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Menlo Park California Real Estate By Jennifer Hershey

Menlo Park California Real Estate

Menlo Park, California, is located in San Mateo County, 2 miles NW of Palo Alto, California and 19 miles NW of San Jose, California. Menlo Park has a population of 30,785.

Menlo Park Homes

Menlo Park properties pool is 12,426 residential properties including Menlo Park new homes. Median age of real estate in Menlo Park is 1957. Average Household size is 3.12 people. 5% are one bedroom homes, 23% are 2 bedroom homes, 48% are 3 bedroom homes, 19% are 4 bedroom homes, and 4% are 5+ bedroom homes.

Menlo Park Mortgage Statistics

Menlo Park mortgages vs. USA median statistics

Homes Menlo Park USA
Homes With No Mortgage 27%
30%
Homes With Mortgage 73%
70%
First Mortgage Only 55%
54%
First & Second Mortgage or HELOC 18%
16%

Menlo Park Area Real Estate Tax

Menlo Park Real estate Tax: Median Real Estate Taxes (2000) were $3,302 comparing to 1999 Median Family income $ 105,550. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Menlo Park School District: Children make up 21.9% of Menlo Park population. Menlo Park has 6,737 under 18 years old residents, or 0.44 kids per one worker, or 0.54 kids per one household.

Menlo Park Real Estate & Menlo Park Homeownership

There are 3976.32 or 32% one person households, 4473.36 or 36% two person households, and 1739.64 or 14% three person households in Menlo Park, California. Median residents age is 37.4, Senior citizens (65+) make up 4,889 or 15.9%% of Menlo Park population.

There are 15,237 workers (over 16 years of age) in Menlo Park. Of these, 82.63% drive to work. Approximately 4.03% of workers in Menlo Park take public transportation. An estimated 2.22% walk to work.

Median Menlo Park homeowner's housing expences are 21.1%

Crime in Menlo Park (2003), crimes per 10,000 residents per year

Type of Crime Menlo Park USA, 2003
Violent Crimes
21.44
47.5
Robberies
8.77
14.2
Aggravated Assaults
10.72
29.5
Property Crimes
273.18
358.8
Burglaries
59.12
74.0
Larceny-Thefts
194.9
241.5
Motor Vehicle Thefts
19.17
43.3

Invest in Menlo Park Properties

When making a decision about buying real estate in Menlo Park California area, you should consider following statistical data:

Category Menlo Park USA
Near Medium City
Palo Alto, California
-
Near Large City
San Jose, California
-
Menlo Park Zip Codes
94025, 94027, 94028, 94029
-
Menlo Park Area Codes
650
-
White population
72.35%
75.1%
African-American population
7.03%
12.3%
Asian
7.15%
3.6%
American Indian & Alaskan
0.44%
0.9%
Hispanic (of any race)
15.6%
12.5%
Median Family Income (1999)
$ 105,550%
$42,000
Population Below Poverty Level
6.69%
12.4%

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