Selling homes considerably faster and for more money than the competition. "While it is the wealthiest in the state, the county's median of $58,580 is only slightly higher than that of the nation," the authors noted. Note that very expensive homes often see softer supply and demand dynamics – the pool of buyers is much smaller, and overpricing more common for these very special properties – but this is not always the case. According to the 2019 State Income Limits, the median income for Santa Clara County is $131,400 for a four-person household. The average life expectancy in the county of 82.7 years is more than four years longer than the national average. That's about $5,000 more than what the typical Arizona household earns. Over 60% signifies very high demand, or as it climbs, extremely high demand. Santa Clara County Home Prices, Market Trends November 2020 Report The long-term median sales price chart below is similar to those for counties around the Bay Area – a significant spike in median house prices since the pandemic struck in early spring. (Bay Area condo markets have not seen comparable increases in prices.). The Master Salary Ordinance is a document detailing the number of positions by Budget Unit. All rights reserved. Across the country, the typical household in the wealthiest counties earned between $58,000 and $130,000 a year, with Loudoun County, Virginia, coming in as the richest county in America. The ACS 1-year data shows the median family income for Santa Clara County was $151,620 in 2019. | Site Designed & Maintained by Intersect.Marketing, Santa Clara County Home Prices, Market Trends November 2020 Report, Site Designed & Maintained by Intersect.Marketing. Patch national staffer Dan Hampton contributed to this report. View and Pay Your Property Taxes by December 10th to avoid penalties and fees—eCheck payment is free! But owning five of them may suit the needs of the wealthy in Santa Clara County, which was just named the richest county in California. Compared to the median California family income, Santa Clara County median family income is $60,243 higher. Santa Clara County, CA (Median household income: $102,191) It contains San Jose, California’s third-largest city, and the Santa Clara Valley also known as Silicon Valley. The authors said Loudoun's proximity to Washington, D.C., and access to "countless jobs" help bolster its strong unemployment rate of just 2.3 percent, well below the national rate of 3.8 percent. Save On Kitchen & Laundry, High School Virtual Open House - Waldorf School of the Peninsula, CA Grocery Stores Open On Thanksgiving 2020: Hours, Saratoga Christmas Tree Shopping Guide For 2020, South Bay, Peninsula Residents Urged To Avoid Holiday Gatherings, 7 Festive Movies To Watch This Thanksgiving Weekend. Your supervisor is Dave Cortese of District 3.Â. As with the median household income data, 2020 family income data for Santa Clara County will be released in September of 2021. The long-term median sales price chart below is similar to those for counties around the Bay Area – a significant spike in median house prices since the pandemic struck in early spring. Annual percentage changes in median house sales price: The 2020 YTD percentage will almost certainly change, one way or another, by the time full-year sales data is in. The Wall Street Journal’s Top 200 Realtors in the U.S. © Copyright 2020 Brad Le. Request birth, death records, or marriage licenses, Apply for job opportunities with the County of Santa Clara, Be an active volunteer and serve the needs around the County, Search Board Meeting Agendas, Videos, and Minutes, Community Resources for Youth, Families and Individuals Impacted by COVID-19, Surveillance-Technology and Community-Safety Ordinance, Current Board Agendas, Minutes, and Webcasts, Lesbian, Gay, Bisexual, Transgender, Queer Affairs.

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