94301 receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
94301
94024
Opportunity
75 · Top 13%
vs70 · Top 21%
Growth
62 · Top 29%
vs45 · Bottom 41%
Climate
89 · Top 8%
vs89 · Top 8%
Physical resilience
25 · Bottom 20%
vs25 · Bottom 20%
Housing affordability
59 · Bottom 21%
vs61 · Bottom 23%
Access
97 · Top 24%
vs99 · Top 8%
Economic stability
57 · Bottom 45%
vs66 · Top 37%
Measured values
| Metric | 94301 | 94024 | Source period |
|---|---|---|---|
| Population | 17,508 | 23,051 | 2024 ACS 5-Year |
| Median household income | $242,006 | $250,000+ | 2024 ACS 5-Year |
| Per capita income | $142,773 | $149,845 | 2024 ACS 5-Year |
| Population density | 7,387/sq mi | 2,786/sq mi | 2024 ACS 5-Year |
| Median home value | $2,000,001 | $2,000,001 | 2024 ACS 5-Year |
| Median gross rent | $3,300 | $3,501 | 2024 ACS 5-Year |
| Homeownership rate | 53.0% | 87.4% | 2024 ACS 5-Year |
| Unemployment rate | 3.8% | 4.3% | June 2026 |
| Employment change (year over year) | -0.7% | -0.7% | June 2026 |
| Bachelor's degree or higher | 81.8% | 86.6% | 2024 ACS 5-Year |
| Poverty rate | 5.8% | 3.5% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 371 | 121 | 12 months ending July 2026 |
| Permits per 1,000 residents | 5.5 | 3.9 | 12 months ending July 2026 |
| Permit change (year over year) | 64.2% | -53.1% | 12 months ending July 2026 |
| Average July high | 77°F | 77°F | 1991-2020 Normals |
| Average January low | 42°F | 42°F | 1991-2020 Normals |
| Annual precipitation | 13.4" | 13.4" | 1991-2020 Normals |
| Distance to major airport | 13 mi | 9 mi | NASR current cycle |
| Average commute | 24.0 min | 25.9 min | 2024 ACS 5-Year |
| Median age | 46.7 | 47.6 | 2024 ACS 5-Year |
| Public schools | 3 | 6 | 2024-25 school year |
| Students per teacher | 17.79 | 20.16 | 2024-25 school year |
| Free or reduced-price lunch eligibility | 14.3% | 5.6% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
94301
Elevated or high exposure: earthquake, inland flooding.
94024
Elevated or high exposure: earthquake, inland flooding.
Full profiles: 94301 — Palo Alto, CA · 94024 — Los Altos, CA · How this is calculated: methodology