AlamoPA Mailing List: Fw: Most expensive town

[Sallie Carlson (wacsc11945]

----- Forwarded Message -----
From: Robert Ahrenkiel <gp-bob11 [at] att.net>
To:
Sent: Tuesday, June 12, 2018 12:22 AM
Subject: Fw: Most expensive town

A shucks!  I guess I don't qualify.

bob

Just in case you wanted to know  ……..

California: Los Altos Hills

> Median household income: $243,701 (state: $63,783)
> Households earning $200,000 or more: 56.2% (state: 8.7%)
> Adults with at least a bachelor’s degree: 84.6% (state: 32.0%)
> Median home value: $2,000,000+ (state: $409,300)
> Population: 8,376

Los Altos Hills is the wealthiest town in both California and the United States. The typical Los Altos Hills household earns $243,701 a year, nearly four times the median income of $63,783 in California. The area's high incomes are reflected in high property values. Los Altos Hills is one of only five American towns where over half of all homes are worth at least $2 million.

Higher education can open doors to higher-paying jobs, and high-income areas tend to have large college-educated populations. In Los Altos Hills, 84.6% of adults have a bachelor’s degree or higher, the largest share of any town in California. Los Altos Hills is located in Silicon Valley, a region with a high concentration of high paying tech companies including Apple, Facebook, and Google.

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