Living in Palo Cedro, California
Cost of living, income, home prices, rent and demographics of Palo Cedro · Census data 2020–2024
Palo Cedro has 3,685 residents with a median age of 41.6. The median household income is $120,152 (21% higher than the California median), the median home value is $551,600, the median rent is $1,375/month.
Palo Cedro at a glance
- Population
- 3,685
- Median age
- 41.6State: 37.9
- Median household income
- $120,152State: $99,122
- Median home value
- $551,600State: $734,700
- Median rent
- $1,375/moState: $2,036
- Homeowners
- 91%
- Bachelor's degree or higher
- 40.5%
- Average commute
- 33 min
Is Palo Cedro a good place to live?
Pros: Median household income 21% higher than the California median; home values 25% lower than the state median; unemployment of 5.8%; a poverty rate of 6.6%.
Cons: An average commute of 33 minutes.
The weather is best in April–May and September–October.
Cost of living in Palo Cedro
Housing is the biggest part of the cost of living. In Palo Cedro the median home value is $551,600, 66% higher than the U.S. median. Renters pay a median of $1,375 per month, which is 13.1% of household income. Homeowners with a mortgage pay $2,644 a month in housing costs.
Palo Cedro median household income
The median household income in Palo Cedro is $120,152 and the income per person is $51,272. 6.6% of residents live below the poverty line (California: 12%).
Housing in Palo Cedro: homes for sale and rent
- Housing units
- 1,302
- Owner-occupied
- 91%
- Renter-occupied
- 9%
- Vacant
- 1.1%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.86
Palo Cedro demographics
- Population
- 3,685
- Median age
- 41.6
- Under 18
- 31.3%
- 65 and older
- 21.7%
- Households
- 1,288
- Foreign-born
- 1.1%
- Veterans
- 12.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Palo Cedro ›
Education in Palo Cedro
40.5% of adults 25 and older in Palo Cedro have a bachelor's degree or higher (California: 37.1%), and 13.5% have a graduate or professional degree.
Jobs and commute in Palo Cedro
- Unemployment rate
- 5.8%State: 6.6%
- Average commute
- 33 minState: 29 min
- Work from home
- 17.6%
- Drive alone
- 75.4%
- Public transit
- 0%
- Walk to work
- 1.2%
- Homes with broadband
- 90.6%
Palo Cedro vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palo Cedro | 3,685 | $120,152 | $551,600 | $1,375 |
| Millville | 939 | $141,500 | $433,300 | — |
| Bella Vista | 4,511 | $90,566 | $464,300 | — |
| Redding | 93,409 | $70,466 | $382,300 | $1,379 |
| Anderson | 11,255 | $47,375 | $283,000 | $962 |
| Jones Valley | 1,122 | $82,083 | $197,300 | — |
| Shasta Lake | 10,311 | $67,401 | $294,400 | $1,298 |
| Happy Valley | 5,944 | $92,222 | $334,100 | $1,282 |
| Centerville | 1,954 | $122,500 | $595,900 | — |
More for people moving to Palo Cedro
Palo Cedro ZIP code ›Weather and climate ›Living in Palo Cedro: FAQ
What is the median household income in Palo Cedro, CA?
The median household income in Palo Cedro is $120,152, 21% 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 Palo Cedro?
The median home value in Palo Cedro is $551,600, compared with $734,700 in California.
How much is rent in Palo Cedro?
The median gross rent in Palo Cedro is $1,375 per month, about 13.1% of household income.
Is Palo Cedro, CA a good place to live?
Pluses: median household income 21% higher than the California median; home values 25% lower than the state median; unemployment of 5.8%; a poverty rate of 6.6%. Minuses: an average commute of 33 minutes.
What is the median age in Palo Cedro?
The median age in Palo Cedro is 41.6 years (California: 37.9).
How long is the commute in Palo Cedro?
The average commute to work in Palo Cedro is 33 minutes; 17.6% of workers work from home.
What is the unemployment rate in Palo Cedro?
The unemployment rate in Palo Cedro is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palo Cedro?
40.5% of adults in Palo Cedro 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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