Moving to Palo Alto, California, in 2021?

Moving to Palo Alto, California.

Palo Alto is a beautiful city in California in the area of San Francisco’s Bay Area. It is located in the Northwestern corner of Santa Clara. This place is a great town to live in as a family and is a safer place with lots of parks and green spaces with some of the best schools in the country. 

Palo Alto means “tall trees” that has over 36,000 trees lining its roads. It’s also considered to be the home to Stanford University. 

Palo Alto, with a population of 63,820 with a GDP per capita income of $75,257 USD. Some of the official languages spoken in this place are English, German, French, Vietnamese and Korean. 

Palo Alto, California

If you are thinking of moving to Palo Alto, California in the year 2021, then you need to consider some of the things that will help you to know about the city better. For instance, the housing costs in Palo Alto vary from the types of rooms such as-

  • 1-bedroom apartment in City Centre: $2,300++
  • 1-bedroom apartment outside the City Centre: $1,800++
  • 3-bedroom apartment in City Centre: $4,000++
  • 3-bedroom apartment outside the City Centre: $3,500++

Palo Alto Home Purchase Prices

  • Price per square meter (10.7 square feet (ca. 1 m²)) to buy in City Centre: $17,000+
  • Price per square meter (10.7 square feet (ca. 1 m²)) to buy outside City: $12,000+

This place contains some of the most expensive real estate in the United States. In such a case, you can start living by saving on the housing costs. 

Palo Alto is considered to be one of the top cities with a high quality of education and is a place with high ratings in healthcare, environmental quality as well as economy. 

Palo Alto Transportation Fares:

This place. Just like any other town relies on cars as a source of travelling around the city. There is a “Caltrain” that will take you to San Francisco in 40 minutes whereas the “slow trains” stop along the way at towns such as San Jose. 

Cost of Living in Palo Alto:

If we compare this place with the rest of the world, then the cost of living in Palo Alto is 371.0% higher than the U.S average. This includes housing, food, utilities, transportation, healthcare costs and taxes. 

Quality of life in Palo Alto:

If you are living in Palo Alto along with your family and kids, then this is a perfect place to move in 2021. The public schools in this place are top-rated in CA. People are so friendly in this place that it will make it more worthy to live in. Besides this, the weather in this place is amazing. You can enjoy the year-round beach trips to Half Moon Bay, all year hiking in the foothills and to play outside in the winter too. 

Palo Alto is referred to as having its own ecosystem that makes people live here, play here as well as to get all the services here. This place is a suburb with a downtown with cool restaurants and bars. 

Heart of Silicon Valley:

Palo Alto is a heart of Silicon Valley which makes it lead to other neighboring towns to visit such as Mountain View, Los Altos and Menlo park. This place is next to Stanford University and will give you the feeling of being one of the movers and shakers of the tech industry. Also, the downtown area in this place is a very lively and a happening place with so many cafés, restaurants and bars. 

Cost of owning and driving a car in Palo Alto:

In this place, many residents use cars to travel around the city . If you decide to live somewhere in the Peninsula, you’ll definitely need a car for running errands. You need to have a license by starting with the foreign license for a year as a tourist but after that, you need to get an American license too. 

Taxes in Palo Alto:

No matter in which city you are living, you are required to pay the federal and state taxes. Sales tax is considered to be 8.75% including both the goods and services. But if you have your own home then you need to pay the property tax as well. Also, if you have decided to pay to buy an apartment or house, then you need to pay a real estate transfer tax. 

Moving to Palo Alto alone:

If you are thinking of relocating to Palo Alto then it can be a bit of a lonely experience. But there is always something going on in the town that will help you to settle in and enjoy the time. 

Moving to Palo Alto for work:

If you are deciding to move to Palo Alto for the purpose of working then you need to know that the high-tech industry is the main employer in the town. They pay very well and the products themselves are also very good. 

Downtown Palo Alto Luxury Living

Adults-only Palo Alto apartments in University South, near Stanford University

430 Forest Apartments are a luxury unlike the rest. The Building is located downtown Palo Alto in the finest area of Silicon Valley. Close to Stanford University, Incredible shopping, and easy access to just about anywhere on the San Francisco Peninsula. 

The unit features Caesar stone Quartz countertops in the kitchen and bathrooms, Marble in the master suite, Engineered hardwood flooring, smart things controllers, led lighting, motorized roller shades, and large private patios. The decor is extravagant and the entire building is solar. This is one of Palo Alto’s most renowned Sustainable buildings.

Luxury home in Palo Alto, California
Moving to Palo Alto, CaliforniaMoving to Palo Alto, California

Beautiful Weather at Palo Alto CA:

One of the perks of living in Palo Alto CA is the beautiful weather. Who doesn’t enjoy a beautiful day, or better yet, several beautiful days in a row? According to Estately, “Palo Alto has a pleasant-year-round Mediterranean Climate and enjoys a “let’s-drink-a-margarita-on-the-patio” warmth for most of the year. Palo Alto gets 261 sunny days per year. The summers are warm and dry while the winters are colder and wetter. 

So, thinking of moving to Palo Alto then do consider the above points to make your decision and start with your new journey! Pannazz has some beautiful houses for sale in Palo Alto, CA

Palo Alto and Silicon Valley attract a lot of people from the UK.

Pannazz Real Estate