Housing data for ZIP code 94303

ZIP code 94303 has an estimated 46,879 residents and 15,891 homes (US Census Bureau, 2020–2024 American Community Survey).

Most of its land lies in Palo Alto, Santa Clara County.

42.2% of households rent.

The median gross rent is $2,771 (±$215) a month.

The median home value is $1,826,200 (±$174,240).

The median household income is $151,609 (±$10,205) a year.

Figures last updated on .

Residents
46,879 (±1,113)
Median gross rent
$2,771
Median home value
$1,826,200
Households that rent
42.2%

How ZIP code 94303 compares

Estimate (90% margin of error)
ZIP 94303Palo AltoSanta Clara CountyCaliforniaUnited States
Residents46,879 (±1,113)67,2371,902,04739,287,377334,922,499
Housing units15,891 (±554)29,241698,83714,644,735143,775,355
Households that rent42.2% (±3.1 points)45.4%44.9%44.1%34.8%
Median gross rent$2,771 (±$215)$3,484$2,857$2,036$1,413
Median home value$1,826,200 (±$174,240)$2,000,000 or more$1,490,600$734,700$332,700
Median household income$151,609 (±$10,205)$231,101$164,281$99,122$80,734
Median real estate taxes (a year)$9,566 (±$650)$10,000 or more$10,000 or more$5,124$3,119
Renters paying 30% or more of income53.1% (±6.1 points)44.3%45.0%55.3%51.1%
Built before 198073.0% (±5.2 points)69.9%59.7%56.0%49.7%
Average commute23.0 minutes (±1.0)21.4 minutes26.2 minutes28.7 minutes26.4 minutes
Households with broadband94.9% (±1.5 points)96.1%95.6%93.5%91.0%
Median age of residents39.5 years (±1.3)43.6 years38.1 years37.9 years38.9 years

In ZIP 94303, median gross rent is not measurably different from Santa Clara County ($2,857).

It is also higher than in California ($2,036).

It is higher than the national figure ($1,413).

The median gross rent in ZIP code 94303 is lower than in Palo Alto as a whole ($3,484).

Among the 55 ZIP codes in Santa Clara County with a published estimate, ZIP 94303 ranks 33 from highest to lowest median gross rent.

Among the 54 ZIP codes in Santa Clara County with a published estimate, ZIP 94303 ranks 17 from highest to lowest median home value.

Among the 57 ZIP codes in Santa Clara County with a published estimate, ZIP 94303 ranks 39 from highest to lowest median household income.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Rent in ZIP code 94303

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentZIP 94303Santa Clara CountyCaliforniaUnited States
Less than $5002.1% (±1.4 points)2.7%3.6%6.3%
$500 to $9991.1% (±1.1 points)3.6%7.2%20.2%
$1,000 to $1,4997.6% (±2.5 points)4.6%16.2%28.1%
$1,500 to $1,99919.0% (±4.6 points)9.7%21.5%21.1%
$2,000 to $2,49914.5% (±3.9 points)16.8%19.8%12.0%
$2,500 to $2,99910.4% (±3.8 points)17.7%12.5%5.5%
$3,000 or more45.2% (±4.7 points)44.9%19.1%6.8%

The most common range is $3,000 or more, paid by 45.2% of renting households.

Rent by bedrooms in ZIP code 94303

Census median gross rent beside HUD’s fiscal year 2027 Small Area Fair Market Rent, dollars a month
BedroomsCensus medianHUD Small Area Fair Market Rent
Studio$2,046 (±$366)$2,430
1 bedroom$1,888 (±$135)$2,800
2 bedrooms$2,882 (±$468)$3,390
3 bedrooms$3,500 or more$4,480
4 bedrooms$3,500 or more$4,950

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 94303 is $3,390 a month.

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Rent burden in ZIP code 94303

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentZIP 94303Santa Clara CountyCaliforniaUnited States
Less than 15%13.5% (±4.1 points)16.9%10.4%12.6%
15% to 19.9%9.9% (±2.4 points)14.3%11.1%12.2%
20% to 24.9%13.6% (±4.0 points)13.1%12.0%12.6%
25% to 29.9%10.0% (±3.3 points)10.7%11.2%11.5%
30% to 34.9%10.7% (±3.5 points)8.6%9.3%9.2%
35% or more42.4% (±5.0 points)36.4%46.0%41.9%

53.1% (±6.1 points) of renting households in ZIP code 94303 spend 30% or more of their income on gross rent.

Home values in ZIP code 94303

Owner-occupied homes by value, 2020–2024
ValueZIP 94303Santa Clara CountyCaliforniaUnited States
Less than $50,0000.6% (±0.5 points)1.4%2.5%5.3%
$50,000 to $99,9990.3% (±0.3 points)0.6%1.7%6.1%
$100,000 to $149,9990.3% (±0.4 points)0.9%1.3%6.8%
$150,000 to $199,9990.2% (±0.2 points)0.8%1.4%9.0%
$200,000 to $299,9990.3% (±0.4 points)1.7%4.3%17.8%
$300,000 to $499,9990.4% (±0.4 points)2.6%17.1%26.9%
$500,000 to $999,99919.3% (±3.8 points)16.1%42.1%20.9%
$1,000,000 or more78.6% (±3.9 points)75.9%29.6%7.1%

