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Economy and the Wealthy City of Rolling Hills, California

Updated on June 21, 2018
Patty Inglish, MS profile image

Ms. Inglish has 30 years of successful experience in medicine, psychology, STEM courses, and aerospace education (CAP).

Hills and Horses on a Grand Estate

On maps, this location is called the "City of Rolling Hills Estates." It is a gated residential community with private roads near numerous shopping malls and stand-alone shops south of Los Angeles. The city sits on the Palos Verdes Peninsula, a popular vacation spot fewer than 30 miles from Los Angeles.

A part of this area has been residential land since the first Spanish Land Grant in the state of California was provided. This history gives the place a colorful multicultural legacy extending from the early 1500s in the New World.

Peacocks are found throughout this community.
Peacocks are found throughout this community. | Source

Rolling Hills was first settled long before the English came to Jamestown (1609). In fact, Spanish claims extended from Southern California up the Pacific Coast into parts of Canada. Hence, the Spanish names of some islands between Washington State and Vancouver Island.

Prior to the Spanish exploration, the Tongva Nation lived on this peninsula undisturbed. At one point in the early 1930s, approximately two dozen Japanese tenant farming families rented acreage to produce crops for a few years in this area (Rolling Hills, The Early Years 1930 - 1941 by A.E. Hanson, Page 8).

A
Palos Verdes Peninsula.:
Palos Verdes Peninsula, CA, USA

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Ranchos Palos Verdes on the Peninsula
Ranchos Palos Verdes on the Peninsula | Source

High Quality Community Development

Incorporated as a city in the late 1950s when the nation's highway systems quickly expanded in post-WWII development, the community seems in the 2010s to be a system of planned communities with nearly three dozen separate neighborhoods and Neighborhood Associations recognized by the city council.

Sustainability and the environment are primary concerns of the city as a whole, with a planned donation organization called Pepper Tree Foundation available to accept conservation related donations from individuals, school classes, churches, and others.

Special protection for all wild birds is enforced within the city limits and horses are welcomed, within certain limits per household. Parks, green spaces, sports fields, bridle trails, and a number of special yearly camps are maintained throughout the year. The city also owns a nature center in George F. Canyon.

Gardening with A.E. Hanson

Landscape architect A.E. Hanson (1893 - 1986) was a well-known professional in the Rolling Hills area that accomplished gardens that brought him notoriety in the 1920s. This was especially noteworthy, since he trained himself in his profession.

Aside from the above work, he wrote a landscaping and cultural history of Rolling Hills through the year 1941, which I find very interesting. In his book, he discusses nine of the most famous California gardens of the early 20th century, all landscaped by Hanson himself.

These estates included the gardens of the silent film star Harold Lloyd's property in Beverly Hills before The Great Depression, an Andalusian garden on the property of Archibald Young in Pasadena, and an Italian garden in Montecito.

The architect was asked by a landowner on the Palos Verdes Peninsula to landscape his gardens, and Hanson's work soon proliferated the community.

Click thumbnail to view full-size
National Record of Historic Places: Harold Lloyd House, Greenacres.Harold Lloyd (1893-1971) in "Safety Last!", 1923
National Record of Historic Places: Harold Lloyd House, Greenacres.
National Record of Historic Places: Harold Lloyd House, Greenacres. | Source
Harold Lloyd (1893-1971) in "Safety Last!", 1923
Harold Lloyd (1893-1971) in "Safety Last!", 1923 | Source
Source
A
Harold Lloyd House 1740 Green Acres Drive, Beverly Hills:
1740 Green Acres Dr, Beverly Hills, CA 90210, USA

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Special Attractions Around the Peninsula

Tourism and all its related businesses are consistently boosted by a number of local attractions, including:

