The most recent list from Family Handyman shows that Atherton, California, is now the most expensive place to live in the state. The median home value in the 94027 zip code is an amazing $7,313,400, which adds to its image as a great place for rich people to live.
Family Handyman points out that Atherton’s high cost of living is mostly due to its desirable position. The town is only 45 minutes south of San Francisco and only 20 minutes from many of the biggest tech companies in Silicon Valley. It has become a home for wealthy people and families who want to be close to the tech hub but still enjoy a quieter suburban setting.
This private neighborhood is known for its high-end homes, beautiful views, and large lots, which makes it a good choice for wealthy people.
Rich people continue to move to Atherton because of its great location, large homes, and well-known image for being a good place to live. This has cemented its position as California’s most expensive neighborhood.