ZIP Code 94301 — Palo Alto, CA

IRS Income Data, Tax Year 2022

$1,641,171
Average AGI
#4
National Rank
#1
CA State Rank
8,060
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 94301.

$1 - $25,000
14.1%
$25,000 - $50,000
8.3%
$50,000 - $75,000
7.3%
$75,000 - $100,000
6.3%
$100,000 - $200,000
18.5%
$200,000 or more
45.4%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 1,140 $11,445,000 $10,039 14.1%
$25,000 - $50,000 670 $25,188,000 $37,594 8.3%
$50,000 - $75,000 590 $36,610,000 $62,050 7.3%
$75,000 - $100,000 510 $44,094,000 $86,458 6.3%
$100,000 - $200,000 1,490 $219,435,000 $147,271 18.5%
$200,000 or more 3,660 $12,891,072,000 $3,522,150 45.4%
Total 8,060 $13,227,844,000 $1,641,171 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Sunnyvale, CA 0 mi $219,603 61,700
Santa Clara, CA 0 mi $188,351 60,810
San Jose, CA 6 mi $143,759 481,630
Fremont, CA 29 mi $190,182 104,110
Hayward, CA 37 mi $88,083 90,120
Salinas, CA 42 mi $68,325 74,290

Similar ZIP Codes in California

ZIP Code City Avg AGI Nat. Rank
94304 Palo Alto $1,603,574 #5
94027 Atherton $1,587,518 #6
90067 Los Angeles $1,267,629 #8
94028 Ladera $980,737 #17
94104 San Francisco $900,235 #20
94920 Belvedere $865,678 #23
94022 Los Altos $839,578 #25
93108 Montecito $763,416 #42

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
94024 Los Altos, CA 0.0 mi $611,574 #74
94040 Mountain View, CA 0.0 mi $258,604 #498
94041 Mountain View, CA 0.0 mi $276,435 #432
94043 Mountain View, CA 0.0 mi $231,446 #636
94086 Sunnyvale, CA 0.0 mi $202,806 #855
94087 Sunnyvale, CA 0.0 mi $269,221 #465
94089 Sunnyvale, CA 0.0 mi $146,163 #1,855
94304 Palo Alto, CA 0.0 mi $1,603,574 #5

About This Data

Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 1,475 ZIP codes in California and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.