Newport Beach, California

Newport Beach, California
Newport Beach, California - The city's median family income and property values consistently place high in national rankings, making Newport Beach one of the wealthiest communities in California, and in United States overall. The Daily Pilot, a newspaper published in the neighboring city of Costa Mesa, reported in 2010 that more than a quarter of households have an income greater than $200,000, and the median value for homes exceeds $1 million. In February 2010, Portfolio.com ranked Newport Beach as the richest city in the U.S

The seven islands of Newport Beach Harbor lie cradled inside Balboa Peninsula, and are some of the most expensive real estate in Southern California. Homes costing $1.5 million and up are surrounded by one of the world's largest, small-yacht harbors. Newport Beach is a quiet, relaxed place where you're more likely to meet the harbor patrol than the highway patrol, and you'll hear more birds than automobiles.

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