Palo Alto, CA (Alma St / University Ave)




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Alma St / University Ave

NEIGHBORHOOD REPORT
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640 Vital Statistics. 32 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 6 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 2 Alerts

Found
Crimes alerts

Crimes


67

Statistics

alerts 4 Alerts

Found
Schools alerts

Schools


65

Statistics

alerts 5 Alerts

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328

Statistics

alerts 15 Alerts

Found


About Palo Alto, CA (Alma St / University Ave)


Real Estate Prices and Overview

Alma St / University Ave median real estate price is $1,966,946, which is more expensive than 97.5% of the neighborhoods in California and 99.6% of the neighborhoods in the U.S.

The average rental price in Alma St / University Ave is currently $2,656, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.8% of the neighborhoods in California.

Alma St / University Ave is an urban neighborhood (based on population density) located in Palo Alto, California.

Alma St / University Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Alma St / University Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Alma St / University Ave are 6.3%, which is lower than one will find in 67.7% of American neighborhoods. Demand for real estate in Alma St / University Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Notable & Unique: Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Alma St / University Ave neighborhood is a fantastic option for bicycle commuters, as 20.1% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.9% of the neighborhoods in America.

Also, more people in Alma St / University Ave choose to walk to work each day (13.1%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Notable & Unique: Occupations

Executives, managers and professionals make up 77.4% of the workforce in the Alma St / University Ave neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.5% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Notable & Unique: Diversity

Did you know that the Alma St / University Ave neighborhood has more Croatian and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Croatian ancestry and 2.1% have Austrian ancestry.

Alma St / University Ave is also pretty special linguistically. Significantly, 5.0% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.

Notable & Unique: People

Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 44.1% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.0% of U.S. neighborhoods, where the average American neighborhood has 8.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

In addition, one of the most interesting things about the Alma St / University Ave neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 49.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.7% of the neighborhoods in America.

Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Alma St / University Ave neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 96.7% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Alma St / University Ave neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.

Notable & Unique: Real Estate

The Alma St / University Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.


The Neighbors

The Neighbors: Income

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Alma St / University Ave neighborhood in Palo Alto are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.4% of the neighborhoods in America. In addition, 7.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 72.1% of America's neighborhoods.

The Neighbors: Occupations

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Alma St / University Ave neighborhood, 77.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 12.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.6%), and 3.5% in manufacturing and laborer occupations.

The Neighbors: Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Alma St / University Ave neighborhood in Palo Alto, CA, residents most commonly identify their ethnicity or ancestry as Asian (24.9%). There are also a number of people of English ancestry (12.9%), and residents who report German roots (10.7%), and some of the residents are also of Irish ancestry (7.1%), along with some Polish ancestry residents (5.8%), among others. In addition, 32.9% of the residents of this neighborhood were born in another country.

The Neighbors: Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Alma St / University Ave neighborhood is English, spoken by 65.5% of households. Other important languages spoken here include Chinese, Russian, Spanish and Japanese.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Alma St / University Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (41.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (48.2%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (20.1%) and 13.1% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

Neighborhood Real Estate Data

44 Vital Statistics. 6 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
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Average Market Rent

 

Average Market Rent:
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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Palo Alto, CA (Alma St / University Ave) HOMES

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TYPE OF Palo Alto, CA (Alma St / University Ave) HOMES

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SIZE OF Palo Alto, CA (Alma St / University Ave) HOMES

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SIZE OF Palo Alto, CA (Alma St / University Ave) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 2 Condition Alerts found.

Lifestyle

 
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Age / Marital Status

 

Age

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Gender Ratio

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Military & College Status

 
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Household Types

 

One person households

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Same Sex Partners

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Married Couple with Child

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Single Parent with Child

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Employment Industries in Alma St / University Ave

 
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Commute to work

 

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 
Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Unemployment Rate

 
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Average Income

 

Per Capita Income

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Median Household Income

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Education

 

Percent with College Degree

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income & education

 
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Neighborhood Crime Data

67 Vital Statistics. 4 Condition Alerts found.

Neighborhood Crime Data

 
total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type
Murder
Index
Rape
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Robbery
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Assault
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100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Alma St / University Ave 0.101011101001110
Palo Alto 0.101011101001110
California 4.26
My Chances of Becoming a Victim of a Violent Crime

1 in

in Alma St / University Ave

1 in

in Palo Alto

1 in 235

in California
Palo Alto VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000
United States VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Alma St / University Ave 0.101011101001110
Palo Alto 0.101011101001110
California 26.18
My Chances of Becoming a Victim of a Property Crime

1 in

in Alma St / University Ave

1 in

in Palo Alto

1 in 38

in California
Palo Alto Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000
United States Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Alma St / University Ave 0.101011101001110
Palo Alto 0.101011101001110
California 90

Neighborhood Public School Data

65 Vital Statistics. 5 Condition Alerts found.

School Rating Information

 
School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood *

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

PALO ALTO UNIFIED


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to California

(10 is best)

Better than of CA school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

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Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
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Total Support
Non-instructional Expenditures
Total Expenditures

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