San Jose, California

===Wealth===
[[File:Median housing price by metro area.webp|thumb|Median housing price by metro area]]
It is situated in the most affluent county in [[California]] and one of the most affluent counties in the United States.<ref>{{cite web|url=https://www.census.gov/acs/www/data_documentation/summary_file/|archive-url=https://web.archive.org/web/20140701094816/http://www.census.gov/acs/www/data_documentation/summary_file/ |title=2012 American Community Survey |archive-date=July 1, 2014}}</ref><ref>{{cite web |url=http://www.worldatlas.com/articles/richest-counties-in-the-united-states.html |title=Richest Counties In The United States |access-date=April 18, 2017 |archive-url=https://web.archive.org/web/20170419103213/http://www.worldatlas.com/articles/richest-counties-in-the-united-states.html |archive-date=April 19, 2017 |url-status=live}}</ref><ref>{{cite web |url=http://www.mercurynews.com/2014/08/10/santa-clara-county-has-highest-median-household-income-in-nation-but-wealth-gap-widens/ |title=Santa Clara County has highest median household income in nation, but wealth gap widens |work=The Mercury News |date=August 10, 2014 |access-date=April 18, 2017 |archive-url=https://web.archive.org/web/20170419104949/http://www.mercurynews.com/2014/08/10/santa-clara-county-has-highest-median-household-income-in-nation-but-wealth-gap-widens/ |archive-date=April 19, 2017 |url-status=live}}</ref>

With a median home price of $1,085,000<ref>{{cite web |url=http://www.businessinsider.com/san-jose-median-home-price-1-million-2016-8 |title=The first US city where average homes cost over $1 million |website=[[Business Insider]] |access-date=March 8, 2017 |archive-url=https://web.archive.org/web/20170309063740/http://www.businessinsider.com/san-jose-median-home-price-1-million-2016-8 |archive-date=March 9, 2017 |url-status=live}}</ref> and the highest percentage of million-dollar (or more) homes in the United States,<ref name="NYT-20210617">{{cite news |last=Kolomatsky |first=Michael |title=Where Are the Million-Dollar Homes? - A new report reveals which U.S. metropolitan areas have the highest percentage of homes valued at $1 million or more. |url=https://www.nytimes.com/2021/06/17/realestate/where-are-the-million-dollar-homes.html |archive-url=https://ghostarchive.org/archive/20211228/https://www.nytimes.com/2021/06/17/realestate/where-are-the-million-dollar-homes.html |archive-date=2021-12-28 |url-access=limited |date=June 17, 2021 |work=[[The New York Times]] |access-date=June 18, 2021 }}{{cbignore}}</ref> San Jose has the most expensive housing market in the United States and the fifth most expensive housing market in the world.<ref>{{cite web |url=http://www.demographia.com/dhi.pdf |title=13th Annual Demographia International Housing Affordability Survey: 2017 |access-date=March 8, 2017 |archive-url=https://web.archive.org/web/20130123080849/http://www.demographia.com/dhi.pdf |archive-date=January 23, 2013 |url-status=live}}</ref><ref>{{cite news |url=http://www.sfgate.com/news/article/San-Jose-is-the-most-unaffordable-city-in-U-S-10878162.php |title=San Jose is the most 'unaffordable' major housing market in U.S., survey says |newspaper=Sfgate |date=January 23, 2017 |access-date=March 8, 2017 |archive-url=https://web.archive.org/web/20170309061003/http://www.sfgate.com/news/article/San-Jose-is-the-most-unaffordable-city-in-U-S-10878162.php |archive-date=March 9, 2017 |url-status=live |last1=Pereira |first1=Alyssa }}</ref><ref>{{cite news |url=http://www.cnn.com/2017/01/23/architecture/2017-most-expensive-cities-hong-kong/index.html |title=The least affordable places to live in 2017 |author=Kate Springer |website=CNN |access-date=May 21, 2017 |archive-url=https://web.archive.org/web/20170519075641/http://www.cnn.com/2017/01/23/architecture/2017-most-expensive-cities-hong-kong/index.html |archive-date=May 19, 2017 |url-status=live}}</ref>

The [[cost of living]] in San Jose and the surrounding areas is among the highest in California and the nation, according to 2004 data.<ref>{{cite web |url=http://www.fedc.com/ACCRACostofLivingIndex2ndQuarter2004.htm |title=The Ten Most and Least Expensive Urban Areas in the ACCRA Cost of Living Index (COLI) – Second Quarter 2004 |publisher=FEDC.com |archive-url=https://web.archive.org/web/20040909231151/http://www.fedc.com/ACCRACostofLivingIndex2ndQuarter2004.htm |archive-date=September 9, 2004 |access-date=November 9, 2013}}</ref> Housing costs are the primary reason for the high cost of living, although the costs in all areas tracked by the [[ACCRA Cost of Living Index]] are above the national average. Households in the city limits have the highest [[disposable income]] of any city in the U.S. with over 500,000 residents.<ref>{{cite web |title=San Jose – Accolades |publisher="America's Most Livable Communities" (Partners for Livable Communities, Washington, D.C.) |url=http://www.mostlivable.org/general/san-jos-city-home.html |archive-url=https://archive.today/20110226175457/http://www.mostlivable.org/general/san-jos-city-home.html |archive-date=February 26, 2011 |access-date=April 7, 2008 }}
</ref><ref>{{cite web
 |title=San Jose, Capital of Silicon Valley: #1 Community for Innovators in U.S.
 |publisher=City of San Jose
 |date=March 27, 2008
 |url=http://www.sjeconomy.com/aboutsj/communityinnovators.asp
 |archive-url=https://web.archive.org/web/20040302151726/http://www.sjeconomy.com/aboutsj/communityinnovators.asp
 |archive-date=March 2, 2004
 |access-date=April 7, 2008
}}</ref>