Palo Alto vs Los Angeles
| Palo Alto | Los Angeles | |
|---|---|---|
| Population | 67,901 | 3,881,041 |
| Median Household Income | $231,101 | $81,939 |
| Median Home Value | $2,000,001 | $921,200 |
| Median Gross Rent | $3,484/mo | $1,933/mo |
| Homeownership Rate | 54.6% | 36.0% |
| Unemployment Rate | 3.9% | 8.2% |
| Bachelor's Degree or Higher | 82.3% | 38.5% |
| Median Age | 43.6 | 37.2 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.