Arcadia is a city in Los Angeles County, California, United States located about 13 miles northeast of downtown Los Angeles in the San Gabriel Valley and at the base of the San Gabriel Mountains. It is the site of the Santa Anita Park racetrack and home to the Los Angeles County Arboretum and Botanic Garden. The city is named after Arcadia, Greece. In 2016, Arcadia was ranked the 5th most expensive housing market in the United States by Business Insider, with an average list of $1,748,680 for a four-bedroom home. In 2012, Arcadia was ranked 7th in the nation on CNN Money magazine's list of towns with highest median home costs. Arcadia's Upper Rancho neighborhood was ranked the 23rd richest neighborhood in Southern California by Business Insider in 2014, with a mean household income of $310,779. In 2010, Bloomberg Businessweek named Arcadia as one of the "Best Places to Raise Your Kids" for the second year in a row.