  • City of Torrance - Torrance Airport: Louis Zamperini Field - Named after the Olympian and WWII Louis Zamparini, as shown in the 2014 film "Unbroken." Address: 3301 Airport Drive, Torrance, CA 90505; Phone:(310) 784-7900
  • Cowboy Boot Camp. 63 Buckskin Lane; Rolling Hills Estates, CA 90274-4253
  • George F Canyon Preserve & Nature Center | Palos Verdes Peninsula Land Conservancy: Located on 36 acres, the Preserve features a nature trail and stream that passes through one of the most pristine and beautiful canyons on the Peninsula.
  • Glass Church / Wayfarers Chapel at Rancho Palos
  • Ken Malloy Harbor Regional Park: Reggie the Alligator lives here and two children's book have been writtten about him by Angi Ma Wong.
  • Palos Verdes Golf Club and Country Club: Welcome to the Palos Verdes Golf Club-Award Winning Course
  • Rolling Hills Casino. 2655 Everett Freeman Way; Corning, California 96021
  • South Coast Botanic Garden at Palos Verdes
  • western Museum of Flight at Torrance.

A
Rolling Hills Estates:
Rolling Hills Estates, CA, USA

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B
Long Beach:
Long Beach, CA, USA

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C
Louis Zamperini Field:
Zamperini Field (TOA), 3301 Airport Dr, Torrance, CA 90505, USA

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D
Pasadena:
Pasadena, CA, USA

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E
Montecito:
Montecito, CA 93108, USA

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F
Western Museum of Flight:
3315 Airport Dr, Torrance, CA 90505, USA

get directions

Nearest Colleges and Universities

  • American University of Health Sciences: Signal Hill, California
  • Crestmont College for Salvation Army Officer Training
  • El Camino College at Compton
  • Los Angeles Harbor College: Wilmington, California
  • California State University Dominguez Hills: Carson, California
  • Marymount College: Rancho Palos Verdes, California

Dozens of additional schools of higher learning operate between 10 and 30 miles from Rolling Hills.

Beach in nearby Torrance, California, to the northwest of Rolling Hills Estates.
Beach in nearby Torrance, California, to the northwest of Rolling Hills Estates. | Source

Economy, Business and Jobs

Wealth and Housing Costs For Rolling Hills Estates

According to Bloomberg BusinessWeek:

  • Average Net Income: $324,190
  • Average Net Worth: $1,647,622

Of 22 homes for sale on Zillow; January 2018:

  • Price range is: $12,800.000 down to $488,000.
  • Median price: $2,650,000
  • Median Household Income: $200,001
  • Homes have increased in cost over by 2.0% in the last year, and most of the homes were built from 1940 - 1959.

Zillow also reports that many of the residents of Rolling Hills are immigrants that earn high annual incomes and are in ages 30 - 65. Most speak at least one foreign language and all of these immigrants graduated from high school, while many have college and graduate degrees.

US Presidents and Economic Ups and Downs

Looking at job listings from 2013 through 2018 on Indeed.com, which aggregates across the Internet, we see sharp fluctuations during the second administration of President George W. Bush and Barrack Obama's first term. Job listings began increasing after 2010, with an incredible surge of over nine million job listings in October 2013 after a televised debate between President Obama and opponent Mitt Romney.

March 2011 saw job listings climb to over 94,000 advertised positions within 25 miles of this suburb, the Number Three Wealthiest Town in the US, according to Bloomberg publications. As of June 2018, over 90,000 job listings are available as well, with a steady decline in unemployment since 2010.

Top 10 Local High Demand Jobs

The most workers continue to be needed in the following job titles:

  1. Aerospace and other Engineers and Technicians
  2. Physical Therapists and Occupational Therapists, including those who do home visits.
  3. Staff RNs for Hospitals
  4. Salespeople
  5. IT Project Managers and Related
  6. Baristas: Starbucks and other coffee houses
  7. Pizza Hut Crew and Management
  8. Shift Supervisors
  9. Account Executives
  10. Administrative Assistants

The following job titles are increasing in numbers of annual vacancy listings more quickly than other jobs in the Rolling Hills area to the year 2024.

