Farming and stock ranching were major enterprises between 1860 and 1920, but as with much of the Peninsula, the real surge for development came after World War II. The town of Portola Valley was incorporated in 1964 with the goals of preserving the beauty of the valley, fostering low-density housing and limiting services to those necessary for local residents.
To this day, the goal is to maintain a balance between the rural, quiet neighborhoods and the need for modern development.
2015-16 TOWN OPERATING BUDGET: $4.5 million
POPULATION (2014 estimate): 4,570
HOUSEHOLDS (2014): 1,940
SINGLE-FAMILY HOUSING (2014): 85.4 percent
MEDIAN 2015 HOME PRICE: $2,660,000
MEDIAN HOUSEHOLD INCOME (2014): $182,381
- - -
Portola Valley Neighborhoods:
This story contains 345 words.
If you are a paid subscriber, check to make sure you have logged in. Otherwise our system cannot recognize you as having full free access to our site.
If you are a paid print subscriber and haven't yet set up an online account, click here to get your online account activated.