Most Expensive Menlo Park Neighborhoods
Menlo Park is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 33,309 people and ten constituent neighborhoods, Menlo Park is the 236th largest community in California.
Menlo Park home prices are not only among the most expensive in California, but Menlo Park real estate also consistently ranks among the most expensive in America.
Menlo Park is a decidedly white-collar city, with fully 93.64% of the workforce employed in white-collar jobs, well above the national average. Overall, Menlo Park is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Menlo Park who work in management occupations (17.91%), sales jobs (9.54%) and teaching (9.53%).
Also of interest is that Menlo Park has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Menlo Park is also a city of artists. Menlo Park has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Menlo Park’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.71% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Menlo Park is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
For the size of the city, public transportation in Menlo Park is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Menlo Park, the benefits are reduced air pollution and congestion on the highways.
If knowledge is power, Menlo Park is a pretty powerful place. 70.89% of the adults in Menlo Park have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Menlo Park in 2010 was $69,802, which is wealthy relative to California and the nation. This equates to an annual income of $279,208 for a family of four.
Menlo Park is a very ethnically-diverse city. The people who call Menlo Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Menlo Park residents report their race to be White, followed by Asian. Menlo Park also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.85% of the city’s residents. Important ancestries of people in Menlo Park include English, German, Irish, Italian, Scottish and European.
In addition, Menlo Park has a lot of people living here who were born outside of the US (23.62%).
The most common language spoken in Menlo Park is English. Other important languages spoken here include Spanish and Chinese.
|MENLO PARK INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||12,397|
|MENLO PARK HOME OWNERSHIP|
|% OWNER OCCUPIED||54.29%|
|% RENTER OCCUPIED||45.71%|
|TYPE OF MENLO PARK HOMES|
|SINGLE FAMILY DETACHED||54.25%|
|ROWHOUSES AND ATTACHED HOMES||7.69%|
|SMALL APARTMENT BUILDINGS||12.07%|
|COMPLEXES OR HIGH RISE APARTMENTS||25.61%|
|SIZE OF MENLO PARK HOMES|
|5 OR MORE BEDROOMS||4.51%|
|AGE OF MENLO PARK HOMES|
|NEWER HOMES (2000 OR LATER)||5.02%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||26.02%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||61.31%|
|HISTORIC (1939 OR BEFORE)||7.66%|
|MENLO PARK REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,823,380|
|MEDIAN RENTAL PRICE||$2,553|
|HOME VALUE RANGE|
|$0 - $79,000||0.46%|
|$79,001 - $158,000||0.51%|
|$158,001 - $316,000||1.90%|
|$316,001 - $474,000||1.77%|
|$474,001 - $632,000||2.94%|
|$632,001 - $790,000||4.11%|
|$790,001 - $1,185,000||9.94%|
|$1,185,001 - $1,580,000||14.89%|
|PEOPLE OF MENLO PARK||DETAILS|
|UNDER 5 YEARS||7.21%|
|5 TO 17||17.23%|
|18 TO 24||5.46%|
|25 TO 34||15.32%|
|35 TO 54||29.26%|
|55 TO 64||12.03%|
|65 YEARS AND OVER||13.48%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||93.51%|
|MEDIAN HOUSEHOLD INCOME||$115,650|
|PER CAPITA INCOME||$69,802|
|INDIVIDUALS BELOW POVERTY LEVEL||6.41%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (17.81%)
Information Technology (5.95%)
Real estate (2.73%)
Public Service (2.54%)
|BLACK OR AFRICAN AMERICAN||5.12%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.34%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||1.84%|
|SOME OTHER RACE ALONE||4.97%|
|TWO OR MORE RACES||4.08%|
|HISPANIC OR LATINO (OF ANY RACE)||15.85%|
|ETHNICITIES PRESENT||English (12.07%)
|LANGUAGES SPOKEN||English (70.61%)
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