Some Interesting Facts About Beverly Hills
Beverly Hills and its famous 90210 zip code have been immortalized on television and other media
. But there is much more to this beautiful place. We have listed in this article some interesting facts about this affluent city.
Beverly Hills is the home to the worlds rich and famous. Simply driving down the city is an exciting experience in and of itself. The streets are flanked by gorgeous, extravagant homes, many of which stand behind impeccably landscaped gardens. Head on to the commercial district and the sheer glamor, style and luxury will overwhelm you. The famous shopping district, Rodeo Drive, is just one of the many places housing top luxury brands, stores and boutiques.
Luxury and glamor are the two words most often used to describe Beverly Hills. The city stands apart due to its rich, classy culture as defined by the influential people who have made the city their home. The famous residents of 90210 include TV, film, music industry celebrities, foreign and domestic dignitaries, CEOs, heirs and heiresses, literary giants, authors, artists and other eminent professionals and personalities. Part of making it big often means living in Beverly Hills.
Here are some interesting facts about the city:
* As of 2011, Beverly Hills's population was 35,821. When compared to 2000, the population has grown from 33,784, which represents a growth rate of 5.99 percent.
* The average home cost in Beverly Hills is $1,161,200. The rate of home appreciation recorded for the past year has been -2.73 percent.
* Living in Beverly Hills requires a high income. This is because the cost of living in Beverly Hills is 163.40% higher than the U.S. average.
* Education is an important part of the city. The average amount that Beverly Hills public schools spend on a student is $5,732. This amount is greater than the average school expenditure in the United States, which is $5,678. The student-teacher ratio in the city is one teacher per 18.8 students.
* The employment rate in the city is better than the rest of the country. In fact, unemployment in Beverly Hills is 8.50 percent. Meanwhile, the United States average is 9.10%. However, job growth has declined. The number of jobs in Beverly Hills has decreased by 0.48 percent.
* While an average home of 2200 square feet with 4 bedrooms costs over $1.6 million, renting is a slightly more affordable option. The median rental rate for a 3 bedroom apartment is $1900 per month.
* The residents of Beverly Hills are wealthy and influential. The city offers excellent services, which are much better than the rest of the country. The city has an annual budget of $300 million, and it spends over $8500 per resident. This amount is the reason why the residents of this affluent city receive excellent services like superior street maintenance, efficient public safety departments and special services for senior and disabled residents.
* There is a large Iranian population in Beverly Hills. Jimmy Delshad was the first Iranian-American mayor in 2007. At that time almost 24% of Beverly Hills total population was Iranian.
These facts aside, it is the famous residents and lifestyle of the place makes people want to stay in
Beverly Hills California Real estate trends in the city are favoring the buyers presently and you must try to benefit from it.
by: Myra Nourmand
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