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The 22 Richest Neighborhoods In Silicon Valley

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With the wide assortment of top tech companies currently headquartered in Silicon Valley, it should come as no surprise that some of the country's wealthiest people also call the area home. 

Stephen Higley, a professor emeritus of urban social geography at the University of Montevallo, recently created a list of the country's richest neighborhoods based on data from the U.S. Census' American Community Survey in the years 2006 through 2010. 

He aggregated block groups with a mean income of more than $200,000 to compile a list of the top 1,000 richest neighborhoods in the county. Higley explains his complete methodology on his website.  

We used Higley's rankings to compile a list of the wealthiest neighborhoods in Silicon Valley, looking at cities in Santa Clara and San Mateo Counties to do so. 

Hillsborough was well-represented, with several different neighborhoods from the affluent San Mateo County city making an appearance on Higley's list. Small cities like Saratoga and Atherton, home to several notable tech executives, also ranked highly. 

#22 San Mateo Park, San Mateo, San Mateo County

Mean Household Income: $257,972

731st richest neighborhood in the U.S. 

This neighborhood is peaceful, with dozens of traffic circles in place to slow down cars on the city's main thoroughfares. 

It's also extremely convenient, with shopping and dining less than a mile away on Burlingame Avenue, and access to freeways via El Camino Real. 

San Mateo Park is 75.%5 white, 10.6% Asian, 7.0% Latino, and 0.9% black. 



#21 Barron Park Southwest-Research Park, Palo Alto, Santa Clara County

Mean household income: $258,759

722nd richest neighborhood in the U.S. 

This pastoral neighborhood provides a stark contrast to Stanford's high-tech Research Park, located nearby. 

You can even watch a pair of donkeys graze at the neighborhood's Cornelis Bol Park. The two donkeys, named Perry and Niner, have become Barron Park's unofficial mascots. 

Barron Park Southwest-Research Park is 66.7% white, 22.6% Asian, 4.6% Latino, and 2.0% black. 



#20 Woodland Acres-The Highlands, Los Altos, Santa Clara County

Mean Household Income: $260,289

696th richest neighborhood in the U.S.

Built on land that used to be orchards and forests of oaks and laurel trees, Woodland Acres is a neighborhood that has retained its rustic feel. 

The community is close-knit, but homes are pricey. 

Woodland Acres-The Highlands is 66.7% white, 23.1% Asian, 4.9% Latino, and 0.3% black.



See the rest of the story at Business Insider

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