The Top 10 Richest Cities in California in 2024

California, often called the “Golden State,” is famous for its mix of wealth, innovation, and natural beauty. It is home to some of the richest cities in the United States. The richest cities in California are known for their high household incomes, premium real estate, and upscale amenities, attracting tech leaders and celebrities alike.

Atherton, located in Silicon Valley, is a prime example, with some of the highest median household incomes in the country. This city is a hub for tech industry leaders, reflecting the innovation that drives the region. On the other hand, Beverly Hills is known for its glamorous lifestyle and famous residents. With its luxury shops on Rodeo Drive and stunning mansions, it epitomizes the high life.

The wealth in these cities is not just about money but also about the quality of life. They offer top-notch schools, beautiful landscapes, and cultural richness. Exploring these wealthy cities gives a glimpse into how luxury, culture, and innovation coexist in California. Each city has its unique appeal, contributing to the state’s reputation as a place of opportunity and elegance. Whether through the serene beauty of coastal towns or the bustling energy of tech hubs, California’s richest cities showcase a blend of success and lifestyle that defines the Golden State.

So, let’s begin exploring.

A List of the 10 Richest Cities in California 

Let’s take a closer look at California’s top ten richest cities in 2024. 

• Atherton
• Hillsborough
• Rolling Hills
• Portola Valley
• Woodside
• Monte Sereno
• Los Altos Hills
• Emerald Lake Hills
• Norris Canyon
• Hidden Hills

1. Atherton

Atherton, nestled in the heart of Silicon Valley, epitomizes luxury and wealth. This exclusive community is renowned for its sprawling estates and lush, green surroundings. With an average household income exceeding $594,651, Atherton is not only one of the richest cities in California but also in the entire United States.

Initially developed in the late 19th century as a weekend retreat for San Francisco’s elite, Atherton has evolved into a preferred residence for tech giants and business magnates. Its tree-lined lanes are packed with million-dollar mansions that have luxurious amenities and magnificent architecture.

Despite covering just over five square miles, Atherton remains a highly sought-after destination for affluent individuals seeking privacy and luxury. Its reputation as a sanctuary for the wealthy reinforces its status as one of California’s wealthiest communities. 

The town’s commitment to maintaining its serene and exclusive atmosphere, combined with its proximity to Silicon Valley’s innovation hubs, ensures that Atherton continues to attract some of the nation’s most influential and prosperous residents.

2. Hillsborough

Hillsborough, set amid the stunning hills of the San Francisco Peninsula, exemplifies the pinnacle of riches and elegance. Founded in 1910 by visionary developer William H. Crocker, this rich town exemplifies luxury living and lavish design.

With an average household income of almost $539,950, Hillsborough ranks among the wealthiest towns in California. The city is dotted with expansive estates, many offering spectacular views of the surrounding countryside, underscoring its affluence.

Hillsborough is unique in its commitment to preserving its stunning natural surroundings and historic heritage. The town is home to several historic sites, such as the renowned Carolands Chateau, an opulent Beaux-Arts-style residence. Strict zoning laws ensure that new constructions harmonize with the area’s rural landscape, further enhancing Hillsborough’s appeal.

Beyond its luxurious homes, Hillsborough offers residents an unmatched quality of life. The town boasts prestigious schools, immaculate parks, and proximity to Silicon Valley’s booming tech sector, attracting discerning individuals seeking both opportunity and tranquility. Hillsborough stands as a testament to refined living, blending natural beauty, historical richness, and modern prosperity.

Also Read: 12 Poorest States in America

3. Rolling Hills

Rolling Hills is a wealthy sanctuary nestled on the magnificent Palos Verdes Peninsula in Los Angeles County. Established in 1957, this gated community is renowned for its expansive homes, horse trails, and sweeping ocean views.

With an average household income exceeding $481,340, Rolling Hills ranks among the wealthiest communities in California. This exclusive enclave attracts those who value privacy, safety, and the tranquility that comes with its large properties.

Rolling Hills is unique in its commitment to preserving its rustic charm and beautiful landscapes. Strict zoning laws and extensive open spaces provide residents with a refuge from urban sprawl while keeping them close to Los Angeles’s cultural and commercial centers.

The community is particularly popular among horse enthusiasts, boasting a vast network of bridle trails and equestrian facilities, including a neighborhood riding ring and stables. Rolling Hills offers a blend of luxury and pastoral living, making it a sought-after destination for those seeking an exceptional quality of life amidst natural beauty.

4. Portola Valley

Portola Valley, located in the beautiful hills of San Mateo County, embodies the traditional California promise of bountiful life while remaining environmentally conscious. This picturesque community, formed in 1964, is well-known for its expansive estates, rustic charm, and commitment to environmental protection.

