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Los Altos, California is a small, yet very wealthy bedroom community with a population
of almost 27,000 (US Census). Geographically, it is situated in the Santa Clara
Valley north of San Jose
and west of Palo Alto with the Santa Cruz Mountains bordering the west. The total
area of Los Altos is 22.6 square miles and the average elevation is 157 feet above
sea level. The city of Los Altos web site is www.ci.los-altos.ca.us.
The
Real Estate Market The city of Los Altos
is considered a very affluent area and is home to many Silicon Valley executives.
A few noteworthy ones are Steve Jobs (Apple Computer), Jerry Yang (Yahoo), Scott
McNealy (Sun Microsystems) and Charles Geschke and John Warnock (Adobe Systems).
If you plan to buy, expect to purchase a home that is
expensive but comes with the prestige of living in Los Altos. This area is considered
one of the premier real estate locations to buy in Santa Clara Valley. Agents
and Agencies
If you are interested in buying a home in Los Altos, listed below are the local
real estate agents and agencies.
Noteworthy
Statistics
Listed below are some real estate statistics that may be important in your search
for Los Altos real estate.. All statistics were taken from the 2000 U.S. Census
Bureau of Statistics unless otherwise noted. The median value of housing in Los
Altos (homes and condos) is $1,636,500, this statistic taken in 2008. Please visit
other sections of this web site to compare and contrast other towns and cities
of Santa Clara Valley.- About
the Los Altos Population
Total
population - 27,693 Median household income in 1999 (dollars) $126,740 Percent
of households below poverty level 1.1% - Education
Attainment Levels
Less than 9th grade - 0.7% 9th to 12th grade, no diploma
- 2.1% High school graduate (includes equivalency) - 7.6% Some college,
no degree - 14.1% Associate degree - 4.3% Bachelor's degree - 35.5% Graduate
or professional degree - 35.8% - About
the Real Estate
Total housing units - 10,727
- Owner-occupied
housing units - 85.6%
- Renter-occupied
housing units - 14.4% Vacant housing units - 2.5.% Median value of single-family
owner-occupied homes - $1,636,500 - Other
Important Statistics (2000)
Lived in same residence from 1995 to 2000 -
31.0% Lived in same residence from 1994 or less - 69.0%
Historical
Information
The first Spanish explorers and missionaries first traveled here in the 1770's
and almost two hundred years later in 1952, Los Altos was incorporated as a city.
Los Altos started as a small agricultural town with fruit trees dotting the landscape.
With the upsurge of industrial growth in the Santa Clara Valley during the 1940's
and 1950's, Los Altos grew into a larger community to meet the housing needs of
those that worked in defense and aerospace industry. Today many Silicon Valley
entrepreneurs and executives reside in Los Altos.
For more information on the history of this community visit the Los
Altos History Museum which is located near the civic center in Los Altos.
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