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Palo Alto County

Learn about the people, housing, costs and businesses in Palo Alto County County

Median Home$123,795
Median Rent$663/month
Population8,863
Leading IndustriesConstruction · Wholesale Trade · Agriculture & Mining12% construction
Home Value Growth⬆⬆+14.4% over 2 years
Retirees22% of residentsnear the national average
Homeowners77% of occupied units
NotableAffordable Market$124k median home · lower cost than 83% of the country
Palo Alto County
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Frequently Asked Questions

What are today's mortgage rates in Palo Alto County?

As of today, the 30-year fixed mortgage rate for Palo Alto County is approximately 7.150% (7.183% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Palo Alto County
What is the median home price in Palo Alto County?

The median home value in Palo Alto County is $124k. The median monthly rent is $663. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Palo Alto County?

Home values in Palo Alto County have increased 14.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Palo Alto County?

Based on a typical all-in ownership cost of $721/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Palo Alto County is $72k/year.

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What industries drive the economy in Palo Alto County?

The largest employment sectors in Palo Alto County are public administration (22%) and agriculture and mining (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas