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Los Altos city, CA
ZIP 94024 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
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Income, employment, industries, and economic trends
Income & Economy in Los Altos city, CA (94024)
Median Income
$250,001
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,165
Wealth inflow
Population
23,673
Unemployment
4.8%
1.0pp above US avg
IRS migration statistics show a net inflow of about 1,165 for ZIP 94024 (Los Altos city, CA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 94024 (2020–Present)
Since 2020, population declined 0.1%, median income fell 14.2% (inflation-adjusted), home values decreased 15.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $250,001 |
| Unemployment | 4.8% |
| Establishments | 470 |
| Employees | 3,126 |