ZIP Code 94306 — Palo Alto, CA
IRS Income Data, Tax Year 2022
$370,170
Average AGI
#232
National Rank
#48
CA State Rank
13,250
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 94306.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 2,060 | $21,395,000 | $10,385 | 15.6% |
| $25,000 - $50,000 | 1,300 | $48,703,000 | $37,463 | 9.8% |
| $50,000 - $75,000 | 1,300 | $81,045,000 | $62,342 | 9.8% |
| $75,000 - $100,000 | 970 | $84,557,000 | $87,172 | 7.3% |
| $100,000 - $200,000 | 2,460 | $356,979,000 | $145,113 | 18.6% |
| $200,000 or more | 5,160 | $4,312,086,000 | $835,675 | 38.9% |
| Total | 13,250 | $4,904,765,000 | $370,170 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Santa Clara, CA | 0 mi | $188,351 | 60,810 |
| Sunnyvale, CA | 0 mi | $219,603 | 61,700 |
| 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 |
|---|---|---|---|
| 91108 | San Marino | $369,275 | #233 |
| 94941 | Mill Valley | $371,880 | #228 |
| 94705 | Berkeley | $376,218 | #223 |
| 92014 | Del Mar | $377,371 | #221 |
| 91011 | Flintridge | $362,888 | #243 |
| 90265 | Malibu | $378,973 | #220 |
| 94105 | San Francisco | $379,746 | #218 |
| 94549 | Lafayette | $380,382 | #217 |
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 |
| 94301 | Palo Alto, CA | 0.0 mi | $1,641,171 | #4 |
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.