(KRON) – A South Bay metropolis has been named the nation’s richest retirement city, in keeping with a research carried out by GOBanking Charges.
Positioned in Silicon Valley, Saratoga is a small city west of San Jose with a inhabitants of 30,000, in keeping with the city. In response to the report, Saratoga median family earnings is $241,348.
One in 4 Saratoga residents are over the age of 65, the report says.
The state of California has probably the most entries of the highest 50 record with greater than 1 / 4 of the record. Bay Space suburb Walnut Creek was No. 11 for the wealthiest retirement city. The East Bay metropolis’s median earnings is $135,665.
Bay Space metropolis topped culinary capital within the nation
Different Golden Gate cities, GOBanking Charges discovered to have the richest medium incomes embrace:
No. 3 Ranchos Palos Verdes
No. 9 Laguna Seashore
No. 12 Cerritos
No. 27 Honest Oaks
No. 29 Rancho Mirage
No. 30 Lincoln
No. 33 Pacific Grove
No. 41 Los Osos
No. 42 Arroyo Grande
No. 45 Cameron Park
No. 46 La Quinta
Methodology:
GOBanking Charges decided the rating by the non-public finance web site used U.S. Census American Neighborhood Survey knowledge for cities with populations over 15,000 folks and senior populations of 25 p.c or larger.
