A big reason for Atherton’s soaring median home price is an increase in gargantuan homes, made possible by its building and zoning regulations and flat terrain. “The people moving down here are influential, with a lot of money. Between 2016 and 2017 the population of Atherton, CA grew from 7,127 to 7,182, a 0.772% increase and its median household income stayed from $250,001 to $250,001, a … Jump to a detailed profile, search site with google or try advanced search. Between 2017 and 2018 the population of Atherton, CA grew from 7,182 to 7,185, a 0.0418% increase and its median household income stayed from $250,001 to … Median household income (in 2018 dollars), 2014-2018: $250,000+ The average household income ($512,536) for 94027 is less than the average household income for Atherton ($525,324). Chart. Chart. More. The Bloomberg gauge included zip codes with at least 200 tax returns, based on filings submitted in 2018 and a minimum of 500 housing units. While Covid-19 has emptied some urban neighborhoods, including the tonier parts of Manhattan and San Francisco, most of the wealthy’s favorite haunts have only gotten more popular. 94028 — Portola Valley, San Mateo County. Whether it's Palm Beach or Fisher Island in Florida, or the hamlet of Atherton in California’s Silicon Valley, millionaires and billionaires are paying a premium to live next to each other. The per capita income in 2017 was $160,178, which means an increase of 29.8% compared to 2000 when it was $112,408. The median household income in Atherton, CA in 2017 was $275,993, which was 74.0% greater than the median annual income of $71,805 across the entire state of California. Large outliers --such as locations with larger than 200% fluctuation in filing units-- are excluded as well. The US average is $28,555 a year. Atherton median household income is $250,001, which has grown by 25.00% since 2000. The average 2017 income in 94027 is $450,696. Map. Atherton Is America’s Richest Town for the Third Year Running. Income and Rent Overburden in Atherton. — With assistance by Amanda L Gordon, Sophie Alexander, and Shelly Hagan. Many of Palm Beach’s latest arrivals, however, have been younger, often with children in tow. Other signs of a younger, hipper vibe on Palm Beach are the arrival of local outposts of New York restaurants like Almond and Le Bilboquet, and the scene around the recently revitalized Royal Poinciana Plaza, home of the Cremieux store and a branch of auction house Sotheby’s, which just opened for the season.Sales at the Cremieux store rose 45% to 55% in July through September, what are normally the worst months, Zmyslo said. More. Atherton, CA (income: $525,324/ bailout: $3.8 million) – With a median home price of $7.5 million, Atherton is home to tech billionaires and sports stars. The income per capita in Atherton is 391% higher than the national average; The median household income in Atherton is 352% higher than the national average; Male median earnings are 41% higher than female median earnings; The unemployment rate in Atherton is 35% lower than the national average The Office building was completed in 2006 and features a total of 15,323 Sqft. To measure the effects of the pandemic on real estate, Bloomberg took the qualifying zip codes, classified them according to distribution of average incomes, and analyzed how home value have changed. Many rich executives who live in the small town adjacent to Menlo Park, headquarters of Facebook Inc., have decamped to Lake Tahoe, Carmel Valley and other nearby vacation spots as they no longer have to go into the office, said Coldwell Banker real estate broker Elaine White. Discuss Atherton, California (CA) on our hugely popular, Atherton, California (CA) income map, earnings map, and wages data. The median gross income for households in Atherton is $250,001 a year, or $20,833 a month. “One guy came in and dropped $5,000 in 5 minutes,” he said. Median home price: $3,475,000 Atherton is the top-earning zip code on the West Coast, and no wonder: The small residential community is just … The most famous resident is President Donald Trump, who last year made Mar-a-Lago in Palm Beach his official permanent home. Clear 1 Table. QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more. Between March and September of 2020, the average home value in the 100 top-ranked zip codes rose an average of $28,600, compared with $6,300 in the same span last year. You Google them and you’re blown away.”Bloomberg identified the 100 wealthiest zip codes using 2018 Internal Revenue Service data, the most recent available, and then looked at housing prices since the pandemic to see the surge in prosperity. Print. Florida’s Fisher Island is nation’s wealthiest locale, followed by Atherton in California. In second-place Atherton -- zip code 94027 -- earnings surged by a third to $1.72 million. In 2018, Atherton, CA had a population of 7.19k people with a median age of 47.6 and a median household income of $250,001. QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more. In Palm Beach, the average income jumped 29% in 2018 to $1.37 million, making zip code 33480 the third-richest in the U.S. Clear 1 Table. Have a confidential tip for our reporters? The office space availability for the 85297 zip code is 187,843 Sqft, in 22 office spaces. Some parts © 2020 Advameg, Inc. 3592 S Atherton Blvd #111 is located at 3592 S Atherton Blvd #111 in the Power Ranch neighborhood, AZ, Gilbert, 85297. 7.25% of households in Atherton are renters. Two private schools have opened in the past decade to cater to this set, each backed by a billionaire: Oxbridge Academy, founded by Bill Koch, and the Greene School, started by Jeff Greene and his wife Mei Sze Greene. Dashboard. Dashboard. In Palm Beach, Covid-19 has accelerated a trend that began a few years ago, with many of its newest residents transplants from New York. But there are far richer transplants including Interactive Brokers Group Inc. founder Thomas Peterffy, who's worth $17.1 billion and has barely stepped foot in Connecticut since a Democrat was reelected governor in 2014. The pandemic’s effect has been mixed in Atherton, where the median home value of almost $6.5 million is the highest among the top zip codes. In second-place Atherton -- zip code 94027 -- earnings surged by a third to $1.72 million. Map. Atherton Is America’s Richest Town for the Third Year Running The average 2017 income in 94027 is $450,696. Harris, the most populous county in fast-growing Texas with 4.7 million people, went to six zip codes on this year’s list from just one last year.
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