In 1914, Beverly Hills had attracted enough residents to become incorporated as a city. Beverly Hills had started to become one of the world's toniest neighborhoods in 1920 when Mary Pickford and Douglas Fairbanks built their country home in the nearby hills. Many silver screen stars also built their homes there, transforming the bean fields surrounding The Beverly Hills Hotel into prime real estate.
Beverly Hills is located to the west of Los Angeles. Beverly Hills and the neighboring city of West Hollywood are together entirely surrounded by the city of Los Angeles. The area's "Platinum Triangle" of wealthy neighborhoods is formed by Beverly Hills and the Los Angeles neighborhoods of Bel-Air and Holmby Hills.
Beverly Hills is bordered on the north by Bel-Air and the Santa Monica Mountains, on the east by West Hollywood, the Carthay neighborhood of Los Angeles, and the Fairfax District of Los Angeles, on the south by the Los Angeles neighborhood of Beverlywood, and on the west by Holmby Hills as well as Westwood Village and Century City, which are also Los Angeles districts.
Some of the largest homes in Los Angeles County lie within its city limits but only make up just 10% of the city. The remaining homes include small duplex rental units and detached homes with less than 3,000 square feet (278.7 mē). There are areas within Los Angeles County that are more uniformly wealthy and have a higher household median income than Beverly Hills. The city's average household income, just over $71,000, is $18,000 higher than the county average.
Beverly Hills as the most expensive housing market (second year in a row) in the United States, with a median home price of $2.21 million dollars
