ZIP 94306 — Business Opportunities

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.

• Schools — 28 businesses
• Restaurants — 26 businesses
• Hotels & Lodging — 20 businesses
• Religious — 20 businesses
• Post Box — 18 businesses
• Parking — 16 businesses
• Company — 16 businesses
• Pitch — 15 businesses
• Park — 14 businesses
• Auto Repair — 14 businesses
• Childcare — 14 businesses
• Fast Food — 13 businesses
• Banking & Finance — 12 businesses
• Information — 11 businesses
• Other — 10 businesses

Full demographic profile

Population	27,785
Households	10,722
Median household income	$199,800
Per capita income	$108,412
Median age	40.5
% bachelor's degree or higher	81.495%
% age 18–34	17.603%
% age 65+	12.428%
% renter-occupied	40.519%
Median home value	$2,000,001
Median gross rent	$2,945
Unemployment rate	2.978%

Nearby ZIPs in CA

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