Palo Alto California Real Estate
Palo Alto, California, is located in Santa Clara County, of , and 16 miles NW of San Jose, California. Palo Alto has a population of 58,598.
Palo Alto Homes
Palo Alto properties pool is 25,327 residential properties including Palo Alto new homes. Median age of real estate in Palo Alto is 1957. Average Household size is 2.95 people. 4% are one bedroom homes, 16% are 2 bedroom homes, 43% are 3 bedroom homes, 28% are 4 bedroom homes, and 8% are 5+ bedroom homes.
Palo Alto Mortgage Statistics
Palo Alto mortgages vs. USA median statistics
| Homes |
Palo Alto |
USA |
| Homes With No Mortgage |
31% |
30% |
| Homes With Mortgage |
69% |
70% |
| First Mortgage Only |
51% |
54% |
| First & Second Mortgage or HELOC |
17% |
16% |
Palo Alto Area Real Estate Tax
Palo Alto Real estate Tax: Median Real Estate Taxes (2000) were $2,936 comparing to 1999 Median Family income $ 117,574. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Palo Alto School District: Children make up 21.2% of Palo Alto population. Palo Alto has 12,406 under 18 years old residents, or 0.4 kids per one worker, or 0.49 kids per one household.
Palo Alto Real Estate & Palo Alto Homeownership
There are 8357.91 or 33% one person households, 8611.18 or 34% two person households, and 3799.05 or 15% three person households in Palo Alto, California. Median residents age is 40.2, Senior citizens (65+) make up 9,140 or 15.6%% of Palo Alto population.
There are 30,950 workers (over 16 years of age) in Palo Alto. Of these, 80.64% drive to work. Approximately 3.44% of workers in Palo Alto take public transportation. An estimated 3.22% walk to work.
Median Palo Alto homeowner's housing expences are 17%
Crime in Palo Alto (2003), crimes per 10,000 residents per year
| Type of Crime |
Palo Alto |
USA, 2003 |
| Violent Crimes |
15.02 |
47.5 |
| Robberies |
6.83 |
14.2 |
| Aggravated Assaults |
7 |
29.5 |
| Property Crimes |
335.85 |
358.8 |
| Burglaries |
47.1 |
74.0 |
| Larceny-Thefts |
274.07 |
241.5 |
| Motor Vehicle Thefts |
14.68 |
43.3 |
Invest in Palo Alto Properties
When making a decision about buying real estate in Palo Alto California area, you should consider following statistical data:
| Category |
Palo Alto |
USA |
| Near Medium City |
|
- |
| Near Large City |
San Jose, California |
- |
| Palo Alto Zip Codes |
94301, 94303, 94304, 94305, 94306, 94307 |
- |
| Palo Alto Area Codes |
650 |
- |
| White population |
75.76% |
75.1% |
| African-American population |
2.02% |
12.3% |
| Asian |
17.22% |
3.6% |
| American Indian & Alaskan |
0.21% |
0.9% |
| Hispanic (of any race) |
4.65% |
12.5% |
| Median Family Income (1999) |
$ 117,574% |
$42,000 |
| Population Below Poverty Level |
4.78% |
12.4% |
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