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What is the average salary in Palo Alto, CA?

The average salary in Palo Alto, CA is $113,635 per year.

Palo Alto, CA, offers competitive salaries across various job sectors. The average yearly salary in Palo Alto stands at $113,635, reflecting a robust job market. People working in this area often enjoy higher-than-average wages, making it an attractive place for job seekers.


The salary distribution provides a clear picture of the earning potentials in Palo Alto. A notable percentage of workers earn between $59,000 and $188,600 annually. This range includes many popular job sectors. For instance, those in higher-paying jobs, like in software development or engineering, can expect salaries at the top end of this range. This makes Palo Alto an exciting place for career growth and financial stability.

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What are the best paying jobs in Palo Alto, CA?

Palo Alto, California, stands out as a hub for high-paying jobs in various fields. The region offers lucrative opportunities in technology, healthcare, and engineering. Machine Learning Engineers, for instance, enjoy an average salary of $213,964. Other top earners include Nurse Practitioners and Staff Engineers, each making over $180,000 annually. These jobs reflect Palo Alto's vibrant tech and healthcare sectors. Positions like Product Managers and Software Engineers also offer strong salaries, generally above $175,000. Professionals in roles such as Validation Engineers and Technical Programs Managers can expect competitive compensation packages as well. This makes Palo Alto an attractive destination for job seekers aiming for financial success.
Graph displaying best paying job salaries in Palo Alto, CA, highlighting Machine Learning Engineer with the highest at $213,964 and Firmware Engineer with the lowest at $162,952.
  1. Machine Learning Engineer
    Average Salary: $213,964
    This role involves developing algorithms and models. Companies like Google and Apple create intelligent systems. They focus on improving data-driven automation.
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  2. Nurse Practitioner
    Average Salary: $196,244
    In this role, one provides primary and specialty care. Working with companies like Kaiser Permanente, they ensure patients receive top-notch care. This position demands strong clinical skills and empathy.
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  3. Staff Engineer
    Average Salary: $185,229
    This position leads engineering teams. Companies like Tesla and Oracle look for experts. They manage projects from concept to completion. It requires technical excellence and leadership.
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  4. Product Manager
    Average Salary: $182,957
    This role involves defining product strategy. Working at firms like Google and Salesforce, they identify market needs. They collaborate with teams to bring products to life. It demands strong analytical skills and vision.
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  5. Pharmacist
    Average Salary: $178,574
    This position ensures safe medication use. At Walgreens and CVS, they provide patient care. They review prescriptions and offer advice. It requires attention to detail and a caring approach.
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  6. Software Engineer
    Average Salary: $177,647
    In this role, one designs and develops software. Companies like Apple and Palantir seek skilled engineers. They focus on creating efficient and user-friendly applications. It demands strong problem-solving skills.
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  7. Validation Engineer
    Average Salary: $166,930
    This role tests and validates software. At Intel and Tesla, they ensure products meet quality standards. They work closely with development teams. It requires a keen eye for detail and technical expertise.
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  8. Technical Programs Manager
    Average Salary: $165,379
    This position manages technical projects. Working at Microsoft and Oracle, they oversee project execution. They ensure projects meet deadlines and budgets. It demands strong organizational and leadership skills.
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  9. Nurse Case Manager
    Average Salary: $165,186
    This role coordinates care for patients. At Kaiser Permanente and Sutter Health, they ensure smooth healthcare delivery. They work with doctors and families. It requires compassion and excellent communication skills.
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  10. Firmware Engineer
    Average Salary: $162,952
    In this role, one develops firmware for devices. Companies like Apple and Intel seek experts. They write code for hardware. It demands strong technical skills and problem-solving abilities.
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What are the best paying jobs in Palo Alto, CA without a degree?

Job seekers in Palo Alto, CA, looking to earn a good salary without a degree, have several lucrative options. Roles like Restaurant Manager and Floor Tech offer strong incomes. On average, a Restaurant Manager earns around $67,000, while a Floor Tech brings in approximately $54,000. Both positions provide opportunities for growth and stability in a thriving industry. Other high-paying jobs without a degree include Meat Cutter, Housekeeping, and Server Assistant. These roles offer competitive salaries and the chance to work in bustling environments. For instance, a Meat Cutter earns about $53,000, and a Server Assistant makes around $46,000. These jobs are ideal for those seeking reliable employment and good earnings in Palo Alto.
Graph displaying best paying job salaries in Palo Alto, CA without a degree, highlighting Restaurant Manager with the highest at $66,967 and Barista with the lowest at $40,880.
  1. Restaurant Manager
    Average Salary: $66,967
    Manage daily operations. Oversee staff and ensure customer satisfaction. Work in upscale eateries.
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  2. Floor Tech
    Average Salary: $54,256
    Maintain cleanliness and safety of floors. Use industrial equipment. Ensure a welcoming environment in high-traffic areas.
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  3. Meat Cutter
    Average Salary: $52,875
    Cut and prepare meat for sale. Follow health regulations. Work in grocery stores or specialty butcher shops.
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  4. Housekeeping
    Average Salary: $52,714
    Clean guest rooms and common areas. Ensure a tidy environment. Work in hotels or large residential complexes.
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  5. Server Assistant
    Average Salary: $46,543
    Assist servers with table setup and service. Help with food and beverage orders. Ensure smooth operation of dining areas.
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  6. Service Team Member
    Average Salary: $45,491
    Provide customer service at the counter. Handle orders and transactions. Work in fast-food or quick-service restaurants.
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  7. Line Cook
    Average Salary: $45,248
    Prepare ingredients and cook food on the line. Work in a fast-paced environment. Ensure high-quality dishes.
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  8. Server
    Average Salary: $41,419
    Serve food and beverages to customers. Take orders and deliver food to tables. Provide excellent customer service.
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  9. Dishwasher
    Average Salary: $41,116
    Clean dishes, utensils, and kitchen equipment. Maintain cleanliness in the kitchen. Work in busy restaurants or cafes.
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  10. Barista
    Average Salary: $40,880
    Prepare coffee and other beverages. Serve customers with a smile. Work in cafes or coffee shops.
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Which companies offer the top salaries in Palo Alto, CA?

