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4 of America’s wealthiest suburbs are in Southern California: report

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4 of America’s wealthiest suburbs are in Southern California: report

Everyone knows that living in Southern California takes some funds. Where else are you going to get the ocean, snowy mountains, big cities and quiet towns all within an hours drive?

But compared to the rest of the country, where do the Southland’s wealthiest suburbs rank? According to GoBankingRates, four Southern California suburbs are among the top 50 wealthiest in the U.S.

They are as follows:

Palos Verdes Estates

PALOS VERDES ESTATES, CA – MARCH 11: General views of Bluff Cove on March 11, 2021 in Palos Verdes Estates, California. (Photo by AaronP/Bauer-Griffin/GC Images)

Rank: 14

This coastal community perched on a peninsula between Torrance Beach and Long Beach has an average household income of a cool $342,463. As the wealthiest suburb in Southern California, the typical home costs $2,890,788, according to GoBankingRates.

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La Cañada Flintridge

Rank: 18

Situated in the Verdugo Mountains’ foothills on the edge of the San Gabriel Valley, La Cañada Flintridge is home to dozens of Hollywood stars and lavish mansions. Its average household income is $310,947 and the typical home costs $2,481,526.

Manhattan Beach

Manhattan Beach is shown March 24. There is no threat of a tsunami following Wednesday night’s magnitude 8.2 earthquake in the ocean off Alaska.(Allen J. Schaben / Los Angeles Times)
Manhattan Beach is shown.(Allen J. Schaben / Los Angeles Times)

Rank: 36

Another representation for the Los Angeles County coast, Manhattan Beach boasts an average household income of $280,470 and typical home value of $3,161,132, the highest in Southern California.

Calabasas

Rank: 49

Located on the southwestern ridge of the San Fernando Valley, Calabasas is known for large homes and big names living in those houses. Its average household income is $257,894 and typical home value is $1,922,163.

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As a California resident might expect, the Bay Area absolutely dominated the list with 12 entries. They included Los Altos (No. 4), Orinda (No. 9), Saratoga (No. 15), Menlo Park (No. 16), Lafayette (No. 17) and Los Gatos (No. 19).

Ranking at the top of the list was Scarsdale, New York, which is a suburb about 20 miles north of Manhattan.

Los Angeles, Ca

Police investigate deadly stabbing in Tarzana; suspect in custody

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Police investigate deadly stabbing in Tarzana; suspect in custody

A suspect has been taken into custody after a man was stabbed and killed at a home in Tarzana on Wednesday, the Los Angeles Police Department confirmed. The LAPD says it received a call at approximately 9:30 a.m. about an incident in the 19200 block of Erwin Street. When they arrived at the scene, officers […]

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Los Angeles, Ca

California primary election results: governor and L.A. mayor races

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California primary election results: governor and L.A. mayor races

With a little more than half of the vote counted, Republican Steve Hilton opened a one-point lead over Democrat Xavier Becerra in California’s governor’s race Wednesday morning, 27% to 25%, respectively. Democrat Tom Steyer was in third with 20%, raising the strong likelihood that Hilton and Becerra will advance to November’s runoff. Meanwhile, Los Angeles […]

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Los Angeles, Ca

L.A. police in pursuit of suspected car thief

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L.A. police in pursuit of suspected car thief

Officers with the Los Angeles Police Department are in pursuit of a person behind the wheel of a vehicle that has been reported stolen. Preliminary, though unconfirmed, details suggest the suspect stole the vehicle, a 2012 Hyundai, in downtown L.A., near the intersection of 7th and Figueroa streets. The suspect is believed to have struck […]

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