According to the most recent statistics, Portola Valley’s average household income is $462,935. Its tranquil setting and tight-knit community spirit attract residents, including entrepreneurs, artists, and tech professionals.

Portola Valley is special in that it has deep linkages to the surrounding environment. Large areas of open space can be found throughout the area, including the well-known Windy Hill Open Space Preserve and the lovely Portola Valley Ranch. Residents of these natural sanctuaries can go hiking, biking, or horseback riding just a short distance from their houses. 

Aside from its stunning beauty, Portola Valley takes pride in its commitment to environmental conservation and sustainability. The town’s green initiatives include animal corridors and natural habitat preservation, as well as solar-powered public buildings and a comprehensive recycling program. 

5. Woodside

Located amidst the green forests of San Mateo County, Woodside exudes understated luxury and rustic elegance. This well-off neighborhood, founded in 1956, has long been popular among celebrities, corporate titans, and tech elites who seek isolation, quiet, and natural beauty.

With an average household income of nearly $445,543, Woodside ranks among California’s wealthiest towns. Its elegant homes, expansive vineyards, and well-kept gardens epitomize luxurious living just outside Silicon Valley.

Woodside’s seamless blend of luxurious living and natural surroundings sets it apart. The town’s large properties integrate beautifully with the landscape, offering residents stunning views of towering redwoods, rolling hills, and winding creeks.

Beyond its lavish residences, Woodside offers abundant recreational opportunities for outdoor enthusiasts. Residents can play golf at the prestigious Woodside Country Club or explore miles of hiking and horseback riding paths in surrounding parks, including Wunderlich and Huddart Park. This unique combination of luxury and nature makes Woodside a coveted sanctuary for those seeking both comfort and tranquility.

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6. Monte Sereno

A hidden jewel of exclusivity and elegance, Monte Sereno is nestled amidst the rolling hills of Santa Clara County. Founded in 1957, this small city is renowned for its magnificent estates, beautiful landscapes, and serene atmosphere, attracting affluent residents seeking privacy and distinction.

With an average household income of nearly $422,996, Monte Sereno ranks among the wealthiest towns in California. Its secluded location yet proximity to Silicon Valley’s bustling tech sector make it an ideal retreat for wealthy individuals looking for a peaceful escape from city life.

Monte Sereno is distinguished by its small-town charm and commitment to conserving the natural beauty of the area. The city is dotted with vast estates featuring vineyards, beautiful gardens, and sweeping views of the surrounding valleys and mountains.

Despite its small size, Monte Sereno offers residents a wealth of leisure opportunities. Nearby parks like Lexington Reservoir County Park and Vasona Park provide ample chances for hiking, picnicking, and water sports. Additionally, the city’s proximity to top-notch restaurants, shopping, and cultural activities ensures that residents enjoy the best of both worlds: tranquility and accessibility to urban amenities.

7. Los Altos Hills

Los Altos Hills, located in the calm foothills of the Santa Cruz Mountains, is a luxury and quiet refuge in the heart of Silicon Valley. Founded in 1956, this upscale community is renowned for its sprawling mansions, panoramic views, and dedication to preserving its rustic charm.

Los Altos Hills, with an average household earnings of roughly $460,098, is one of California’s wealthiest cities. Its exclusive neighborhoods, filled with opulent homes and lush gardens, attract tech leaders, entrepreneurs, and affluent families seeking privacy and distinction.

What sets Los Altos Hills apart is its commitment to maintaining open spaces and natural beauty. The city boasts numerous trails for biking, hiking, and horseback riding, allowing residents to immerse themselves in the stunning surroundings.

In addition to its natural features, Los Altos Hills offers a wide array of cultural and recreational opportunities. The renowned Los Altos Golf and Country Club, the scenic Foothills Nature Preserve, and a thriving arts and music scene represent the many interests of the community. Combining luxurious living, breathtaking scenery, and a strong sense of community, Los Altos Hills continues to attract those seeking the highest quality of life in the Bay Area.

8. Emerald Lake Hills

Located within the verdant surroundings of the San Francisco Peninsula, Emerald Lake Hills is a hidden gem of tranquility and natural beauty. This lovely private community, founded in the mid-twentieth century, is well-known for its calm lakes, wooded landscapes, and a strong feeling of community, which fosters a deep sense of belonging among inhabitants.

Emerald Lake Hills, with a typical family income of $250,001, attracts wealthy citizens lured to the area’s beautiful surroundings. Families seeking refuge from urban bustle find solace in its peaceful atmosphere, while its proximity to Silicon Valley appeals to CEOs and tech workers alike.

