Palo Alto vs Sacramento: Housing
| Palo Alto | Sacramento | |
|---|---|---|
| Median Home Value | $2,000,001 | $506,300 |
| Median Gross Rent | $3,484/mo | $1,779/mo |
| Homeownership Rate | 54.6% | 51.7% |
| Rent as Share of Income | 18.1% | 24.4% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.