For the second year in a row, a survey of U.S. Census data revealed that Los Altos Hills is the richest town in the state – and the richest town in the country.
Online financial news publication 24/7 Wall Street’s rankings are based on median household income derived from five-year estimates contained within the U.S. Census Bureau’s 2017 American Community Survey.
The median income in Los Altos Hills between 2013 and 2017 was $248,218, according to the data. The median household income was $67,169 across the state and $57,652 across the nation during the same time frame.
The median home value in Los Altos Hills was greater than $2 million, compared with $443,400 statewide and $193,500 nationwide.
The findings by 24/7 Wall Street, published May 8, are based on a review of more than 2,600 cities, towns and villages with populations between 1,000 and 25,000 people.