What sets Emerald Lake Hills apart is its harmonious blend of suburban comfort and rustic charm. Quaint homes nestled among towering trees offer residents a sense of seclusion without sacrificing proximity to the Bay Area’s amenities and employment opportunities.

Beyond its picturesque setting, Emerald Lake Hills provides residents with abundant leisure opportunities. Boating, fishing, and picnicking are popular activities on the scenic lakes, while miles of hiking and biking trails in neighboring parks offer endless exploration for outdoor enthusiasts. In essence, Emerald Lake Hills offers a tranquil retreat amidst nature’s splendor, complemented by a rich community life and recreational pursuits.

9. Norris Canyon

Located in the verdant landscape of the San Ramon Valley, Norris Canyon embodies the epitome of suburban charm and natural beauty. Established as a residential community in recent years, Norris Canyon is distinguished by its serene ambiance, panoramic vistas, and modern amenities that cater to contemporary lifestyles.

With a median household income reflecting the affluence of the region, Norris Canyon attracts discerning individuals seeking a blend of tranquility and convenience. Its proximity to the thriving business hubs of San Francisco and Silicon Valley makes it an ideal choice for professionals and families alike, offering a peaceful retreat from urban hustle without sacrificing accessibility to career opportunities and cultural amenities.

What sets Norris Canyon apart is its seamless integration of suburban living with the surrounding natural environment. Flawlessly groomed roadways wind through lush green spaces, providing people with several chances for outdoor entertainment and pleasure. 

Additionally, the community boasts modern facilities, including parks, shopping centers, and recreational areas, ensuring a high quality of life for its residents amidst the beauty of the San Ramon Valley.

10. Hidden Hills

Hidden Hills, situated among the undulating hills of the San Fernando Valley, offers luxury and solitude. Established as a gated residential community in the 1950s, Hidden Hills is renowned for its sprawling estates, lush landscapes, and unparalleled privacy.

With a median household income reflecting the affluent demographics of the area, Hidden Hills attracts discerning individuals seeking seclusion and luxury. Its gated entrance and strict security measures provide residents with a sense of security and exclusivity, making it a coveted address among celebrities, business magnates, and affluent families.

What sets Hidden Hills apart is its commitment to preserving its natural beauty and rural character. Expansive properties dotted with equestrian facilities, vineyards, and manicured gardens offer residents a serene retreat from the hustle and bustle of city life while still providing easy access to the cultural and entertainment offerings of nearby Los Angeles.

Beyond its luxurious homes, Hidden Hills offers residents a range of recreational amenities, including horseback riding trails, community parks, and exclusive country clubs. These ensure a high quality of life for its privileged inhabitants amidst the breathtaking scenery of the San Fernando Valley.

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Final Words

In conclusion, the richest cities in California offer a glimpse into the peak of prosperity and luxury. From the tech hubs of Silicon Valley to the glamorous streets of Beverly Hills, these cities showcase the wealth and luxury that define American affluence. Yet, beyond the gleaming facades and lavish lifestyles, these cities also embody innovation, diversity, and opportunity. They serve as beacons of success, attracting entrepreneurs, celebrities, and industry leaders from around the world. 

While the title of the wealthiest city may shift with economic trends and developments, the allure of these cities remains constant. As symbols of achievement and ambition, they continue to inspire and captivate, shaping the American dream and reinforcing the nation’s position as a global economic powerhouse.

FAQs

Which City Holds the Title for Wealthiest in California? 

Atherton claims the crown as California’s wealthiest city, with a median household income of approximately $594,651.

Where Can You Find California’s Billionaires? 

With over 185 billionaires, California leads the nation in billionaire residents. The majority of these ultra-wealthy individuals reside in proximity to the San Francisco Bay Area.

Which Are the Top 5 Richest Cities in America?

The top five richest cities in the USA are as follows:

• New York City
• The Bay Area
• Los Angeles
• Chicago
• Houston

Which Neighborhood Holds the Title for Wealthiest in California? 

Beverly Hills stands out as the neighborhood with the highest-priced homes in Los Angeles. Globally recognized for its luxurious residences, it’s a hotspot for the affluent Hollywood elite.

What Makes California Stand Out Economically? 

California’s economy is multifaceted, with agriculture playing a significant role. The state leads the nation in producing fruits, vegetables, wines, and nuts. Notably, California is a major producer of cannabis, nuts, grapes, cotton, flowers, and oranges. Additionally, it dominates the domestic wine market, producing the lion’s share of U.S. wine.