Introduction
Silicon Valley is home to many wealthy cities, including those in the center of the valley and others on its edges: Atherton A city in the center of Silicon Valley that’s considered a symbol of luxury and wealth. With an average household income of more than $594,651, Atherton is among the richest cities in the US, not just in California.
Atherton was first built as a weekend getaway for San Francisco’s aristocracy in the late 19th century. Today, tech giants and business magnates alike choose Atherton as their home.
Million-dollar residences with plentiful facilities and stunning architecture can be found lining its tree-lined lanes.
Even while Athertons only covers slightly more than five square miles, it is a popular destination for wealthy people looking for unmatched solitude and luxury.
Its standing as one of the richest communities in California is cemented by its frequent image as a haven for the affluent.
where do all the rich people hang out in Silicon Valley?
I work in Silicon Valley (San Jose, CA), and many of the so-called “rich” people hang out at Santana Row. It’s a small community if you will made up of luxury apartments, nice restaurants, and expensive shops.
Not just necessarily the rich hang out there. It’s open to anyone, but you have to have some money to live, shop, and even eat there.
Wealthy people get groceries and coffee like anybody else. The restaurants they go to are open to the public. Of course, they’re not going to travel far for these sorts of things so there’s a natural boundary to their “usual hangouts.
” But the average wealth of all people in these spots is pretty much the average for the surrounding area.
If you want to raise that bar, you’re talking about exclusive spaces like these (the Pacific Union Club and the Bohemian Club):
These sorts of clubs, along with civic groups like the Rotary, seem to be having recruitment challenges so perhaps the center of public social life will move. Luckily, Santana Row is not on the list.
The tech culture rewards getting stuff done so there’s little tolerance for hanging out to display your wealth among them. And yet, the private club’s value is still high; Starbucks as a third space has distinct limits.
where do all the rich people who work in Silicon Valley
What do you mean by rich? Just the typical SV millionaire (middle class) or the rich?
The wealthy folks live in Atherton, Woodside, Hillsborough, Portola Valley, Los Altos Hills, San Francisco, and many other cities.
where do the richest people in Silicon Valley live
- Atherton
- Woodside
- Portola Valley
- Palo Alto
- Menlo Park
- Los Gatos
- Monte Sereno
- Saratoga
- Los Altos Hills
- Hillsborough
- Pacific Heights
- Presidio Heights
- Russian Hill
- Liberty Hill
- Ross
- Belvedere
- Tiburon
- Mill Valley
- Piedmont
- Orinda
where do most of the richest people live near Silicon Valley
Who said they do? The cost of housing is high there, but it doesn’t necessarily mean they are ”the richest people”. I know many people who have lived in Silicon Valley for many years, long before housing costs were so astronomical.
I also know lots of people in Silicon Valley who are “house poor”: they can’t afford vacations or to eat out regularly, they keep cars that are old and expensive to keep running, but they are afraid they can’t afford to pay off a car loan.
What is the richest town in Silicon Valley?
Atherton, Los Altos Hills, and Woodside are some of the wealthiest cities in Silicon Valley, California:
Los Altos Hills was the wealthiest in California in 2019 but lost its crown to Atherton in recent years. With a median home price of $5.3 Million, Los Altos Hills is one of the most expensive cities in California to buy a home. Located in Silicon Valley, Los Altos Hills has 8,000 residents, many of whom work in tech.
Atherton, which is located in the center of Silicon Valley, is a shining example of luxury and wealth. This elite community, well-known for its expansive estates and green surroundings, has long been associated with riches