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ZIP 94306 — Business Opportunities

Palo Alto, CA · Local economy intelligence
Population
27,785
Median income
$199,800
Median age
40.5
Households
10,722

Top business opportunities in 94306

The highest-scored business categories to consider opening in Palo Alto, CA, based on demand (population, income, demographic fit) versus existing supply.

  1. 1. Furniture & Home Decor 100/100
    ~2.2 businesses underserved · confidence: low
  2. 2. Jewelry & Accessories 99/100
    ~1.7 businesses underserved · confidence: high
  3. 3. Electronics 94/100
    ~1.8 businesses underserved · confidence: low
  4. 4. Clothing & Apparel 90/100
    ~3.7 businesses underserved · confidence: high
  5. 5. Electronics Repair 88/100
    ~1.6 businesses underserved · confidence: low
  6. 6. Fitness Station 80/100
    ~1.8 businesses underserved · confidence: low
  7. 7. Bars & Nightlife 53/100
    ~2.9 businesses underserved · confidence: high
  8. 8. Grocery 52/100
    ~1.3 businesses underserved · confidence: low
  9. 9. Flight School 49/100
    ~1.3 businesses underserved · confidence: low
  10. 10. Toys & Games 49/100
    ~1.3 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 94306.

Full demographic profile

Population27,785
Households10,722
Median household income$199,800
Per capita income$108,412
Median age40.5
% bachelor's degree or higher81.495%
% age 18–3417.603%
% age 65+12.428%
% renter-occupied40.519%
Median home value$2,000,001
Median gross rent$2,945
Unemployment rate2.978%

Nearby ZIPs in CA

94025 Menlo Park · 93271 Three Rivers · 95389 Yosemite National Park · 95401 Santa Rosa · 95403 Santa Rosa · 95404 Santa Rosa

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