Interested in purchasing investment houses in the 94301 zip code in Palo Alto, CA?
The zip code 94301 is in Santa Clara county with a latitude of -122.149950000000 and longitude of 37.444120000000, is in the state of California. The average asking price of houses and condos is $2,750,333.00 and the average sale price was $2,036,976.00. this regions is classified as the San Francisco - Oakland - San Jose metro area and is in the 650 area code. The location in degrees is 37° 26' 38.832" N, 122° 8' 59.82" W. The county F.I.P.S. is 06085. The total land area is 2.4 square miles and the water area is 0.0 square miles. The elevation in this area is 59 - 59 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 94301 is in county number 085 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 16,762 in 2019 and 16,995 in 2010. This further breaks down to 8,024 males (47.9%) and 8,738 females (52.1%). The median age of residents is 45.4 years. The population of the greater San Jose-Sunnyvale-Santa Clara, CA area is 1,881,523. The population density (people per square mile) is 7,065. This zip code has a combined total of 7,979 houses and condos. There are 3,427 rented appartments. 48% of residents rent versus the 48% of residents in the state who rent.
The financial status of those living in this area is considered upper middle class. The average individual gross adjusted income is $961,332 and the average salary is $351,413. The median household income of individuals is $136,228.00 and the average is $1,265,220.00. This zip code has a mean commute time to work of 27.1 minutes. The unemployment rate is 3.5%. Income earners by percent breakdown as 20.90% (Under $50,000), 17.80% ($50,000-$100,000), and 61.30% earn over $100,000. 6.5% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 162.0. The educational breakdown is 100.2% have a high school education or higher, 85.1% have a bachelor's degree or higher, and 57.6% have some kind of profesional degree.
This area has 7,579 households and the average size is 2.3 people. Individuals who are single and have never been married are 27.9%, 57.7% are now married, 0.8% are separated, 5.5% are widowed, and 8.2% are divorced. The average yearly contribution amount given by people to charity was $86,355 versus the state average of $4,659. The percent of residents who gave to charity was 51.9%.
The estimated median value of houses and condos is $2,211,495. The median monthly owner costs of mortgage holders was $4,036, where as the costs for those who don't have a mortgage are $1,138. The median number of rooms in houses and condos are 7.2 versus apartments which had a median number of 3.4.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $10,434. In comparision, the average real estate tax percent rate in the state is 0.7% which equated to an average real estate tax amount payment in the state of $4,142. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $10,433. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.3% which amounted to an average tax amount of $7,376. Reported taxable interest for persons was $14,328, dividends $47,904, capital gains +$561,738, and itemized deductions $277,483. The average earned income tax credit is $1,348. The percent of individuals that use a tax preparer is 56.7%. The total average income taxes paid by individuals was $139,983. Businesses reported an average profit of $58,095.
Buca di Beppo Italian Restaurant
643 Emerson St, Palo Alto, CA 94301
Il Fornaio
520 Cowper St, Palo Alto, CA 94301
Sushi House
855 El Camino Real, Palo Alto, CA 94301
St. Michael's Alley
806 Emerson St, Palo Alto, CA 94301
MacArthur Park
27 University Ave, Palo Alto, CA 94301
Nola
535 Ramona St, Palo Alto, CA 94301
Calafia Cafe
855 El Camino Real Ste 130, Palo Alto, CA 94301
Zibibbo
430 Kipling St, Palo Alto, CA 94301
Garden Fresh
460 Ramona St, Palo Alto, CA 94301
La Morenita Restaurant
800 Emerson St, Palo Alto, CA 94301
Tamarine Restaurant
546 University Ave, Palo Alto, CA 94301
Tai Pan
560 Waverley St, Palo Alto, CA 94301
Pluto's
482 University Ave, Palo Alto, CA 94301
Russo Cafe
555 Salvatierra Walk, Stanford, CA 94305 (1.6 miles away)
Emmanuel Pizza
1489 E Bayshore Rd, East Palo Alto, CA 94303 (1.7 miles away)
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