Economy in Palo Alto, California
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Economy
| Unemployment Rate | 5.60% | 9.10% |
| Recent Job Growth | -0.08% | -0.12% |
| Future Job Growth | 34.24% | 31.25% |
| Sales Taxes | 8.25% | 6.80% |
| Income Taxes | 9.30% | 6.25% |
| Income per Cap. | $63,500 | $27,067 |
| Household Income | $106,237 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.67% | 12.10% |
| Income between 15K and 25K | 5.39% | 10.18% |
| Income between 25K and 35K | 4.41% | 10.56% |
| Income between 35K and 50K | 7.75% | 14.98% |
| Income between 50K and 75K | 12.20% | 19.53% |
| Income between 75K and 100K | 10.89% | 12.52% |
| Income between 100K and 150K | 18.75% | 12.14% |
| Income between 150K and 250K | 11.17% | 3.91% |
| Income between 250K and 500K | 17.13% | 3.34% |
| Income greater than 500K | 5.65% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 26.69% | 13.81% |
| Professional and Related Occupations | 50.74% | 22.68% |
| Service | 5.91% | 14.51% |
| Sales and Office | 14.16% | 25.22% |
| Farming, Fishing, and Forestry | 0.01% | 0.68% |
| Construction, Extraction, and Maintenance | 2.07% | 9.37% |
| Production, Transportation, and Material Moving | 2.78% | 15.86% |
The unemployment rate in Palo Alto, CA, is 5.60%, with job growth of -0.08%. Future job growth over the next ten years is predicted to be 34.24%.
Palo Alto, CA Taxes
Palo Alto, CA,sales tax rate is 8.25%. Income tax is 9.30%.
Palo Alto, CA Income and Salaries
The income per capita is $63,500, which includes all adults and children. The median household income is $106,237.
Palo Alto Economy SperlingViews
Public transit: VTA and SamsTrans and Caltrain all provide good service and most times frequency of service is... (read more)CLIMATE IN PALO ALTO: GREAT ALL YEAR ROUND. SOMETIMES A LITTLE WET FOR LOCATIONS CLOSE TO CREEK DURING FALL/WINTER MONTHS (RAINING... (read more)Wonderful place to live, except for the cost of li: 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... (read more)Have an opinion about Palo Alto? Leave a commentTo See All SperlingViews for Palo Alto Click Here
