Living in Menlo Park, California
Cost of living, income, home prices, rent and demographics of Menlo Park · Census data 2020–2024
Menlo Park has 32,727 residents with a median age of 39.5. The median household income is $210,025 (112% higher than the California median), the median home value is $2,000,001, the median rent is $3,239/month.
Menlo Park at a glance
- Population
- 32,727
- Median age
- 39.5State: 37.9
- Median household income
- $210,025State: $99,122
- Median home value
- $2,000,001State: $734,700
- Median rent
- $3,239/moState: $2,036
- Homeowners
- 54.2%
- Bachelor's degree or higher
- 72.5%
- Average commute
- 24 min
Is Menlo Park a good place to live?
Pros: Median household income 112% higher than the California median; an average commute of 24 minutes; unemployment of 4.8%; a poverty rate of 5.8%.
Cons: Home values 172% higher than the state median.
The weather is best in June to September.
Cost of living in Menlo Park
Housing is the biggest part of the cost of living. In Menlo Park the median home value is $2,000,001, 501% higher than the U.S. median. Renters pay a median of $3,239 per month, which is 28.4% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Menlo Park median household income
The median household income in Menlo Park is $210,025 and the income per person is $128,814. 5.8% of residents live below the poverty line (California: 12%).
Housing in Menlo Park: homes for sale and rent
- Housing units
- 13,388
- Owner-occupied
- 54.2%
- Renter-occupied
- 45.8%
- Vacant
- 11.6%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.68
Menlo Park demographics
- Population
- 32,727
- Median age
- 39.5
- Under 18
- 21%
- 65 and older
- 16.6%
- Households
- 11,837
- Foreign-born
- 30%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Menlo Park ›
Education in Menlo Park
72.5% of adults 25 and older in Menlo Park have a bachelor's degree or higher (California: 37.1%), and 45% have a graduate or professional degree.
Jobs and commute in Menlo Park
- Unemployment rate
- 4.8%State: 6.6%
- Average commute
- 24 minState: 29 min
- Work from home
- 32.4%
- Drive alone
- 48.4%
- Public transit
- 2%
- Walk to work
- 1.7%
- Homes with broadband
- 96.7%
Menlo Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Menlo Park | 32,727 | $210,025 | $2,000,001 | $3,239 |
| East Palo Alto | 29,069 | $113,493 | $1,102,600 | $2,244 |
| North Fair Oaks | 13,100 | $104,884 | $1,276,900 | $2,314 |
| Atherton | 6,993 | $250,001 | $2,000,001 | $3,501 |
| Stanford | 18,662 | $75,208 | $2,000,001 | $1,976 |
| Redwood City | 82,447 | $157,814 | $1,801,700 | $2,968 |
| West Menlo Park | 3,634 | $250,001 | $2,000,001 | $3,324 |
| Palo Alto | 67,237 | $231,101 | $2,000,001 | $3,484 |
| Ladera | 1,297 | $235,750 | $2,000,001 | — |
More for people moving to Menlo Park
Menlo Park ZIP code ›Weather and climate ›Living in Menlo Park: FAQ
What is the median household income in Menlo Park, CA?
The median household income in Menlo Park is $210,025, 112% higher than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Menlo Park?
The median home value in Menlo Park is $2,000,001, compared with $734,700 in California.
How much is rent in Menlo Park?
The median gross rent in Menlo Park is $3,239 per month, about 28.4% of household income.
Is Menlo Park, CA a good place to live?
Pluses: median household income 112% higher than the California median; an average commute of 24 minutes; unemployment of 4.8%; a poverty rate of 5.8%. Minuses: home values 172% higher than the state median.
What is the median age in Menlo Park?
The median age in Menlo Park is 39.5 years (California: 37.9).
How long is the commute in Menlo Park?
The average commute to work in Menlo Park is 24 minutes; 32.4% of workers work from home.
What is the unemployment rate in Menlo Park?
The unemployment rate in Menlo Park is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Menlo Park?
72.5% of adults in Menlo Park have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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