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The United States, despite a somewhat unpredictable economy, housing market and inflation rate, is a country of incredible wealth.
Indeed, there are concentrations of extraordinarily high wealth throughout America, with certain counties serving as home for some of the richest people on Earth. While the state of Virginia has the highest concentration of moneyed counties in the country (nine of the 50 richest counties are located there), it likely comes as no surprise that California has the single wealthiest county of all.
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San Mateo County has an average household income over $200,000, and the typical home costs nearly $2 million. California has a number of other quite moneyed counties as well.
Using the 2022 American Community Survey and sourcing home values from Zillow, GOBankingRates compiled a list of the seven wealthiest counties in California.
If you’re still curious for more, GOBankingRates also compiled the 50 wealthiest counties across America.
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Alameda County
Average household income: $164,668
Typical home value: $1,212,997
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Alpine County
Average household income: $164,883
Typical home value: $556,211
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Contra Costa County
Average household income: $165,199
Typical home value: $868,326
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San Francisco County
Average household income: $197,408
Typical home value: $1,422,426
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Santa Clara County
Average household income: $210,349
Typical home value: $1,778,745
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Marin County
Average household income: $215,832
Typical home value: $1,624,785
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San Mateo County
Average household income: $216,684
Typical home value: $1,702,429
Methodology: For this piece, GOBankingRates isolated the 50 counties with the highest average household income, as sourced from the 2022 American Community Survey. GOBankingRates was then able to find the 2024 typical home value for the county, as sourced from Zillow. The California counties were pulled for this piece. All data was collected on and is up to date as of July 10, 2024.
This article originally appeared on GOBankingRates.com: 7 Wealthiest California Counties
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Publish date : 2024-12-20 05:01:00
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