Ranking of the top 10 richest cities in California 2020 – California, a western U.S state in the pacific region, noted for so many sterling records. The State is the most populous U.S state at 39.5million (2017 est.) and boasts of an economy of $1.75 trillion making it the largest economy in the US, and the 5th in the world, only behind countries; United States, China, Japan, and Germany. So, why the top 10 richest cities in California? it’s home to 4 out of the world ten largest companies by market capitalization. Its economy is multi-diverse from services, to export commerce to an agricultural economy.
Top 10 Richest Cities In The California 2020
Atherton is an incorporated town situated in San Mateo County, California USA and currently the richest city in California. This town is known for its wealth and affluence. Atherton was named for Faxon Dean Atherton, a politician and a landowner who was also a native of San Mateo County. Atherton has a total land area of 5.06 square miles and an estimated population of about 6914 residents as of 2010 population census.
The average household income in Atherton is $525,324. This town has dynamic network associations such as the Atherton Heritage Association, the Atherton Arts Committee, the Atherton Tree Committee, the Friends of the Atherton Community Library, the Holbrook-Palmer Park Foundation, the Atherton Dames, the Police Task Force, and the Atherton Civic Interest League. There are also property holders’ associations in different neighborhoods. The Menlo Circus Club is an exclusive hangout with tennis, swimming, stables and a riding ring situated inside the town. Some of the notable people from this town are Mohammed Atalla who is a prominent Egyptian-American engineer, J.B Pritzker, CiCi Bellis, Doulas Engelbart, and Drew Fuller.
Hillsborough is another wealthy incorporated town in California, USA. Hillsborough is located in San Mateo county. The town as of 2010, has an estimated population of about 10,825 residents. Hillsborough is bordered to the east by a Mateo, to the north by Burlingame, to the west by Interstate 280 and the south by Highlands-Baywood Park.
Hillsborough is situated on the Rancho San Mateo Mexican land award which was bought by William Davis Merry Howard, child of a rich Hillsborough, New Hampshire, shipping financier, in 1846. Howard settled his family in Hillsborough which later drew other rich San Franciscans. Hillsborough is close to Burlingame. Moreover, Hillsborough occupants cast a ballot in 1910 to incorporate the town. Hillsborough has an average household income of $430,681. Some of the notable Hillsborough residents are Pat Burell, Eric Dane, Andre Ethier, Jenny Craig, Jimmy Kimmel, and Lucio Tan.
3. Los Altos Hills
Los Altos is an incorporated town situated in Santa Clara County, California, United States. According to the 2010 population census, the town has an estimated population of about 7,922 residents. This town was incorporated on January 27, 1956. Besides, it has a land area of about 8.92 square miles. The average household income for this town is $405,073. Los Altos Hills is currently one of the richest towns in the USA. Los Altos is strictly a residential area and was upheld by the California court of appeal in 1973. Some of the notable people from Los Altos Hills are Sergey Brin, David Packard, Jerry Yang, Barry Bonds, Gordon Moore, Sundar Pichai, and Becky Morgan.
Kentfield, forth among the richest cities in California, a census-designated area located in Marin County, California, USA. Kentfield residents have an average household income of $311,015. According to the 2010 population census, Kentfield has an estimated population of about 6,485 residents. Also, it has a land area of about 3.041 square miles. The story of Kentfield begins in 1857, James Ross (1812–1862) purchased Rancho Punta de Quentin. Ross, a Scot who had shown up in San Francisco from Australia in 1848 and made his fortune in the discount alcohol business, set up an exchanging post called “Ross Landing”. Albert Emmett Kent purchased the land from the Ross domain in 1871. Kent made a home called Tamalpais, later applied to the settlement by the railroad. Albert Emmett Kent’s child, William Kent, was a US Congressman, humanitarian and organizer of Muir Woods. The name of the town was changed to Kent during the 1890s, lastly to Kentfield with the opening of the primary mail station in 1905.
5. Los Altos
Los Altos is a city situated in Santa Clara County, California, USA. In Spanish, the word ‘Los Altos’ means ‘the height’. According to the 2010 population census, the Los Altos population was calculated to be around 28,936. This city was incorporated effectively on December 1, 1962. Besides, it has a land area of about 6.47 square miles. Although the city has witnessed some mild economic situation recently, still, it is one of the richest cities in California. Some of the notable people from Los Altos are Steve Jobs, Sergey Brin, John Warnock, Andrew Grove, and William E. Moerner.
Piedmont is a semi-suburban city situated in Alameda County, California, United States. According to the 2010 population census, Piedmont has an estimated population of 10,667 residents. The city has a total land area of 1.70 square miles. The name Piedmont was derived from the Italian language. In the Italian language, Piedmont means foothill. Piedmont city was incorporated effectively in 1907. The average household income of Piedmont residents is $295,742.
Orinda city, seventh richest city in California, is located in Contra Coasta County, California, USA. Orinda was incorporated effectively on July 1, 1985. The city has a land area of 12.87 square miles. According to the 2010 population census, Orinda has an estimated population of 17, 643. Orinda is a location with beautiful natural landscapes that draws the attention of hikers and naturalists. Besides, in 2012, Orinda was given the title of the most friendly town in America by Forbes. Orinda residents have an average household income of $293, 898.
Alamo is an unincorporated area located in Contra Costa County, California, USA. This town has a land area of 9.67 square miles. The population of this town was 14, 750 according to the 2010 population census. Alamo is widely known for its notable residents, nice weather conditions, country-styled, and classic lifestyle. The average household income in Alamo town is $288, 541.
Malibu is a beach city located in Los Angeles County, California, USA. This city was incorporated effective on March 28, 1991, and is widely known for its stunning Mediterranean climate. Malibu is also known to be the residential area for a lot of movie stars, Hollywood, home for people in the entertainment industry and other affluent people. Malibu has a total land area of 19.83 square miles. The estimated population of Malibu residents as of 2010 population census was 12,645. The average household income in Malibu is $275,675.
Blackhawk is an expertly planned community that is located in Contra Costa County. Blackhawk town has an estimated population of 9,354 residents according to the 2010 population census. The town is famous for its usual affluent lifestyle and wealthy residents. Blackhawk has a total land area of 5.81 square miles. The average household income in Blackhawk town is $272, 940.
Overview Of California
California is a rich and wealthy state in the US. Moreover, the state has quite a lot of affluent communities, towns, and cities under it. The richest cities in California have been listed above.
The agriculture industry in California is so vibrant that it records the highest output of any state. California is famous for many other things from being the pioneer in pop culture-as the Centre of the hippie counterculture; film industry-as the seat of Hollywood and Disneyland and innovation-as the seat of Silicon Valley, world-leading technology hub. Its popular cities include Sacramento(capital), Bakersfield, Los Angeles, Palm spring, San Francisco, San Jose, Santa Cruz, etc.
Calculating the top wealthiest cities in California involves considering many indices apart from personal income. What makes the city that is used in the analysis? A city is a place with a population of 5,000 people. To arrive at this rank, 427 of such places in California were compared with the 3 indices of the poverty level, median household income and unemployment rate tallied from the census data of the American community survey from 2012-2016 and an average was calculated to get the rank list with the city with the lowest average score ranked the wealthiest. In California, City and town are used synonymously.
Conclusion On The 10 Richest Cities In California
California as a beautiful state in America has a very interesting and serene atmosphere, which are not just in one location or city but are around the state, consideration has been given to some city that is the wealthiest in the state, which has been thoroughly discussed in the preceding paragraph and headings, it is an interesting write up worth reading.