Palo Alto vs San Jose: Housing
| Palo Alto | San Jose | |
|---|---|---|
| Median Home Value | $2,000,001 | $1,233,200 |
| Median Gross Rent | $3,484/mo | $2,669/mo |
| Homeownership Rate | 54.6% | 55.8% |
| Rent as Share of Income | 18.1% | 21.9% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.