Los Altos Hills ranks 4th on the list of the richest small towns nationwide according to Bloomberg Businessweek: Businessweek, which tallied the 50 most expensive small towns with populations of less than 10,000, indicate that Los Altos Hills notched a median home value of $2.16 million, a 13% decline since last year. The U.S. Census Bureau estimated that Los Altos Hills residents maintain a median income of $218,922.
Los Altos Hills is part of the Silicon Valley in California. It had 81 properties sold in 2010, 5 of which show reo's or short sales according to the MLS.
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