Real Estate Roundup: Silicon Valley – Home to Highest Salaries in U.S.
Home Prices Among the Countries Highest
Median single-family home prices in Pacific Union’s Silicon Valley region are amongst the country’s highest and have been hovering in the $2.5 million range since the start of the year. And the fact that Silicon Valley employees were recently ranked as the best-paid in the U.S. should help drive continued home price appreciation.
A new Forbes study ranks the San Jose-Sunnyvale-Santa Clara metro area No. 1 in the U.S. for cities with the highest percentage of annual $100,000-plus incomes, at 45 percent. Another 12 percent of San Jose residents earn at least $75,000.
Workers in the San Francisco-Oakland-Fremont metro area took home the fourth-highest salaries in the country, with 38 percent making at least $100,000 and 11 percent more exceeding $75,000.
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