IT workers and Bay Area real estate

The median home value in Silicon Valley is now $896,000, but according to a new Zillow study, the median home price for Apple Campus workers was $1,370,000, for Facebook HQ and Googleplex workers it was around $1,249,000. “Using census data, Zillow found the “typical worker at Apple’s Cupertino, Calif., headquarters lives in a home that is worth about $1.14 million, about $241,000 (27 percent) more than the median home in the already-pricey San Jose metro area and $380,000 (50 percent) above the median home value in the San Francisco metro area.” (SF Gate, November 2, 2015)

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