True to its aura of wealth, Beverly Hills was named the nation’s most expensive housing market for the second year running in the 2007 Annual Home Price Comparison Index.With an average cost of $2.2 million for a home, Beverly Hills also helped the Los Angeles metropolitan area top the list of most expensive housing markets in the U.S. in the National Association of Home Builders 2007 Survey. In fact, 9 of the top 10 from that list were California metros.
Together with its neighbor West Hollywood, Beverly Hills is completely surrounded by the City of Los Angeles. It also comprises the "Platinum Triangle" of affluent neighborhoods along with the Los Angeles communities of Bel-Air and Holmby Hills.
Despite its high price tag, Beverly Hills is home to more than just the uber rich. While the palatial homes of Hollywood fame make up approximately 10% of the city, the remaining residences include small duplex rentals and detached homes with less than 3,000 square feet. In fact, the city’s average household income is just $71,000, only $18,000 more than the county average, due to the 56.6% of the city’s housing which is renter-occupied.
Fast Facts
- The Beverly Hills Unified School District is comprised of four K-8 schools and Beverly Hills High School (the district’s only high school) and is known for academic excellence.
- The city’s own television channel, KBEV, is run by students of Beverly Hills High School and airs on Channel 6 (cable).
- The famous 90210 zip code as well as the 90212 zip code encompass all of the city.
- Beverly Hills Courier, Beverly Hills Weekly, and Beverly Hills 213 Magazine are the city’s newspapers.
Demographics – 2000 Census
- 33,784 Residents
- 15,035 Households
- 8,629 Families
- 2,300.5/km2 (5,954.0/mi2) Population Density
- 85.06% White
- 1.77% Black or African American
- 0.13% Native American
- 7.05% Asian
- 0.03% Pacific Islander
- 1.50% Other Races
- 4.46% Two or More Races
- 4.63% Hispanic or Latino
Income – 2000 Census
- $70,945 Median Household Income
- $125,707 Median Household Income for Owner-Occupied Housing
- $48,179 Median Household Income for Renter-Occupied Housing
- $102,611 Median Family Income
- $72,004 Median Income for Males
- $46,217 Median Income for Females
- $65,507 Per Capita Income
Politics
- 21,426 Registered Voters
- 50.3% Democrat
- 25.9% Republican
- 23.8% Independents / Green Party / Libertarian Party
