The Silicon Valley town that billionaires Eric Schmidt of Google and Facebook’s Sheryl Sandberg have called home is America’s richest community for the third year in a row.
Atherton, California, whose household income averaged $450,696 in 2017, topped the Bloomberg Richest Places annual index.
Atherton Mayor Bill Widmer said the tree-lined streets and lot sizes of at least an acre offer residents privacy with Stanford University, Google and Facebook all a short drive away.
“We value a semi-rural environment,” said Widmer, who moved to Atherton in 1996. “There are few sidewalks and many places don’t have streetlights.”