500 Thousand Dollars Are Earned in This Neighborhood

The average annual income in Atherton, the richest neighborhood in the USA, exceeded 500 thousand dollars and reached 525 thousand dollars. In the neighborhood, which hosts billionaires of Silicon Valley, the annual income of 3 million 50 thousand TL is below the average.

Bloomberg published the list of the world's richest neighborhoods in 2020. It became the richest neighborhood in the USA in the fourth year in a row, with an annual income of 525 thousand 324 dollars (3 million 204 thousand TL) per person in Atherton neighborhood near Silicon Valley in California. The index, which has been published since 2017, has exceeded the annual income per capita of 500 thousand dollars (3 million 50 thousand TL) for the first time in a neighborhood. Even those with an annual income of 500 thousand dollars are below the average in this neighborhood where the top managers or bosses live in companies in Silicon Valley. Among those who have a home at Atherton are NBA teams' Golden State Warriors superstar Stephen Curry, Google's former CEO Eric Schmit, Facebook's Operations Director Sheryl Sandberg, and Microsoft co-founder Paul Allen. Curry bought his house in Atherton for $ 31 million. Hillsborough and Los Altos Hills, other neighborhoods near the Silicon Valley, the heart of tech giants in the US, ranked third and fifth in high school, with annual revenues of $ 430,681 and $ 405, 73, respectively.