![]() The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zürich, Switzerland and Oslo, Norway), according to the Brookings Institution, and, as of June 2021, has the highest percentage of homes valued at $1 million or more in the United States. Other major Silicon Valley cities include Santa Clara, Redwood City and Cupertino. San Jose is Silicon Valley's largest city, the third-largest in California, and the 12th-most populous in the United States. ![]() The cities of Sunnyvale, Mountain View, Palo Alto and Menlo Park are frequently cited as the birthplace of Silicon Valley. The term "Silicon Valley" refers to the area in which high-tech business has proliferated in Northern California, and it also serves as a general metonym for California's high-tech business sector. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara Valley. Silicon Valley is a region in Northern California that is a global center for high technology and innovation.
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