Our Neighborhoods 2014

Page 23

MENLO PARK Ro a

Redwood City

Suburban Park/ Lorelei Manor/ Flood Triangle

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Stanford Linear Accelerator

2013-14 CITY GENERAL FUND BUDGET: $42.3 million

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32,026 HOUSEHOLDS (20072011): 12,347 SINGLE-FAMILY HOUSING (2010):

61.3 percent MEDIAN HOME PRICE:

$1,500,000 MEDIAN CONDOMINIUM PRICE: $851,500 MEDIAN HOUSEHOLD INCOME (2010):

$105,909

O

nce known as the “Sleepy Hollow of California,” Menlo Park did not take off as a community until after World War II. Despite its proximity to Stanford University, Sand Hill Road venture capitalists, dot-com start-ups and research institutions, “Menlo Park still at least seems like a small town,” notes Michael Svanevik and Shirley Burgett in their published “Menlo Park:

Beyond the Gate.” Landowners first incorporated back in 1874, but chose to “disincorporate” a mere two years later. It wasn’t until 1927 that today’s city was established. Menlo Park now offers a suburban enclave with many urban amenities: from a bustling downtown and strong public school district, to plenty of parks and recreation facilities.

Neighborhoods | The Almanac | 23


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