The ZIP Code 94304 is associated with the city of Palo Alto in California in Santa Clara County. Median househould income is approximately $130,227, and an estimated 2% of the population is living below the poverty line. Approximately 85.1% of residents in this California region hold a bachelor's degree or higher. The per capita income is estimated to be $102,440. The median age in ZIP Code 94304 is approximately 38.8 years, with 26.6% of residents aged 62 years and older. The current population estimate is 3,852.
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The median household income in ZIP Code 94304 is $130,227, while the region's mean household income is $210,839. Breaking income down further, per capita income in the region is $102,440. The per capita income in ZIP Code 94304 of $102,440 is approximately 177.2% more than the per capita income in California overall of $36,955. An estimated 1.8% of the population is living below the poverty line in this region. This rate is approximately 81.05% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 27.7% of the population in 94304 earn $200,000 or more per year, while an estimated 15.9% earn $150,000 to $199,999 per year, and 0.9% of 94304 residents earn $15,000 to $24,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 5.6% |
| $10,000 to $14,999 per year | 1.4% |
| $15,000 to $24,999 per year | 0.9% |
| $25,000 to $34,999 per year | 1.2% |
| $35,000 to $49,999 per year | 2.9% |
| $50,000 to $74,999 per year | 14.7% |
| $75,000 to $99,999 per year | 15.7% |
| $100,000 to $149,999 per year | 13.9% |
| $150,000 to $199,999 per year | 15.9% |
| $200,000 or more per year | 27.7% |
In ZIP Code 94304, 96.9% of the population graduated high school, while 85.1% have a bachelor's degree or higher. In this region, 0.8% achieved an education level less than 9th grade, while 57.1% hold a graduate or professional degree. Approximately 2.6% in this Santa Clara County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.8% |
| 9th to 12th grade, no diploma | 2.2% |
| High school graduate (includes equivalency) | 2.6% |
| Some college, no degree | 7.7% |
| Associate's degree | 1.6% |
| Bachelor's degree | 28.0% |
| Graduate or professional degree | 57.1% |
Looking at race in the population that makes up ZIP Code 94304, 96.2% is one race, while 3.8% are two or more races. Approximately 6.5% of 94304 residents are hispanic or Latino (of any race). The most common race in 94304 (race alone or in combination with one or more other races), is White (72.2%), followed by Asian (25.8%) .
| Industry | Percent |
|---|---|
| White | 72.2% |
| Black or African American | 3.4% |
| American Indian and Alaska Native | 0.5% |
| Asian | 25.8% |
| Native Hawaiian and Other Pacific Islander | 0.6% |
| Some other race | 1.2% |
Regarding the age of homes in ZIP Code 94304, an estimated 42.7% of homes were built between 2000 and 2009. Additionally, 20.0% of homes in the region were built between 1960 and 1969, while an estimated 0.0% of homes were built in 1939 or earlier in this Santa Clara County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.6% |
| Built between 2010 and 2013 | 0.0% |
| Built between 2000 and 2009 | 42.7% |
| Built between 1990 and 1999 | 12.5% |
| Built between 1980 and 1989 | 7.9% |
| Built between 1970 and 1979 | 9.5% |
| Built between 1960 and 1969 | 20.0% |
| Built between 1950 and 1959 | 4.6% |
| Built between 1940 and 1949 | 1.1% |
| Built in 1939 or earlier | 0.0% |
Residents of ZIP Code 94304 are older than average. The median age of 38.8 years in ZIP Code 94304 is approximately 1.84% higher than the overall median age in the U.S. of 38.1 years. About 81.3% of residents are aged 18 years and older, and 26.6% of residents are 62 years and over. Approximately 19.7% of the population in 94304 falls in the age group 35 to 44 years, while an estimated 15.6% are aged 25 to 34 years. On the low end of the scale, 2.6% of 94304 residents are aged 15 to 19 years.
| Age Range | Percent |
|---|---|
| Under 5 years | 7.2% |
| 5 to 9 years | 6.5% |
| 10 to 14 years | 2.7% |
| 15 to 19 years | 2.6% |
| 20 to 24 years | 6.5% |
| 25 to 34 years | 15.6% |
| 35 to 44 years | 19.7% |
| 45 to 54 years | 8.2% |
| 55 to 59 years | 2.9% |
| 60 to 64 years | 3.1% |
| 65 to 74 years | 6.9% |
| 75 to 84 years | 8.4% |
| 85 years and over | 9.9% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 94304 is current access to health insurance, as an estimated 96.2% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 94304 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 96.2% |
| Risk Behavior | Percent of adults* |
|---|
In 94304, 55.3% of the population is in the labor force. Recent estimates place 4.2% as working from home, while the total labor force in the region has a mean travel to time to work of 18.1 minutes. Approximately 66.0% of the employed population 16 years and over in 94304 work in educational services, and health care and social assistance, while an estimated 15.4% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.0% of 94304 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.0% |
| Construction | 0.1% |
| Manufacturing | 3.9% |
| Wholesale trade | 0.2% |
| Retail trade | 1.0% |
| Transportation and warehousing, and utilities | 0.7% |
| Information | 2.5% |
| Finance and insurance, and real estate and rental and leasing | 6.2% |
| Professional, scientific, management, and administrative | 15.4% |
| Educational services, and health care and social assistance | 66.0% |
| Arts, entertainment, and recreation, and accommodation and food services | 0.1% |
| Other services, except public administration | 1.2% |
| Public administration | 2.8% |
In ZIP Code 94304, 62.9% of the population lists "English only" as the language spoken in home, while 6.2% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 15.7% of homes, and other Indo-European languages are spoken in 13.9% of homes. Lastly, 1.3% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Santa Clara County region.
| Language Spoken | Percent |
|---|---|
| English only | 62.9% |
| Spanish | 6.2% |
| Other Indo-European languages | 15.7% |
| Asian and Pacific Islander languages | 13.9% |
| Other languages | 1.3% |
Regarding consumer complaints about financial products in ZIP Code 94304, credit card or prepaid card have received the most complaints in 94304 in the past 12 months. received the second most complaints. The most frequent complaint overall in this Santa Clara County region was problem with a purchase shown on a statement.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit card or prepaid card | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Problem with a purchase shown on your statement | 1 |
Regarding solar power potential, ZIP Code 94304 has an average daily solar radiation level of 5.89 kWh/m2/day. This is approximately 42.96% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 10.62% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 94304 | 12.52¢/kWh | 11.7¢/kWh | 10.95¢/kWh |
| California | 31.05¢/kWh | 28.92¢/kWh | 24.93¢/kWh |
| United States | 16.63¢/kWh | 13.39¢/kWh | 8.72¢/kWh |
| Month | ZIP Code 94304 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.91 | 1.9 | 5.84 |
| Feb | 4.7 | 3 | 6.31 |
| Mar | 5.8 | 3.65 | 7.02 |
| Apr | 6.5 | 5.13 | 7.3 |
| May | 6.59 | 5.17 | 7.13 |
| Jun | 6.85 | 5.72 | 6.95 |
| Jul | 7.08 | 6.22 | 6.51 |
| Aug | 7.3 | 6.08 | 6.65 |
| Sep | 6.99 | 5.15 | 7.02 |
| Oct | 6.11 | 3.32 | 6.92 |
| Nov | 4.89 | 2.33 | 5.99 |
| Dec | 3.98 | 1.78 | 5.46 |