Neighborhood Profile

Palo Alto Orchards

Palo Alto, CA | Santa Clara County
Scored premium profile
Best Neighborhoods USA Index
75.1
National rank: #616 of 14,967
Stability and Strength
80.0
Score
Value Opportunity
57.2
Score
Momentum
92.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationPalo Alto, CA
CountySanta Clara County
National rank#616 of 14,967
State rank#15 of 1,814
City rank#1 of 26
County rank#2 of 95
National percentile95.9
National bandTOP_5_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$4,069,429
Year-over-year home value change6.4%
Month-over-month home value change0.80%
Home value to income ratio28.88
Median household income$140,885
Bachelor's degree or higher91.3%
Civilian unemployment rate0.2%
Homeownership rate60.8%
Housing vacancy rate0.5%
Rent burden 30% or higher64.2%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Palo Alto Orchards

What is the Best Neighborhoods USA ranking for Palo Alto Orchards?

Palo Alto Orchards is ranked #1 of 26 eligible neighborhoods in Palo Alto; #15 of 1,814 eligible neighborhoods in CA; and #616 of 14,967 eligible neighborhoods in the United States.

Is Palo Alto Orchards one of the best neighborhoods in Palo Alto?

Palo Alto Orchards has a Best Neighborhoods USA Index of 75.1 and a city ranking of #1 of 26 eligible neighborhoods in Palo Alto.

How much are homes worth in Palo Alto Orchards?

The current Zillow Home Value Index for Palo Alto Orchards is approximately $4,069,429.

Are home values rising or falling in Palo Alto Orchards?

Zillow neighborhood values changed 6.4% year over year and 0.80% month over month.

What is the Neighborhood Momentum Score for Palo Alto Orchards?

Palo Alto Orchards has a Neighborhood Momentum Score of 92.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Palo Alto Orchards?

The NDS-derived neighborhood median household income is approximately $140,885.

How affordable is Palo Alto Orchards relative to household income?

The current Zillow home-value-to-household-income ratio is 28.88. Price-to-income affordability is a major Value Opportunity input.

Is Palo Alto Orchards primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 60.8%.

What is the unemployment rate in Palo Alto Orchards?

The NDS-derived civilian unemployment rate is approximately 0.2%.

How educated are residents of Palo Alto Orchards?

Approximately 91.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Palo Alto Orchards face high rent burden?

Approximately 64.2% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Palo Alto Orchards?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications16
Estimated originations9
Home-purchase applications6
Origination rate58.4%
Home-purchase share36.9%
Average application loan$1,334,561
Total application loan amount$21,343,415
National application rank#11,301 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 49.3% YoY; originations 52.8% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.