Top 100 Most Expensive Zip Codes in US by Forbes in 2013-Rank no.13-90210, Beverly Hills, CA

Top 100 Most Expensive Zip Codes in US by Forbes in 2013-Rank no.13-90210, Beverly Hills, CA

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Top 100 Most Expensive Zip Codes in US by Forbes in 2013-Rank no.13-90210, Beverly Hills, CA

Rank no.13 – 90210, Beverly Hills, CA

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90210, Beverly Hills, CA

Median Home Price: $3,630,743
Average Days On Market: 186
Number Of Homes On The Market: 236

Beverly Hills is a city in Los Angeles County, California, United States, surrounded by the City of Los Angeles. Originally a Spanish ranch where lima beans were grown, it was incorporated in 1914 by a group of investors who had failed to find oil, but found water instead and eventually decided to develop it into a town. It is now home to 34,290 inhabitants. Sometimes known as “90210”, it has been home to many actors and celebrities. The city also includes the shopping district Rodeo Drive and the Beverly Hills Oil Field.

2010

The 2010 United States Census reported that Beverly Hills had a population of 34,109. The population density was 5,973.1 people per square mile (2,306.2/km²). The racial makeup of Beverly Hills was 28,112 (82.4%) White, 746 (2.2%)African American, 48 (0.1%) Native American, 3,032 (8.9%) Asian, 12 (0.0%) Pacific Islander, 485 (1.4%) from other races, and 1,674 (4.9%) from two or more races. Hispanic or Latino of any race were 1,941 persons (5.7%).

The Census reported that 33,988 people (99.6% of the population) lived in households, 121 (0.4%) lived in non-institutionalized group quarters, and 0 (0%) were institutionalized.

There were 14,869 households, out of which 3,759 (25.3%) had children under the age of 18 living in them, 6,613 (44.5%) were opposite-sex married couples living together, 1,354 (9.1%) had a female householder with no husband present, 494 (3.3%) had a male householder with no wife present. There were 460 (3.1%) unmarried opposite-sex partnerships, and 131 (0.9%) same-sex married couples or partnerships. 5,400 households (36.3%) were made up of individuals and 1,834 (12.3%) had someone living alone who was 65 years of age or older. The average household size was 2.29. There were 8,461families (56.9% of all households); the average family size was 3.05.

The population was spread out with 6,623 people (19.4%) under the age of 18, 2,526 people (7.4%) aged 18 to 24, 8,540 people (25.0%) aged 25 to 44, 9,904 people (29.0%) aged 45 to 64, and 6,516 people (19.1%) who were 65 years of age or older. The median age was 43.6 years. For every 100 females there were 84.3 males. For every 100 females age 18 and over, there were 80.3 males.

There were 16,394 housing units at an average density of 2,870.9 per square mile (1,108.5/km²), of which 6,561 (44.1%) were owner-occupied, and 8,308 (55.9%) were occupied by renters. The homeowner vacancy rate was 2.2%; the rental vacancy rate was 8.0%. 17,740 people (52.0% of the population) lived in owner-occupied housing units and 16,248 people (47.6%) lived in rental housing units.

The CITY VIEW

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Economy

The former Hilton Hotels Corporation headquarters in Beverly Hills

Beverly Hills is home to one Fortune 500 company, Live Nation Entertainment. Since August 22, 2011, the headquarters of Metro-Goldwyn-Mayer have been located in Beverly Hills.

The Los Angeles-area offices of Aeroflot and El Al are in Beverly Hills. At one point, Hilton Hotels Corporation had its corporate headquarters in Beverly Hills. The original headquarters of GeoCities (at first Beverly Hills Internet) was at 9401 Wilshire Boulevard in Beverly Hills.

Underneath the city is the large and still-productive Beverly Hills Oil Field, serviced by four urban drilling islands, which drill diagonally into the earth underneath the city. The most notorious of these drilling islands occasioned a 2003 lawsuit representing former attendees of Beverly Hills High School, approximately 280 of which having suffered from cancers allegedly tied to the drilling operations

Beverly Hills in popular culture

Beverly Hills has been featured in a number of television shows and movies set in Beverly Hills, including:

 

11. 94920, Belvedere, CA

Home: Waterfront estate
List Price: $35.9 Million
Listed With: Decker Bullock Sotheby’s International Realty


For the next couple of weeks we will be checking out some homes in the most expensive zip codes in the United States, up today, 90210 . Thanks to a little Aaron Spelling show called Beverly Hills, 90210 about a bunch of privileged high school kids this is one of the most recognized zip codes in the U.S. It lives up to its reputation with a median price of $3,109,000 and a healthy appreciation rate of 441% since 1990.

Beverly Hills isn’t uniformly wealthy but it is the area most associated with wealth. World famous Rodeo Drive has help cemented its place as a luxury destination. The area boasts some of the largest homes in the Los Angeles area and as been home to movie stars since Douglas Fairbanks and Mary Pickford built Pickfair in 1919. We’ve covered this area of Los Angeles a lot including recently, the homes of Greek playboy Paris Latsis, basketball player Cuttino Mobley and TV host John O’Hurley.

Today’s home is in the gated Beverly Park area, one of the very best parts of Beverly Hills, and is located on nearly two acres. The five-bedroom home has a two-story entrance, a large living room/prjection room area, study, kitchen and family room and a loggia with an outdoor kitchen facing the pool and the guest house. The master suite has dual baths. The listing calls is “the best value in the area,” pretty amazing considering it’s listed at $23.5 million.