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Named for an ancient redwood tree that was a living landmark for late-1700s Spanish explorers, Palo Alto today is a diverse community, a mixture of high-tech and locally owned companies and more than 26,000 homes.
Over time, the demographics of Palo Alto have changed dramatically. What once was a homogeneous, mostly blue-collar community, with an enclave of Stanford University professors, has become a diverse, mostly well-to-do, well-educated, but aging, population.
Despite a median household income of $117,574 in 2000, many are challenged to keep up with the ever-rising median home price — $1,600,000 (from December 2007 through November 2008).
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Palo Alto CA