  1. Home Health Aides
  2. Mathematicians and Statisticians
  3. Construction: Iron and rebar workers; brickmasons and helpers; stonemasons; tile and marble workers; floor layers; roofers; paper hangers; plasterers
  4. Chefs and Cooks
  5. Nurse Practitioners
  6. Web Developers
  7. IT Analysts
  8. Physical and Occupational Therapists
  9. Biomedical Engineers
  10. Marriage and Family Therapists
  11. Commercial Pilots
  12. Physician Assistants

Most Frequently Hiring Companies

  1. Engineering Companies, many of which are contractors for NASA
  2. Kaiser Permanente Healthcare Facilities
  3. UCLA Health System
  4. Deloitte
  5. Pizza Hut, McDonald's
  6. Ajilon Professional Staffing
  7. AT&T
  8. Cedars-Sinai Medical Center
  9. Providence Health & Services
  10. Bank of America

Largest Successful Companies

  1. UCLA Health System
  2. Cedars Sinai Medical Center
  3. Los Angeles Police Department
  4. LAC & USC Medical Center
  5. Intel
  6. Gold Coast Tires
  7. US Department of the Interior
  8. Sony Pictures - Culver City
  9. Kaiser Foundation Hospital and Kaiser Permanente
  10. Long Beach Memorial Medical Center

Sources

  • Indeed.com job listings aggregates January 2009 - June 2018.
  • Sperling's Best Places, Rolling Hills. www.bestplaces.net/city/california/rolling_hills Retrieved June 20, 2018.
  • State of California Employment Development Department
  • US Census data 2009 - 2016.

© 2011 Patty Inglish MS

Comments

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    • shafmasta profile image

      shafmasta 

      7 years ago

      I soo want to get out of the UK. The recession here doesn't seem to end! :(

      Again. great hub! Your an excellent writer!

    • AllSuretyBonds profile image

      AllSuretyBonds 

      7 years ago

      Great Hub. It doesn't surprise me that Rolling Hills is selected as one of the wealthiest cities. I used to live in Laguna Niguel area a few years back and even then Rolling Hills was booming and fast growing.

    • crystolite profile image

      Emma 

      7 years ago from Houston TX

      Good hub.Thanks for writing this very article that sounds like a documentary.

    • cameciob profile image

      cameciob 

      7 years ago

      Patty, ready your hub I felt like packing my stuff and get going ...(I always wanted to live in a warmer state instead a frozen one like MN).Since I cannot leave, at least I can read about it.

    • Hello, hello, profile image

      Hello, hello, 

      7 years ago from London, UK

      A beautiful place and people who live and work there are really to be envied. Thank you Patty.

    • KoffeeKlatch Gals profile image

      Susan Hazelton 

      7 years ago from Sunny Florida

      Patty, somehow it doesn't surprize me that Rolling Hills Ca is wealthy. It looks like is one of the faster growing areas around. I certainly wouldn't turn down the chance to make the Net Income Average.

    • Harvey Stelman profile image

      Harvey Stelman 

      7 years ago from Illinois

      Patty, The is well written as usual. Looks like a nice place to live. H

    • speedbird profile image

      speedbird 

      7 years ago from Nairobi, Kenya

      Patty your hubs are rally great and I enjoy reading them very much. I like the way you present analytical data using graphs and maps. I am sure you must have done some research to come up with this great piece of work. Keep up the good work you are doing.

    • Darlene Sabella profile image

      Darlene Sabella 

      7 years ago from Hello, my name is Toast and Jam, I live in the forest with my dog named Sam ...

      Thanks Patty, I forward this to my son, we come from Orange Country and he has been out of work for a few years. Heartbreaking because he so loves his work. I hope he see all that you do in your hubs and maybe he can find something. You are a gem, and this hub is great, yes just like Toni the tiger, GREAT...rate up love & peace darski

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