Cost of Living in Menlo Park, CA
Population: 32,775 • 2026 Data
$206,588
Median Household Income
+167% vs national
$3,156
Median Monthly Rent
+134% vs national
$2,000,001
Median Home Value
+490% vs national
4.2%
Unemployment Rate
Housing in Menlo Park
The median home value in Menlo Park, CA is $2,000,001. Monthly rent for a typical unit averages $3,156, while total monthly housing costs (including utilities and insurance) average $3,418.
Rent-to-income ratio: 18.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Menlo Park, CA is $206,588. The unemployment rate stands at 4.2%, with a labor force of 17,293 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.