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 94306 vs 94305 →

ZIP 94306 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 94306 ranks #5 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 94306 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 94306 ranks #5 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
94305 Stanford, CA 13,862 2.2 mi
94303 Palo Alto, CA 45,467 2.5 mi
94301 Palo Alto, CA 16,995 2.2 mi
94043 Mountain View, CA 28,358 3.3 mi
94022 Los Altos, CA 18,500 4.1 mi
94304 Palo Alto, CA 3,627 3.3 mi
94040 Mountain View, CA 32,996 3.5 mi
94041 Mountain View, CA 13,292 3.6 mi
94025 Menlo Park, CA 40,526 4.0 mi
94024 Los Altos, CA 22,385 4.8 mi

More ZIP Codes in Santa Clara County

95035 standard
Milpitas, CA
Pop: 66,943
95123 standard
San Jose, CA
Pop: 62,228
95127 standard
San Jose, CA
Pop: 61,325
95014 standard
Cupertino, CA
Pop: 60,717
95111 standard
San Jose, CA
Pop: 58,466
95020 standard
Gilroy, CA
Pop: 57,349

Related Areas

Santa Clara County Palo Alto, CA California

Frequently Asked Questions

What county is ZIP code 94306 in? ▼
ZIP code 94306 (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 94306? ▼
ZIP code 94306 in Palo Alto, CA has a population of 26,469 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 94306? ▼
The median household income in ZIP 94306 is $210,000, which is 175% above the national average of $76,288.
What is the average home value in ZIP 94306? ▼
The median home value in ZIP 94306 is $2,000,000+, which is 619% above the national average of $278,155.
What is the demographic makeup of ZIP 94306? ▼
The largest racial group in ZIP 94306 is White at 43.7%. Hispanic or Latino residents make up 8.5% of the population.
How many businesses are in ZIP code 94306? ▼
ZIP code 94306 has 1,079 business establishments employing approximately 16,926 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 94306? ▼
The top industries by establishment count in ZIP 94306 are: Professional, scientific, and technical services (313), Health care and social assistance (156), Accommodation and food services (101). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 94306? ▼
According to the FHFA House Price Index, home values in ZIP 94306 increased by 0.7% in 2022. Since 2000, home values in this ZIP have appreciated by approximately 21%. 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 94306? ▼
In ZIP code 94306, 86.4% of residents aged 25+ have a high school diploma or higher, and 80.9% 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 94306? ▼
The mean commute time for workers in ZIP code 94306 is 22.0 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 94306? ▼
In ZIP code 94306, approximately 52.6% of occupied housing units are owner-occupied and 47.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 94306? ▼
The poverty rate in ZIP code 94306 is 8.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.