Palo Alto, CA
67,237Residents
$231,101Median household income
$3,484/moMedian gross rent
$2,000,001Median home value
43.6Median age
82%Adults with a bachelor’s degree or higher
55%Homes lived in by their owners
8.7×Home value to household income
Median rent takes about 18% of the median household income in Palo Alto.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $139,000 a year. In California that leaves roughly $8,045 a month after tax. See the full paycheck breakdown for $140,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.