Palo Alto, CA Census Data
Key demographic and economic indicators for Palo Alto, California from the 2023 American Community Survey (ACS) 5-year estimates.
Updated: 2026-03-23 · Source: U.S. Census Bureau, ACS 2023
Population
67,231
48.5% male · 51.5% female
Median Age
42.5
3.8 above the national average (38.7 yrs)
Median Household Income
$220,408
141,870.0 above the national average ($78,538)
Bachelor's Degree or Higher
82.4%
47.4 above the national average (35.0%)
HS diploma or higher: 97.0%
Poverty Rate
5.4%
7.0 below the national average (12.4%)
Uninsured: 2.0%
Broadband Access
98.2%
8.5 above the national average (89.7%)
Median Home Value
$2,000,001
Median rent: $3,328 · 54% owner-occupied
Unemployment Rate
3.7%
Labor force participation: 60.5%
Demographics
Race & Ethnicity
Age Distribution
Commute to Work
Palo Alto, CA Frequently Asked Questions
What is the population of Palo Alto, CA?
The population of Palo Alto, CA is 67,231 according to the 2023 American Community Survey 5-year estimates. The median age is 42.5 years.
What is the median household income in Palo Alto?
The median household income in Palo Alto, CA is $220,408, above the national average of $78,538. Per capita income is $128,779.
What is the poverty rate in Palo Alto?
The poverty rate in Palo Alto, CA is 5.4%, compared to the national average of 12.4%. About 2.0% of residents lack health insurance.
What percentage of Palo Alto residents have a college degree?
82.4% of adults (25+) in Palo Alto hold a bachelor's degree or higher, and 97.0% have at least a high school diploma. The national average for bachelor's degree holders is 35.0%.
What is the median home value in Palo Alto?
The median home value in Palo Alto, CA is $2,000,001. Median rent is $3,328 per month, with 54% of housing units owner-occupied.
What is the racial makeup of Palo Alto?
Palo Alto's population is 48.4% White, 2.2% Black, 7.1% Hispanic or Latino, and 36.1% Asian (source: 2023 ACS).