Property Overview:
2540 Bowdoin St is a single-family home in Palo Alto, CA, built in 2017. It features 3 bedrooms, 2 bathrooms, and 1,951 sq. ft. of living space. The home includes a parking garage, forced air heating system, and cooling system. The estimated home value is $2,550,000 (last sold for $1,327,500 in 2019).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.9% (much lower than state average of 11.8%).
- Property crime risk: 2% (much lower than state average of 10.8%).
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Schools:
Nearby schools include Lucille M. Nixon Elementary, Ellen Fletcher Middle, Palo Alto High, and Packard Children’s Hospital/Stanford.- Average SAT score: 1159 (597 Math, 562 English)—well above the state average of 975.
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Job Market:
- 74.5% white-collar jobs, 25.6% blue-collar jobs.
- Unemployment rate: 2.9% (lower than state average of 4.7%).
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Demographics:
- Community population: 2,828 (27% growth since 2000).
- 46% families with children.
- Largest age group: 25-34 years (19.91%); second largest: 35-44 years (16.87%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 52.2°F (January), 88.3°F (July).
- Average rainfall: 15.6 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $93,371.
- Average annual spending: $65,471.
Property Features:
- Modern construction (built in 2017) with spacious layout.
- 3 bedrooms and 2 bathrooms.
- 1,951 sq. ft. of living space.
- Parking garage.
- Forced air heating and cooling system.
Location Benefits:
- Safe, family-friendly community with strong population growth.
- Top-rated schools and high academic performance.
- Excellent job market with low unemployment.
- Convenient access to Stanford and local amenities.
- Ideal for families seeking a vibrant, secure, and well-educated neighborhood.