It’s no secret that the Bay Area has several affluent communities. And when experts at FindTheHome named the 20 richest cities in the United States, seven local cities made the list — with Portola Valley coming in first place.
Residents of the Peninsula city, earn an average yearly income of $152,128 —almost three times the national average.
Second on the list was Atherton, with an average income of $144,197, followed by Hillsborough at number four and Woodside at number five.
FindTheHome, a research engine for homes on the market, compiled the list using data from the American Community survey. Its team looked at the average per capita income for American cities that have more than 4,000 residents, and also looked at factors like marital status and education level of the population for context.
Other local cities that made the list include Los Altos Hills at number seven, Kentfield at number 13 and Piedmont at number 20.
Every Bay Area city on the list had at least 69 percent of the population with a bachelor’s degree and at least 62 percent of residents were married.
Other cities that featured prominently on the list were Palm Beach in Florida, Highland Park in Texas and Old Greenwich in Connecticut.