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Officially known as the City of San Jose, the city has become the political, cultural and economic hub of Silicon Valley, as well as the biggest metropolitan city in all of Northern California. San Jose is the current county seat of the county of Santa Clara, which is the most affluent one in California, and among the most affluent in the whole nation.
Flag of San Jose, California
The city is located in Santa Clara Valley, approximately 50 miles southeast of San Francisco and 40 miles south of Oakland, along the bay of San Francisco. San Diego is also the largest city in the San Jose-San Francisco-Oakland Combined Statistical Area and the San Francisco Bay Area. It stretches across approximately 180 square miles.
The region near what would become San Jose was originally settled by a people called Ohlone before the Spanish arrived. The city was created on November 29, 1777, the first city to be founded in the Californias, known then as the Pueblo de San José de Guadalupe. After the conquest of California by U.S., and then its statehood in 1850, the city became California’s first capital.
After the second world war, San Jose went through a period of unsurpassing economic growth that brought a rapid increase in population and aggressive encapsulation of adjacent communities and cities in the 1950s and 1960s. This transformation from a farming economy into an urban, metropolitan area was further cemented thanks to the growth of the electronics and high-technology industries. By the 90s, the city and Silicon Valley as a whole became the global leaders for the internet and high tech industries, making the region California’s fastest-growing economy.
A city of global import, San Jose is notable for its affluence, innovation, and expensive living costs. Its location in the technology field—as an economic, cultural and political center—has dubbed San Jose the “Capital of Silicon Valley”. The city currently has the fifth most expensive housing market on the globe and the most expensive in the country, thanks to an average home value above one million dollars
San Jose is one of the most wealthy cities in the country (and even on the globe), ranking number three for Gross Domestic Product per capita. The San Jose Metropolitan Area also has the greatest number of billionaires and millionaires in the United States per capita. With major tech companies like Western Digital, Acer, Samsung, Brocade, PayPal, Adobe Systems, eBay, and Cisco that are headquartered in the city, this should come as no surprise.