16 CA Suburbs Among 50 Wealthiest In America

Wealthy people seeking a lifestyle away from cities like New York, Los Angeles, Chicago and Miami are gentrifying suburbs, including 16 in the Golden State.

It might come as no surprise that the 16 California suburbs with the "wealthiest" name attached to them center around the Bay Area and Los Angeles. Of those, a dozen are in the Bay Area.

California Suburbs on the GOBankingRates ranking of America’s 50 Wealthiest Suburbs include:

Los Altos, a suburb of San Jose (No. 3)

• Average household income: $400,817
• Typical home value: $4,451,059
• Homes on the pricier end of the market this week include a $10 million, 6,713-square-foot six-bedroom home, according to Zillow.

Orinda, a suburb of San Francisco (No. 9)

• Average household income: $370,203
• Typical home value: $2,078,615
• Homes on the pricier end of the market this week include a $7 million, 7,659-square-foot six-bedroom home, according to Zillow.

Palos Verdes Estates, a suburb of Los Angeles (No. 14)

• Average household income: $342,463
• Typical home value: $2,890,788
• Homes on the pricier end of the market this week include a $17 million, 6,937-square-foot four-bedroom home with a pool and spa, according to Zillow.

Saratoga, a suburb of San Jose (No. 15)

• Average household income: $329,142
• Typical home value: $3,981,261
• Homes on the pricier end of the market this week include a $19 million, 10,415-square-foot six-bedroom home, according to Zillow.

Menlo Park, a suburb of San Francisco (No. 16)

• Average household income: $316,584
• Typical home value: $3,981,261
• Homes on the pricier end of the market this week include a $10 million, 5,327-square-foot six-bedroom home, according to Zillow.

Lafayette, a suburb of San Francisco (No. 17)

• Average household income: $312,233
• Typical home value: $2,001,408
• Homes on the pricier end of the market this week include an $11 million, 7,500-square-foot six-bedroom home, according to Zillow.

La Cañada Flintridge, a suburb of Los Angeles (No. 18)

• Average household income: $310,947
• Typical home value: $2,481,526
• Homes on the pricier end of the market this week include an $8 million, 10,604-square-foot, six-bedroom home with a basketball court, according to Zillow.

Los Gatos, a suburb of San Jose (No. 19)

• Average household income: $305,653
• Typical home value: $2,481,526
• Homes on the pricier end of the market this week include a $12.8 million, 12,405-square-foot, eight-bedroom home with a wine cellar, according to Zillow.

Mill Valley, a suburb of San Francisco (No. 21)

• Average household income: $303,623
• Typical home value: $2,152,207
• Homes on the pricier end of the market this week include an $11.8 million, 5,775-square-foot, five-bedroom home on the waterfront and a $7.9 million home with a private wine cellar, according to Zillow.

Palo Alto, a suburb of San Jose (No. 23)

• Average household income: $301,226
• Typical home value: $3,654,765
• Homes on the pricier end of the market this week include a $27 million, 7,178-square-foot, five-bedroom home with a wine room, according to Zillow.

San Carlos, a suburb of San Francisco (No. 24)

• Average household income: $298,397
• Typical home value: $2,441,915
• Homes on the pricier end of the market this week include a $7.2 million, 6,570-square-foot, five-bedroom home with fragrant wisteria, according to Zillow.

Cupertino, a suburb of San Jose (No. 32)

• Average household income: $283,063
• Typical home value: $3,145,958
• Homes on the pricier end of the market this week include a $8.2 million, 5,576-square-foot, five-bedroom home with a solar-heated pool, according to Zillow.

Manhattan Beach, a suburb of Los Angeles (No. 36)

• Average household income: $280,470
• Typical home value: $3,161,132
• Homes on the pricier end of the market this week include a $25 million, 9,479-square-foot, six-bedroom home with a wine cellar, according to Zillow.

Danville, a suburb of San Francisco (No. 45)

• Average household income: $264,134
• Typical home value: $2,014,964
• Homes on the pricier end of the market this week include a $12 million, 10,521-square-foot, six-bedroom home, according to Zillow.

Moraga, a suburb of San Francisco (No. 48)

• Average household income: $259,468
• Typical home value: $1,897,230
• Homes on the pricier end of the market this week include a $2.8 million, 3,604-square-foot, five-bedroom home, according to Zillow.

Calabasas, a suburb of Los Angeles (No. 49)

• Average household income: $257,894
• Typical home value: $1,922,163
• Homes on the pricier end of the market this week include a $16 million, 15,745-square-foot, seven-bedroom home, according to Zillow.

GOBankingRates, a personal finance website, compared the household income of cities with 5,000 or more households and isolated the 50 with the highest average household income. The typical 2024 home value was also considered.

Among key findings:

• The wealthiest U.S. suburb is Scarsdale, New York, where the average household income is $568,942. The typical home value in Scarsdale is $1.4 million.
• California dominated the ranking, with 16 suburbs in the top 50. The five most expensive California suburbs are Los Altos ($400,000), Orinda ($370,000), Palos Verdes Estates ($342,000), Saratoga ($329,000) and Menlo Park ($316,000).
• The East Coast took the lead with 23 wealthy suburbs, including five in New York and five in New Jersey, making the top 50 ranking. In second place is the West Coast with 19 suburbs.