List of top 10 richest cities in California ranked (2024)
What city in California has the most money? California is a diverse state well known for being home to some of the wealthiest cities and towns in the United States. The state's diverse geography, from coastal areas to mountains and deserts, offers various living environments and cultural experiences. Here is a list of some of the richest cities in California.
Source: Getty Images
The richest cities in California are scattered from Bay Area to Orange County to Los Angeles, and each offers a unique blend of luxury, culture, and opportunity. Their affluence can be attributed to various factors, including proximity to major tech hubs, exclusive neighbourhoods, high-end real estate, and a concentration of high-paying jobs in various industries.
Top 10 wealthiest cities in California
The richest area in California exhibits several indicators of economic prosperity and high living standards. A high median household income is one of the primary indicators of the richest city in California. Here are the richest towns in California ranked.
1. Atherton - $539,944
What is the richest town in the US? Atherton is the richest city in California and is known for its exclusivity and wealth. It is in San Mateo County, California, within the San Francisco Bay Area. The real estate market in Atherton is known for its multimillion-dollar properties and large estates, making it one of the most expensive housing markets in the country.
Source: UGC
2. Hillsborough - $510,494
Also located in San Mateo County, Hillsborough is famous for its picturesque residential estates and mansions. The city boasts a well-established and wealthy community. The town is also served by highly regarded public and private schools, adding to its appeal for families seeking top-notch education for their children.
Source: UGC
3. Rolling Hills Estates - $438,434
Rolling Hills Estates is an exclusive residential community with upscale properties and high median household incomes. It is an affluent residential community known for its picturesque landscapes, large estates, and high standard of living. The city has a robust equestrian culture, with winding horse trails throughout the neighbourhoods.
Source: UGC
4. Portola Valley - $435,371
Portola Valley is a town located in San Mateo County, California, within the San Francisco Bay Area. It is one of the most affluent communities in the Bay Area, with many residents being successful professionals, entrepreneurs, and executives in the technology and finance industries.
Source: UGC
5. Woodside - $430,036
Woodside is a town located in San Mateo County, California, within the San Francisco Bay Area. Woodside is an affluent community known for its rural charm and large estates. It also has a robust equestrian culture, with many properties featuring horse facilities and riding trails.
Source: UGC
6. Monte Sereno - $418,626
Situated in Santa Clara County, Monte Sereno is a small city with a low population but high average household incomes, attributed to its affluent residential neighbourhoods. The city's rural feel and proximity to urban centres make it an attractive destination for those seeking a tranquil and luxurious lifestyle.
Source: UGC
7. Los Altos Hills - $417,418
Los Altos Hills is an affluent residential community with a scenic landscape and prestigious neighbourhoods. Its residents typically enjoy high incomes and property values. The town is nestled in the foothills of the Santa Cruz Mountains, offering scenic views and a tranquil setting amidst nature.
Source: UGC
8. Emerald Lake Hills - $408,201
Emerald Lake Hills is an unincorporated San Mateo County, California community within the San Francisco Bay Area. It is a residential neighbourhood known for its scenic beauty, wooded landscapes, and close-knit community atmosphere. It is also close to Emerald Lake, offering residents a serene setting, cultural attractions, and recreational opportunities.
Source: UGC
9. Hidden Hills - $399,340
Hidden Hills is an exclusive and affluent Los Angeles County, California city. It is a gated community known for its privacy, large estates, and celebrity residents. The gated nature of Hidden Hills and its focus on privacy and security make it an attractive choice for high-profile individuals seeking a secluded lifestyle.
Source: UGC
10. Belvedere - $389,540
Belvedere is a city in Marin County, California, in the San Francisco Bay Area. It is an affluent and exclusive community known for its stunning views, upscale properties, and waterfront location. Belvedere is home to the San Francisco Yacht Club and has a marina, making it popular among boating and sailing enthusiasts.
Source: UGC
Where is the richest county in California?
Santa Clara County is one of the richest counties in California. This is highly attributed to the concentration of tech giants like Apple, Google, and Facebook.
Which part of California is the wealthiest?
The San Francisco Bay Area, particularly the region surrounding Silicon Valley, is generally considered one of the wealthiest parts of California and the United States. The Bay Area is known for its concentration of technology companies, venture capital firms, and highly educated workforce.
What is California famous for?
From famous landmarks such as the Golden Gate Bridge and the Hollywood sign to the Golden State's rich outdoor opportunities, this eclectic state makes for a well-rounded vacation.
Which city has the most billionaires?
New York City topped the list with 136 billionaires in 2022. The city's uber-rich population lost two from 2021 to 2022 but is still the global billionaire capital.
Above are the 10 richest cities in California. It is important to note that wealth distribution in a town can vary significantly, and not all areas within a wealthy city may share the same level of affluence.
READ ALSO: Top 20 strongest and weakest currencies in the world
Briefly.co.za recently published an article about the 20 strongest and weakest currencies in the world. The currency's strength is measured by several factors, such as currency rates, nominal gross domestic product (GDP) per capita, and inflation rate, among other economic and political issues.
Source: Briefly News
