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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Palo Alto, California, is 2.80%, with job growth of 3.34%. Future job growth over the next ten years is predicted to be 43.89%.

Palo Alto, California Taxes
Palo Alto, California,sales tax rate is 8.75%. Income tax is 8.00%.

Palo Alto, California Income and Salaries

The income per capita is $75,257, which includes all adults and children. The median household income is $126,771.


  ECONOMYPalo Alto, CaliforniaUnited States
  Unemployment Rate  2.80%5.20%
  Recent Job Growth  3.34%1.59%
  Future Job Growth  43.89%37.98%
  Sales Taxes  8.75%6.00%
  Income Taxes  8.00%4.60%
  Income per Cap.  $75,257$28,555
  Household Income  $126,771$53,482
  Family Median Income  $167,440$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting  0.08%1.35%
  Mining, quarrying, oil and gas extraction  0.25%0.61%
  Construction  1.50%6.19%
  Manufacturing  13.07%10.41%
  Wholesale trade  1.16%2.72%
  Retail trade  5.30%11.55%
  Transportation and warehousing  0.88%4.11%
  Utilities  00
  Information  7.94%2.12%
  Finance and insurance  4.55%4.69%
  Real estate, rental, leasing  1.54%1.89%
  Professional, scientific, technical services  25.37%6.68%
  Management of companies  0.09%0.08%
  Administrative, support, waste mgt svcs  1.65%4.27%
  Educational services  14.62%9.34%
  Health care and social assistance  11.85%13.81%
  Arts, entertainment, recreation  2.01%2.16%
  Accommodation, food services  3.60%7.44%
  Other services  2.93%4.94%
  Public administration  1.56%4.80%
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  ECONOMY MAP

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Wonderful place to live, except for the cost of li - 4/2/2009
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)

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Cost of Living - 11/24/2008
Very... (Read More)

Public transit - 12/19/2007
VTA and SamsTrans and Caltrain all provide good service and most times frequency of service is... (Read More)


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