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Palo Alto, California

Palo Alto is a city located in the northwest corner of Santa Clara County, in the San Francisco Bay Area of California, USA. It is named after a tree called El Palo Alto. The city is located at the northern end of Silicon Valley, and includes portions of Stanford University and is headquarters to a number of high-technology companies, including Hewlett-Packard. As of the 2000 census, the city had a total population of 58,598 residents. Palo Alto, north of Oregon Expressway, is filled with older homes, including Craftsman and California Colonials, some of which date back to the 1890s but most of which were built in the first four decades of the 20th century. South of Oregon Expressway, the homes, including many Joseph Eichler-designed or Eichler-style houses, were primarily built in the first 20 years after World War II. While the city contains homes that now cost anywhere from $800,000 to well in excess of $10 million, much of Palo Alto's housing stock is in the style of...more

Palo Alto Economy

Palo Alto serves as a central economic focal point of the Silicon Valley, and is home to more than 6,000 businesses employing more than 98,000 people. Many innovative tech firms reside in the Stanford Research Park on Page Mill Road while Sand Hill Road is a notable haunt for venture capitalists. The city’s economy generally follows the economic trends of the rest of the Silicon Valley. Well-known companies and research facilities headquartered in Palo Alto include: * Agilent Technologies * Aricent * Amazon.com's A9.com * Facebook * Genencor * Hewlett-Packard * IDEO * Photobucket * SAP AG * Space Systems/Loral * Wilson Sonsini Goodrich & Rosati * VMware * IMVU Other notable corporate citizens: * CNF Inc. * EPRI * Fry's Electronics * NYSE * PAIX * Roche Bioscience * The Wall Street Journal * PARC * Lockheed Martin * Merrill Lynch * Varian Medical Systems * Xerox In addition, Palo Alto has a lively retail and restaurant trade, and the Stanford Shopping Center and downtown Palo...more

Palo Alto Companies

Palo Alto Careers

Among the most common occupations in Palo Alto are Management, professional, and related occupations, 75%. Sales and office occupations, 15%. and Service occupations, 5%. Approximately 79 percent of workers in Palo Alto, California work for companies, 9 percent work for the government and 10 percent are self-employed.

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Palo Alto Industries

The leading industries in Palo Alto, California are Educational, health and social services, 25%; Professional, scientific, management, administrative, and waste management services, 24%; and Manufacturing, 18%. Simply Hired's Palo Alto job listings indicate that the following industries in Palo Alto are hiring the most workers: Internet Service Providers, Computer Equipment Mfg, Computer Makers, Telecommunications Resellers and Wired Telecommunications Carriers.

Palo Alto Job Salaries

According to government data, the average salary for jobs in Palo Alto, California is $75,626, and the median income of households in Palo Alto was $90,377.
 

Average Salaries in Palo Alto, CA

Palo Alto, CA

$76,000
 

Palo Alto Unemployment Rate

Palo Alto has an unemployment rate of 1.9%, compared the national average of 5.8%.

According to our Palo Alto Trends data, the number of Palo Alto, California jobs has decreased by 21% since March 2008.
Palo Alto job trends

Palo Alto Employment Statistics

Population of Palo Alto
Total population 58,598
Male 48.93%
Female 51.07%
Median age 40.2
  
Palo Alto Housing
Owner-occupied homes 57.2%
Median cost of a home $811,800
Median mortgage payment $2,345
Renter-occupied homes 42.8%
Vacant housing 3.2%
Median monthly rent $1,349
  
Average Income
Median for all male full-time $91,051
Median for all female full-time $60,202
  
Household Income
Less than $10,000 5%
$10,000 to $14,999 4%
$15,000 to $24,999 6%
$25,000 to $34,999 5%
$35,000 to $49,999 9%
$50,000 to $74,999 13%
$75,000 to $99,999 12%
$100,000 to $149,999 18%
$150,000 to $199,999 10%
$200,000 or more 17%
  
Education
Less than 9th grade 2%
9th to 12th grade, no diploma 2%
High school graduate 6%
Some college, no degree 12%
Associate's degree 4%
Bachelor's degree 31%
Graduate degree 43%
  
Marital Status
Never married 27%
Currently married 55%
Separated 1%
Widowed 6%
Divorced 10%
  
Race
White 78%
Black or African American 2%
Asian 18%
Other 2%
  
Palo Alto Commute
Carpool 6.1%
Public transportation 3.4%
Average travel time 21 minutes