Most Expensive Los Altos Neighborhoods
Los Altos is a medium-sized city located in the state of California. With a population of 30,288 people and eight constituent neighborhoods, Los Altos is the 251st largest community in California.
Los Altos home prices are not only among the most expensive in California, but Los Altos real estate also consistently ranks among the most expensive in America.
Los Altos is a decidedly white-collar city, with fully 96.79% of the workforce employed in white-collar jobs, well above the national average. Overall, Los Altos is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Los Altos who work in management occupations (23.68%), computer science and math (11.02%) and sales jobs (9.53%).
Also of interest is that Los Altos has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.30% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Los Altos is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Los Altos is a great place for families with children to consider. First of all, many other families with children live here, making Los Altos a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Los Altos has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Los Altos’s overall crime rate is lower than average for the country.
If knowledge is power, Los Altos is a pretty powerful place. 78.99% of the adults in Los Altos have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Los Altos in 2010 was $84,705, which is wealthy relative to California and the nation. This equates to an annual income of $338,820 for a family of four.
Los Altos is a very ethnically-diverse city. The people who call Los Altos home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Los Altos residents report their race to be White, followed by Asian. Important ancestries of people in Los Altos include German, English, Irish, Italian, Russian and Scottish.
In addition, Los Altos has a lot of people living here who were born outside of the US (23.31%).
The most common language spoken in Los Altos is English. Other important languages spoken here include Chinese and Spanish.
|LOS ALTOS INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||10,982|
|LOS ALTOS HOME OWNERSHIP|
|% OWNER OCCUPIED||84.03%|
|% RENTER OCCUPIED||15.97%|
|TYPE OF LOS ALTOS HOMES|
|SINGLE FAMILY DETACHED||82.63%|
|ROWHOUSES AND ATTACHED HOMES||5.51%|
|SMALL APARTMENT BUILDINGS||2.02%|
|COMPLEXES OR HIGH RISE APARTMENTS||9.52%|
|SIZE OF LOS ALTOS HOMES|
|5 OR MORE BEDROOMS||11.77%|
|AGE OF LOS ALTOS HOMES|
|NEWER HOMES (2000 OR LATER)||7.95%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||21.07%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||67.00%|
|HISTORIC (1939 OR BEFORE)||3.98%|
|LOS ALTOS REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$2,198,770|
|MEDIAN RENTAL PRICE||$2,646|
|HOME VALUE RANGE|
|$0 - $77,000||0.80%|
|$77,001 - $155,000||0.19%|
|$155,001 - $310,000||1.39%|
|$310,001 - $464,000||0.97%|
|$464,001 - $619,000||0.80%|
|$619,001 - $774,000||0.90%|
|$774,001 - $1,161,000||3.48%|
|$1,161,001 - $1,548,000||5.52%|
|PEOPLE OF LOS ALTOS||DETAILS|
|UNDER 5 YEARS||5.41%|
|5 TO 17||20.71%|
|18 TO 24||3.22%|
|25 TO 34||5.08%|
|35 TO 54||30.30%|
|55 TO 64||14.71%|
|65 YEARS AND OVER||20.57%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||98.75%|
|MEDIAN HOUSEHOLD INCOME||$157,500|
|PER CAPITA INCOME||$84,705|
|INDIVIDUALS BELOW POVERTY LEVEL||2.65%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (25.79%)
Information Technology (6.15%)
Real estate (2.28%)
|BLACK OR AFRICAN AMERICAN||0.64%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.15%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.63%|
|TWO OR MORE RACES||4.95%|
|HISPANIC OR LATINO (OF ANY RACE)||3.65%|
|ETHNICITIES PRESENT||German (15.39%)
|LANGUAGES SPOKEN||English (73.72%)
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