The ZIP Code 94303 is associated with the city of Palo Alto in California in San Mateo County. Median househould income is at $105,763, with an estimated 7% of the population living below the poverty line. Approximately 47.5% of residents in this California region hold a bachelor's degree or higher. The per capita income is estimated to be $52,270. The median age in ZIP Code 94303 is approximately 34.1 years, with 12.9% of residents aged 62 years and older. The current population estimate is 48,244.
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The median household income in ZIP Code 94303 is $105,763, while the region's mean household income is $170,556. Breaking income down further, per capita income in the region is $52,270. The per capita income in ZIP Code 94303 of $52,270 is approximately 41.44% more than the per capita income in California overall of $36,955. An estimated 7.1% of the population is living below the poverty line in this region. This rate is approximately 25.26% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 27.8% of the population in 94303 earn $200,000 or more per year, while an estimated 14.2% earn $100,000 to $149,999 per year, and 2.9% of 94303 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 4.4% |
| $10,000 to $14,999 per year | 2.9% |
| $15,000 to $24,999 per year | 4.7% |
| $25,000 to $34,999 per year | 4.7% |
| $35,000 to $49,999 per year | 8.5% |
| $50,000 to $74,999 per year | 12.5% |
| $75,000 to $99,999 per year | 9.5% |
| $100,000 to $149,999 per year | 14.2% |
| $150,000 to $199,999 per year | 10.9% |
| $200,000 or more per year | 27.8% |
In ZIP Code 94303, 78.8% of the population graduated high school, while 47.5% have a bachelor's degree or higher. In this region, 14.9% achieved an education level less than 9th grade, while 27.0% hold a graduate or professional degree. Approximately 15.4% in this San Mateo County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 14.9% |
| 9th to 12th grade, no diploma | 6.3% |
| High school graduate (includes equivalency) | 15.4% |
| Some college, no degree | 12.4% |
| Associate's degree | 3.5% |
| Bachelor's degree | 20.5% |
| Graduate or professional degree | 27.0% |
Looking at race in the population that makes up ZIP Code 94303, 94.9% is one race, while 5.1% are two or more races. Approximately 42.0% of 94303 residents are hispanic or Latino (of any race). The most common race in 94303 (race alone or in combination with one or more other races), is White (45.5%), followed by Some other race (24.1%) .
| Industry | Percent |
|---|---|
| White | 45.5% |
| Black or African American | 9.6% |
| American Indian and Alaska Native | 2.2% |
| Asian | 21.0% |
| Native Hawaiian and Other Pacific Islander | 3.5% |
| Some other race | 24.1% |
Regarding the age of homes in ZIP Code 94303, an estimated 36.4% of homes were built between 1950 and 1959. Additionally, 13.5% of homes in the region were built between 1960 and 1969, while an estimated 0.7% of homes were built in 2014 or later in this San Mateo County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.7% |
| Built between 2010 and 2013 | 2.2% |
| Built between 2000 and 2009 | 13.1% |
| Built between 1990 and 1999 | 4.8% |
| Built between 1980 and 1989 | 6.6% |
| Built between 1970 and 1979 | 10.4% |
| Built between 1960 and 1969 | 13.5% |
| Built between 1950 and 1959 | 36.4% |
| Built between 1940 and 1949 | 9.8% |
| Built in 1939 or earlier | 2.6% |
Residents of ZIP Code 94303 are younger than average. The median age of 34.1 years in ZIP Code 94303 is approximately 10.5% lower than the overall median age in the U.S. of 38.1 years. About 72.4% of residents are aged 18 years and older, and 12.9% of residents are 62 years and over. Approximately 15.1% of the population in 94303 falls in the age group 45 to 54 years, while an estimated 14.9% are aged 25 to 34 years. On the low end of the scale, 1.6% of 94303 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.7% |