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

The homes in ZIP code 94303

Housing units by units in structure, 2020–2024
Building typeZIP 94303Santa Clara CountyCaliforniaUnited States
Single-family, detached67.8% (±2.4 points)50.7%57.0%61.3%
Single-family, attached (townhouse, rowhouse)4.9% (±1.3 points)11.0%7.4%6.2%
2 units0.8% (±0.5 points)1.3%2.4%3.4%
3 or 4 units1.4% (±0.7 points)5.5%5.4%4.3%
5 to 9 units3.7% (±1.3 points)4.9%5.7%4.5%
10 to 19 units5.2% (±1.4 points)4.7%4.9%4.3%
20 or more units15.1% (±2.2 points)19.0%13.6%10.3%
Mobile home1.0% (±0.7 points)2.8%3.5%5.6%
Boat, RV, van, etc.0.0% (±0.3 points)0.1%0.1%0.1%

When the homes in ZIP code 94303 were built

Housing units by year structure built, 2020–2024
Year builtZIP 94303Santa Clara CountyCaliforniaUnited States
2020 or later0.5% (±0.4 points)1.5%1.3%2.0%
2010 to 20195.3% (±1.4 points)9.1%6.5%9.4%
2000 to 200912.5% (±2.3 points)9.4%11.2%13.6%
1990 to 19993.7% (±1.4 points)8.9%10.1%12.4%
1980 to 19894.9% (±1.5 points)11.3%14.9%12.9%
1970 to 19797.6% (±1.6 points)20.3%16.8%14.2%
1960 to 196915.2% (±3.0 points)17.7%12.5%9.9%
1950 to 195937.1% (±3.2 points)13.7%12.4%9.5%
1940 to 19499.0% (±1.9 points)3.3%5.4%4.4%
1939 or earlier4.1% (±1.2 points)4.7%8.9%11.7%

73.0% of the homes in ZIP code 94303 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 94303

Occupied housing units by house heating fuel, 2020–2024
Fuel used mostZIP 94303Santa Clara CountyCaliforniaUnited States
Utility gas70.2% (±2.9 points)58.5%61.0%46.5%
Fuel oil, kerosene, etc.0.0% (±0.3 points)0.1%0.2%3.9%
Electricity25.9% (±2.6 points)36.1%29.5%41.3%
Bottled or tank gas (propane)1.1% (±0.5 points)1.9%3.4%4.9%
Wood0.0% (±0.1 points)0.2%1.3%1.4%
Solar energy0.6% (±0.5 points)1.0%1.2%0.3%
Coal or coke0.0% (±0.3 points)0.0%0.0%0.1%
Other fuel0.0% (±0.3 points)0.2%0.3%0.5%
No fuel used2.2% (±0.9 points)2.0%3.0%1.2%

How people in ZIP code 94303 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportationZIP 94303Santa Clara CountyCaliforniaUnited States
Drove alone59.5% (±3.6 points)59.9%65.7%68.8%
Carpooled9.5% (±2.1 points)9.0%9.5%8.5%
Public transportation1.8% (±0.9 points)2.3%2.9%3.2%
Walked1.3% (±0.7 points)2.1%2.4%2.4%
Other means (bicycle, taxi, motorcycle)6.9% (±1.7 points)2.8%2.4%2.0%
Worked from home21.0% (±2.6 points)23.9%17.2%15.1%

Workers who live in ZIP code 94303 take an average of 23.0 minutes to get to work.

Places in ZIP code 94303

Places whose land overlaps this ZIP code, with the share of the ZIP’s land in each
PlaceShare of the ZIP’s land in this placeMedian gross rentHouseholds that rent
Palo Alto61%$3,48445.4%
East Palo Alto30%$2,24450.9%

A township or a New York town includes the villages inside it, so their shares can add up to more than the whole.

ZIP codes near 94303

Nearest ZIP codes with Census figures, by straight-line distance between their internal points
ZIP codeDistanceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
943012.1 mi$3,300$2,000,000 or more$242,00647.0%
943063.0 mi$2,994$2,000,000 or more$210,00047.4%
940253.7 mi$3,251$2,000,000 or more$216,60141.5%
940434.1 mi$3,125$1,641,100$203,29854.7%
943054.1 mi$2,014$2,000,000 or more$83,08871.6%
940274.7 mi$3,500 or more$2,000,000 or more$250,000 or more12.4%
940635.0 mi$2,809$1,042,500$116,76068.7%
943045.1 mi$3,500 or more$2,000,000 or more$154,14176.8%

Crime reported to police in Palo Alto

Most of ZIP code 94303 is policed by the Palo Alto Police Department, which reported 159 violent and 2,882 property crimes per 100,000 residents to the FBI in 2025.

The FBI publishes crime by police department, not by ZIP code, so this is the department’s figure for the whole area it serves.

ZIP code 94303 is reported as ZIP Code Tabulation Area 94303: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about ZIP 94303

What is the median rent in ZIP code 94303?

The median gross rent in ZIP Code Tabulation Area 94303 is $2,771 (±$215) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 94303?

The median value of owner-occupied homes in ZIP code 94303 is $1,826,200 (±$174,240) (2020–2024 American Community Survey).

What is the median household income in ZIP code 94303?

The median household income in ZIP code 94303 is $151,609 (±$10,205) a year (2020–2024 American Community Survey).

What town is ZIP code 94303 in?

Most of ZIP code 94303’s land lies in Palo Alto; it also covers East Palo Alto.

What is the Fair Market Rent for a two-bedroom in ZIP 94303?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 94303 is $3,390 a month.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 94303 (zip code tabulation area:94303).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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