AI-assisted summary

Palos Verdes Estates is California's wealthiest suburb, with a mean household income of $367,178.

California has 17 suburbs among the top 50 wealthiest in the US.

The study considered mean income, income growth, average home value, and its year-over-year change.

Palos Verdes Estates is the wealthiest suburb of California, according to a new analysis by personal finance site GOBankingRates.

GOBankingRates used 2023 U.S. Census data to rank the wealthiest suburb in each of the 50 largest U.S. metro areas, analyzing household mean income, one-year income growth, average home value as of June 2025, and its year-over-year change.

Here's what else to know about Palos Verdes Estates and the other richest suburbs in the country and California :

What to know about Palo

See Full Page