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Portola Valley

Portola Valley (94028) is considered the wealthiest ZIP code in America, with a per-capita income of over five times the national average. It is an incorporated town in San Mateo County, California, United States, which was founded in 1964. Portola Valley is characterized by its rural charm, particularly exemplified in the fact that the town has more miles of trails than it does roads.

Portola Valley is one of the wealthiest towns in the United States, with a median household income of over $250,000 a year. Within the State of California, Portola Valley is ranked as the wealthiest ZIP code. The zip code 94028, which encompasses the whole of Portola Valley, had the 9th most expensive housing prices within the country according to Forbes Magazine in 2013. Specifically, according to Zillow.com, Portola Valley has an average home value index of almost four million, and is predicted to continue rising within the next few years.

Demographics

2010

The 2010 United States Census reported that Portola Valley had a population of 4,353. The population density was 478.7 people per square mile. The racial makeup of Portola Valley was 3,960 (91.0%) White, 12 (0.3%) African American, 5 (0.1%) Native American, 242 (5.6%) Asian, 1 (0.0%) Pacific Islander, 29 (0.7%) from other races, and 104 (2.4%) from two or more races. Hispanic or Latino of any race were 175 persons (4.0%).

The Census reported that 4,309 people (99.0% of the population) lived in households, 9 (0.2%) lived in non-institutionalized group quarters, and 35 (0.8%) were institutionalized.

There were 1,746 households, out of which 518 (29.7%) had children under the age of 18 living in them, 1,149 (65.8%) were opposite-sex married couples living together, 70 (4.0%) had a female householder with no husband present, 35 (2.0%) had a male householder with no wife present. There were 37 (2.1%) unmarried opposite-sex partnerships, and 21 (1.2%) same-sex married couples or partnerships. 420 households (24.1%) were made up of individuals and 290 (16.6%) had someone living alone who was 65 years of age or older. The average household size was 2.47. There were 1,254 families (71.8% of all households); the average family size was 2.93.

The population was spread out with 1,001 people (23.0%) under the age of 18, 145 people (3.3%) aged 18 to 24, 538 people (12.4%) aged 25 to 44, 1,496 people (34.4%) aged 45 to 64, and 1,173 people (26.9%) who were 65 years of age or older. The median age was 51.3 years. For every 100 females there were 98.4 males. For every 100 females age 18 and over, there were 91.2 males.

There were 1,895 housing units at an average density of 208.4 per square mile, of which 1,392 (79.7%) were owner-occupied, and 354 (20.3%) were occupied by renters. The homeowner vacancy rate was 1.0%; the rental vacancy rate was 9.8%. 3,702 people (85.0% of the population) lived in owner-occupied housing units and 607 people (13.9%) lived in rental housing units.

According to the most recent data from Trulia, Portola Valley's median household income is estimated to be $250,001.

Education:

The Portola Valley Elementary School District has two public primary schools: Ormondale School (with grades K-3) and Corte Madera School (grades 4-8). Portola Valley is one of the few (perhaps only) school districts that has a school named after a race horse (Ormonde).

Portola Valley is also home to a Roman Catholic Benedictine monastery and an independent college-preparatory Roman Catholic day and boarding school, Woodside Priory School, with grades 6-12.

The nearest public secondary school is Woodside High School, located in neighboring Woodside. Many children attend other public and private institutions such as Woodside Priory School (located within the town limits of Portola Valley), Menlo-Atherton High School, Summit Preparatory Charter High School, Everest Public High School, Saint Francis High School (Mountain View), Menlo School, Sacred Heart Preparatory (Atherton, California), Junípero Serra High School, and Crystal Springs Uplands School.

The city is served by the Portola Valley Public Library of the San Mateo County Libraries, a member of the Peninsula Library System.

 

For additional info visit Wikipedia: https://en.wikipedia.org/wiki/Portola_Valley,_California

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