Palo Alto offers several top-paying companies that attract skilled professionals. Leading the pack is Snap Inc., where employees earn an average salary of $241,686. SAP follows closely with an average salary of $223,952 per year. Jazz Pharmaceuticals, Uniphore, and Amazon.com also provide competitive pay, with averages ranging from $207,122 to $186,698 annually. These companies offer not only attractive salaries but also opportunities for career growth. Amazon Web Services, Match Group, GEICO, HP, and Tencent also provide good compensation packages, with average salaries between $186,524 and $157,908. Job seekers in Palo Alto can find excellent opportunities with these companies.
Graph displaying company salaries in Palo Alto, CA, highlighting Snap Inc. with the highest at $241,686 and Tencent with the lowest at $157,908.
  1. Snap Inc.
    Average Salary: $241,686
    Snap Inc. is a well-known company in the tech world. They make the popular social media app, Snapchat. They focus on creating fun and interactive ways for people to share moments.


  2. SAP
    Average Salary: $223,952
    SAP is a global leader in enterprise software. They help businesses manage their operations and customers with innovative software solutions. They aim to make work life easier and more efficient.


  3. Jazz Pharmaceuticals
    Average Salary: $207,122
    Jazz Pharmaceuticals is a company dedicated to improving patients’ lives. They develop medicines for illnesses that need special attention. Their work focuses on making a difference in people’s health.


  4. Uniphore
    Average Salary: $206,534
    Uniphore offers powerful tools for customer service. They use artificial intelligence to help businesses talk to their customers better. Their goal is to make customer service faster and more effective.


  5. Amazon.com
    Average Salary: $186,698
    Amazon is one of the largest online shopping platforms in the world. They offer a wide variety of products and services. Amazon aims to make shopping easy and convenient for everyone.


  6. Amazon Web Services
    Average Salary: $186,524
    AWS is Amazon’s cloud computing service. They help businesses store and manage their data in the cloud. AWS provides reliable and scalable solutions for various needs.


  7. Match Group
    Average Salary: $185,297
    Match Group operates several dating platforms, including Tinder and OkCupid. They connect people looking for relationships. Their services aim to make dating more accessible and enjoyable.


  8. GEICO
    Average Salary: $176,419
    GEICO is a well-known insurance company. They offer car, home, and other types of insurance. GEICO is known for their affordable rates and excellent customer service.


  9. HP
    Average Salary: $172,626
    HP is a leading technology company. They create computers, printers, and other tech products. HP focuses on innovation and quality to meet customers’ needs.


  10. Tencent
    Average Salary: $157,908
    Tencent is a Chinese tech giant. They offer a range of services, including social media, gaming, and financial services. Tencent aims to connect people and provide useful tools.

How does the cost of living in Palo Alto, CA compare to the national average?

The cost of living in Palo Alto, CA, significantly exceeds the nationwide average. Based on the latest data, the overall cost of living index in Palo Alto stands at 177, which is 77% higher than the national average of 100. Each major category, from housing to miscellaneous expenses, shows elevated costs. For instance, housing alone is three times higher at an index of 300. This higher cost of living can impact the financial planning of job seekers relocating to Palo Alto. While the area offers many opportunities, it is essential to consider these increased costs when evaluating the overall suitability of the location.
Cost of living comparison graph for Palo Alto, CA vs. Nationwide: housing 200% higher, groceries 20% higher, utilities 15% higher, transportation 30% higher, healthcare 50% higher, miscellaneous 40% higher.

Palo Alto, California, stands out with a significantly higher cost of living compared to the national average, which is set at 100. Housing costs in Palo Alto are particularly steep, with an index value of 300, meaning it costs three times as much as the national average to rent or own a home in this area. This substantial increase in housing prices reflects the high demand for living near tech hubs and the limited availability of affordable housing options.


Other essential expenses also reflect the elevated cost of living in Palo Alto. Groceries, for instance, are 20% more expensive, with an index value of 120, while utilities cost 15% more at 115. Transportation costs are 30% higher than average, with an index of 130. Healthcare services are 50% above the national average at 150, and miscellaneous expenses, such as entertainment and personal care, are also 40% higher at 140. These figures highlight the financial considerations job seekers must weigh when contemplating a move to Palo Alto.

There are 1,380 job openings in Palo Alto, CA, today!

Take a deeper dive into the job market in Palo Alto, CA

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City
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Palo Alto, CA
1,380 Job Openings