Los Angeles, Ca - Real Estate

Beverly Hills is a city found in Los Angeles County, CA.average household income, a bit more than 71,000
The city and neighboring West Hollywood are bothdollars, is only 18,000 dollars greater than the county
completely surrounded by the city of Los Angeles. Theaverage.
area's wealthiest neighborhoods, comprising the mostCurrently, Beverly Hills has the most expensive housing
exclusive real estate in the nation, include Beverly Hillsmarket in America, for the second year in a row with
and the neighborhoods of Bel-Air and Holmby Hills.a median home cost of 2.21 million dollars.
One of the most well known features of Beverly HillsThe median household income for the city was nearly
is the Sunset Strip, which is shared with nearby West71,000, about average for an upper-middle class
Hollywood, on the famed Sunset Blvd. Other roads ofsuburb and near to the median for the city of San
note include Wilshire Blvd and Santa Monica Blvd. TwoJose, situated in the same State. However, the median
of the shopping streets are Beverly Drive and Rodeocost for an owner-occupied house is more than one
Drive. Coldwater Canyon Drive is the main roadmillion dollars. The underlying reason for this is the
connecting Beverly Hills to the San Fernando Valley.atypically large proportion of renters in the city. So
Everyone in Beverly Hills is not wealthy, as portrayedmany renters live in Beverly Hills that persons who
by Hollywood. Though some of the largest mansions inown homes are not the majority. Renter-occupied
Los Angeles County are within its area, they make uphomes comprise 56.6 percent of the city's residences
only about 10 percent of the city. The remainingand the median household income for these housing
residences include relatively modest duplex rental unitsunits is a bit below 50,000 dollars, just a bit above
and detached homes covering less than 3,000 squareaverage for the entire nation. The median household
feet. A few areas within Los Angeles County areincome for an owner-occupied housing unit is 125,000
more uniformly wealthy and can boast of a higherdollars.
household median income than Beverly Hills. The city's