| 5 to 9 years | 7.7% |
| 10 to 14 years | 7.8% |
| 15 to 19 years | 7.5% |
| 20 to 24 years | 6.7% |
| 25 to 34 years | 14.9% |
| 35 to 44 years | 14.1% |
| 45 to 54 years | 15.1% |
| 55 to 59 years | 4.7% |
| 60 to 64 years | 4.1% |
| 65 to 74 years | 6.1% |
| 75 to 84 years | 3.1% |
| 85 years and over | 1.6% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 94303 is current access to health insurance, as an estimated 88.4% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 94303 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 88.4% |
| Risk Behavior | Percent of adults* |
|---|
In 94303, 68.7% of the population is in the labor force. Recent estimates place 5.1% as working from home, while the total labor force in the region has a mean travel to time to work of 25.3 minutes. Approximately 24.0% of the employed population 16 years and over in 94303 work in professional, scientific, management, and administrative, while an estimated 17.5% work in educational services, and health care and social assistance. On the lower end of the scale, just 0.2% of 94303 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.2% |
| Construction | 6.6% |
| Manufacturing | 10.5% |
| Wholesale trade | 1.7% |
| Retail trade | 7.8% |
| Transportation and warehousing, and utilities | 3.0% |
| Information | 7.0% |
| Finance and insurance, and real estate and rental and leasing | 4.4% |
| Professional, scientific, management, and administrative | 24.0% |
| Educational services, and health care and social assistance | 17.5% |
| Arts, entertainment, and recreation, and accommodation and food services | 11.0% |
| Other services, except public administration | 4.9% |
| Public administration | 1.3% |
In ZIP Code 94303, 41.7% of the population lists "English only" as the language spoken in home, while 38.2% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 6.5% of homes, and other Indo-European languages are spoken in 12.4% of homes. Lastly, 1.2% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this San Mateo County region.
| Language Spoken | Percent |
|---|---|
| English only | 41.7% |
| Spanish | 38.2% |
| Other Indo-European languages | 6.5% |
| Asian and Pacific Islander languages | 12.4% |
| Other languages | 1.2% |
Regarding consumer complaints about financial products in ZIP Code 94303, credit reporting or credit repair services have received the most complaints in 94303 in the past 12 months. Credit reporting or other personal consumer reports received the second most complaints. The most frequent complaint overall in this San Mateo County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 235 |
| Credit reporting or other personal consumer reports | 165 |
| Debt collection | 40 |
| Checking or savings account | 32 |
| Credit card or prepaid card | 12 |
| Other | 34 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 187 |
| Improper use of your report | 105 |
| Problem with a credit reporting company's investigation | 59 |
| Problem with a company's investigation into an existing problem | 42 |
| Attempts to collect debt not owed | 29 |
| Other | 96 |
Regarding solar power potential, ZIP Code 94303 has an average daily solar radiation level of 5.91 kWh/m2/day. This is approximately 43.45% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 10.32% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 94303 | 15.59¢/kWh | 14.08¢/kWh | 8.98¢/kWh |
| California | 32.99¢/kWh | 26.11¢/kWh | 22.54¢/kWh |
| United States | 16.41¢/kWh | 13.1¢/kWh | 8.44¢/kWh |
| Month | ZIP Code 94303 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 4.38 | 1.9 | 5.84 |
| Feb | 4.79 | 3 | 6.31 |
| Mar | 5.8 | 3.65 | 7.02 |
| Apr | 6.46 | 5.13 | 7.3 |
| May | 6.62 | 5.17 | 7.13 |
| Jun | 6.86 | 5.72 | 6.95 |
| Jul | 7.05 | 6.22 | 6.51 |
| Aug | 7.18 | 6.08 | 6.65 |
| Sep | 6.88 | 5.15 | 7.02 |
| Oct | 6.03 | 3.32 | 6.92 |
| Nov | 4.82 | 2.33 | 5.99 |
| Dec | 4.04 | 1.78 | 5.46 |