Redondo Beach Declared One of America's 'Richest Small Cities'

Apparently, you all live on yachts, according to one real estate blog.

Redondo Beach. Patch photo credit: Penny Arévalo
Redondo Beach. Patch photo credit: Penny Arévalo
You'd think a real estate blog attempting to determine the "richest small cities" -- defined as having populations between 30,000-80,000 people -- would name Beverly Hills first among Southern California towns.

But Beverly Hills didn't even make Movoto's Top 10. You know who did?

That's right, Redondo Beach.

Redondo Beach was the first in Southern California to grace the nationwide Top 10, checking in at No. 4.

Here's how Movoto came up with its unusual list. They first ranked towns with populations between 30,000 and 80,000 by median incomes and home values. They then calculated these can't-live-without-attributes:

  • Really expensive fine dining establishments per capita
  • Really expensive clothing retailers per capita
  • Really expensive jewelry stores per capita
  • Luxury car dealers per capita
  • Country clubs per capita
  • Cosmetic surgeons per capita
  • Distance to nearest polo field
  • Distance to nearest yacht club
  • Distance to nearest private airport

So how did Redondo Beach compare? It came out No. 1 for the shortest distance to a yacht club and No. 4 for a drive to the nearest private airport.

Interestingly, Redondo Beach has the lowest median income on the Top 10 nationwide, listed at "only 98,816" per household. Guess it was all that easy access to yachts that really moved your favorite South Bay town up on the lsit.

Here's what Movato had to say, in part, about Redondo Beach. 

Residents of this extremely affluent seaside community in California, on the other hand, can basically roll out of bed and onto their yachts in the morning (if they don’t just live on them already, that is). 

Yeah, sure. 

South Bay by Jackie May 02, 2014 at 01:44 AM
Yeah, we have all that....but they don't mention just how much you can do for FREE around here. Most of the 'Really Fine Dining Establishments' have fabulously inexpensive happy hours and the retailers always offer incredible sales. I was out shopping today and they're GIVING STUFF AWAY!
Wolfman May 05, 2014 at 03:05 PM
I retired a few years back and looked all over for a place to retire when I realized it was right here in Redondo Beach all the time best weather, best medical, best shopping, best restaurants, so I decided to stay right here.
Kelly Sarkisian May 08, 2014 at 01:25 AM
Time to leave Wolfman, you have over stayed your welcome!


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