4 of the Richest suburbs in the United States are in Southern California: Report

Everyone is aware of the financial requirements of living in Southern California. Where else can you find the seashore, snow-capped mountains, bustling metropolises, and sleepy villages all within an hour’s drive?

But how do the wealthiest suburbs in the Southland compare to the rest of the nation? Four suburbs in Southern California rank in the top 50 richest in the United States, per GoBankingRates.

They are listed in the following order:

Palos Verdes Estates

Rank: 14

The average family income in this coastal hamlet, which is situated between Long Beach and Torrance Beach on a peninsula, is a whopping $342,463. The average home in this affluent Southern California community is $2,890,788, according to GoBankingRates.

Flintridge’s La Cañada

Rank: 18

House to numerous Hollywood celebrities and their opulent estates, La Cañada Flintridge is located in the foothills of the Verdugo Mountains, on the outskirts of the San Gabriel Valley. The typical home costs $2,481,526 and the average household income is $310,947.

Beach Manhattan

Rank: 36

Manhattan Beach, another example of the Los Angeles County coast, with the highest average property value in Southern California at $3,161,132 and an average household income of $280,470.

The Calabasas

Rank: 49

Calabasas, a community in the San Fernando Valley famed for its enormous homes and famous residents, is situated on the ridge in the southwest. The usual home value in this area is $1,922,163, while the average household income is $257,894.

With 12 items, the Bay Area dominated the list as one might expect from a Californian. Among them were Orinda (No. 9), Saratoga (No. 15), Menlo Park (No. 16), Lafayette (No. 17), Los Gatos (No. 19), and Los Altos (No. 4).

Scarsdale, New York, a suburb located roughly 20 miles north of Manhattan, topped the list.

Leave a Reply

Your email address will not be published. Required fields are marked *