Local zip codes ranking by wealth ...

How do the local zip codes rank by wealth, as compared with all zip codes nationwide??

Just for mere curiosity, here is a short list of most of the local ones, sorted out by median disposable income, in 2010:

Atherton - 94027 - ranks # 1

Los Altos - 94022  - ranks # 4 nationwide

Portola Valley - 94028 - ranks # 7

Saratoga - 95070 - ranks # 18

Los Altos - 94024 - ranks # 23

Los Gatos, 95030 - ranks # 43

San Jose - 95120 - ranks # 65

Palo Alto - 94301 - ranks # 138

Cupertino - 95014 - ranks # 194

Palo Alto - 94306 - ranks # 329

Sunnyvale - 94087 - ranks # 458

The complete list appeared in the December 2 issue of the Business Journal.

Francis

Silicon Valley Real Estate

Local market trends

useful links

Current Mortgage rates

Silicon Valley: all cash buyers.

Confirming what the studies were showing at the end of 2010, figures came out (DataQuick information services) showing that 26.3% of homes were purchased with cash in Jan. 2011 in the County of Santa Clara, compared with 12.6% in Jan. of 2007.
In the County of San Mateo, it is roughly the same, at 25.4%
Prices adjusted so much that a lot of investors put their (cash) money where they believe the market will do well in the future.
In February 2011, the median house price is $530,000 in the County of Santa Clara, and higher in the County of San Mateo: $634,000. - there are as many houses that sold over this number as under.

Francis

Silicon Valley real estate
search the MLS directly
Smart statistics, locally.