Palo Alto, California 

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Economy in Palo Alto, California

Palo Alto has an unemployment rate of 2.8%. The US average is 5.2%.

Palo Alto has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 43.9%, which is higher than the US average of 38.0%.

Tax Rates for Palo Alto
- The Sales Tax Rate for Palo Alto is 8.8%. The US average is 6.0%.
- The Income Tax Rate for Palo Alto is 8.0%. The US average is 4.6%.

Income and Salaries for Palo Alto
- The average income of a Palo Alto resident is $75,257 a year. The US average is $28,555 a year.
- The Median household income of a Palo Alto resident is $126,771 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

Download .xls

  ECONOMYPalo Alto, CaliforniaUnited States
  Unemployment Rate2.8%5.2%
  Recent Job Growth3.3%1.6%
  Future Job Growth43.9%38.0%
  Sales Taxes8.8%6.0%
  Income Taxes0.080.046
  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, hunting0.1%1.3%
  Mining, quarrying, oil and gas extraction0.3%0.6%
  Construction1.5%6.2%
  Manufacturing13.1%10.4%
  Wholesale trade1.2%2.7%
  Retail trade5.3%11.6%
  Transportation and warehousing0.9%4.1%
  Utilities00
  Information7.9%2.1%
  Finance and insurance4.6%4.7%
  Real estate, rental, leasing1.5%1.9%
  Professional, scientific, technical services25.4%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs1.7%4.3%
  Educational services14.6%9.3%
  Health care and social assistance11.8%13.8%
  Arts, entertainment, recreation2.0%2.2%
  Accommodation, food services3.6%7.4%
  Other services2.9%4.9%
  Public administration1.6%4.8%
ECONOMY MAP
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    Reviews for Palo Alto    8 Reviews
    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

    Start Your Review of Palo Alto


    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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    MAPS OF PALO ALTO, CALIFORNIA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Palo_Alto,California Map
    ZIP CODES IN PALO ALTO, CALIFORNIA
    94306 94301 94304
      

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