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2024 Compare Cities Economy:
Palo Alto, CA vs San Mateo, CA

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Highlights
- Household income in San Mateo, is 31% less than it is in Palo Alto and is 48% above the National Average.
- Palo Alto unemployment rate is 3.5%.
- San Mateo unemployment rate is 4.4%.

Economy
 Palo Alto, CASan Mateo, CAUnited States
 Unemployment Rate3.5%4.4%6.0%
 Recent Job Growth2.5%1.3%1.6%
 Future Job Growth40.5%38.7%33.5%
 Sales Taxes9.0%9.0%6.2%
 Income Taxes8.0%8.0%4.6%
 Income per Cap.$105,070$71,429$37,638
 Household Income$194,782$133,612$69,021
 Family Median Income$241,579$161,686$85,028
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 Est. Households By Income
 Palo Alto, CASan Mateo, CAUnited States
 Income Less Than 15K5.2%4.9%9.4%
 Income between 15K and 20K1.3%1.4%3.8%
 Income between 20K and 30K3.1%4.7%8.1%
 Income between 30K and 40K2.6%4.8%8.0%
 Income between 40K and 50K2.9%3.8%7.6%
 Income between 50K and 60K2.6%3.6%7.2%
 Income between 60K and 75K4.6%5.7%9.6%
 Income between 75K and 100K5.4%9.4%12.8%
 Income between 100K and 150K12.8%16.4%16.3%
 Income between 150K and 200K9.9%12.5%7.8%
 Income greater than 200K49.5%32.7%9.5%
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 Population By Occupation
 Palo Alto, CASan Mateo, CAUnited States
 Management, business, finance26.5%25.5%16.4%
 Engineering, computers, science29.0%16.1%6.5%
 Community, social services1.0%0.9%1.8%
 Legal3.7%1.5%1.2%
 Education, library10.2%5.1%6.2%
 Arts, design, media, sports, entertainment3.5%2.9%2.0%
 Healthcare practitioners and technology5.9%5.2%6.2%
 Healthcare support1.1%2.4%3.3%
 Firefighters, law enforcement0.6%0.9%2.1%
 Food preparation, serving1.6%4.3%5.4%
 Building maintenance0.4%3.2%3.6%
 Personal care2.3%2.5%2.6%
 Sales, office, administrative support10.0%17.2%20.9%
 Farming, fishing, forestry0.1%0.4%0.6%
 Construction, extraction, maintenance/repair1.6%5.4%8.1%
 Production, transportation, material moving2.5%6.5%13.1%

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Reviews for Palo Alto    8 Reviews

The Bay Area in general, but Palo Alto specifically provides many of the qualities sought by many; the climate is beautiful, there is access to cultural and recreational  More

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Over 16 years ago

Very  More

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Over 17 years ago

VTA and SamsTrans and Caltrain all provide good service and most times frequency of service is  More

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Reviews for San Mateo    12 Reviews

I have lived in San Mateo since 2013. It has seen tremendous growth, lots of new restaurants which have become progressively more high-end though there is ample  More

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I'm a native of California. I have lived in the southern part of the state and the northern part of the state for most of my life. I have spent the last 29 years in  More

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Over 14 years ago

San Mateo has a diverse mix of people, a pleasant climate, a very pleasant downtown park with lots going on, and pretty much whatever you need handy. It's not far to  More

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ZIPS IN PALO ALTO, CALIFORNIA
94306 94301 94304
ZIPS IN SAN MATEO, CALIFORNIA
94403 94401 94402

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