When identifying areas with a high concentration of millionaires, data often points to ZIP codes with a significant percentage of million-dollar homes. Based on available information, Rancho Santa Fe, CA (ZIP Code 92067), and Newport Beach, CA (ZIP Code 92662), stand out as areas with the highest reported percentage of million-dollar homes.
These two affluent California communities each feature an impressive 96% of homes valued at one million dollars or more. While this metric specifically measures home values rather than the exact count of millionaire residents, it serves as a strong indicator of wealth concentration within these areas, often correlating with a high number of millionaires.
Leading ZIP Codes for Million-Dollar Homes
Areas characterized by a high percentage of homes valued at a million dollars or more are generally considered prime locations for affluent individuals, including millionaires. These communities typically offer luxurious properties, high-end amenities, and a desirable lifestyle that attracts wealthy residents.
Here's a breakdown of notable ZIP codes and their percentage of million-dollar homes, reflecting areas of significant wealth:
ZIP Code | City, State | Percent of Million-Dollar Homes |
---|---|---|
92067 | Rancho Santa Fe, CA | 96% |
92662 | Newport Beach, CA | 96% |
93108 | Santa Barbara, CA | 80% |
94027 | Atherton, CA | 80% |
- Rancho Santa Fe, CA (92067): Located in San Diego County, this exclusive community is renowned for its sprawling estates, equestrian facilities, and private golf courses. Its high percentage of million-dollar homes underscores its status as a haven for the wealthy.
- Newport Beach, CA (92662): Situated in Orange County, this coastal city is famous for its upscale residential areas, yacht-filled harbor, and luxurious lifestyle. The 96% figure reflects the prevalence of high-value properties along its picturesque coastline.
- Santa Barbara, CA (93108): Another desirable California locale, this ZIP code in Santa Barbara County is characterized by stunning ocean views, Mediterranean-style architecture, and often counts celebrities among its residents. Eighty percent of its homes are valued at over a million dollars.
- Atherton, CA (94027): Nestled in the heart of Silicon Valley, Atherton consistently ranks among the wealthiest towns in the United States. Its high percentage of million-dollar homes (80%) is a testament to the immense wealth generated by the tech industry in the region.
While the precise definition of a "millionaire" is based on an individual's net worth, the prevalence of million-dollar homes in a ZIP code provides valuable insight into where a significant number of affluent individuals reside. These communities offer a clear indication of concentrated wealth in the United States.