Redondo Beach ranks fifth for the rich and single, city plans for more revitalization
Redondo Beach. Photo Redondo Beach was recently named one of the top “best places for the rich and single,” by Money Magazine. According to the August article, Redondo Beach ranked number five alongside other California towns including Irvine that was named number six for their tech hubs, and number 10, Mountain View California for their tech billionaire companies like Google, LinkedIn and Intuit. Cities that topped this year’s list were Newton, Mass. at $145,636, Hoboken, N.J. at $140,780, and Brookline, Mass. at $139,756. In 2011, CNN Money contributor Grace Wong bestowed Manhattan Beach with the top prize because of the 30.2 percent single rate and the median income of $154,860, along with the label of “sophistication with a beach.” Manhattan Beach also beat out the famous 90210 zip code that was named number three, Beverly Hills. On the 2011 list, Hermosa Beach was rated number four with an almost 50 percent rate of single people, and a median income of $134,033. Redondo Beach didn’t even make the top 25 list. This year both Manhattan Beach and Hermosa Beach were left out. The jump in rank for Redondo Beach has many factors and Redondo Beach is actively attempting to address…
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