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==Economy== According to the city's 2010 Comprehensive Annual Financial Report,<ref name=cafr>[http://www.citymb.info/Modules/ShowDocument.aspx?documentid=7586 City of Manhattan Beach Comprehensive Annual Financial Report, Fiscal Year Ended June 30, 2010] {{webarchive|url=https://web.archive.org/web/20111004155353/http://www.citymb.info/Modules/ShowDocument.aspx?documentid=7586 |date=October 4, 2011 }}. Retrieved September 26, 2010.</ref> the top employers in the city are: {| class="wikitable" |- !# !Employer !# of Employees |- |1 |[[Target Corporation|Target]] |405 |- |2 |[[Skechers]] |362 |- |3 |[[Macy's]] |271 |- |4 |[[Fry's Electronics]] |251{{update-inline|reason=Store closed in 2021|date=February 2025}} |- |5 |[[Marriott International|Marriott]] |208 |- |6 |[[Ralphs]] |146 |- |7 |[[Olive Garden]] |143 |- |8 |[[24 Hour Fitness]] |133 |- |9 |[[Bristol Farms]] |130 |- |10 |Shade Hotel |113 |- |11 |Manhattan Beach [[Toyota]] |99 |- |12 |Houston's Restaurants |97 |- |13 |[[California Pizza Kitchen]] |85 |- |14 |[[Chili's]] |81 |- |15 |Belamar Hotel |79 |- |16 |[[Islands (restaurant)|Islands]] |75 |- |17 |[[REI]] |62 |} Residential prices in Manhattan Beach are among the highest in the state of California. In 2013, the Dataquick study reported that more homes exceeding $1 million were sold in Manhattan Beach than any other city in California. [[Pacific Palisades, Los Angeles|Pacific Palisades]], [[Beverly Hills]], [[La Jolla]], Malibu, Bel-Air, Orinda, Atherton, Montecito, and other high end cities in California ranked behind Manhattan Beach. The Higley 100 Census survey found that The Hill Section of Manhattan Beach is the second highest mean household income neighborhood in Los Angeles County, with [[Beverly Park]] ranking first and Beverly Hills (the 90210 section) ranking third, respectively.<ref>{{cite web|url=http://www.dqnews.com/Articles/2014/News/California/MDCA140130.aspx|title=Configurable Real Estate Data Reports|publisher=[[CoreLogic]]|access-date=December 27, 2017|archive-date=February 8, 2014|archive-url=https://web.archive.org/web/20140208063843/http://dqnews.com/Articles/2014/News/California/MDCA140130.aspx|url-status=dead}}</ref> The current median residential home price is $2.2 million according to a November 23, 2014, ''Los Angeles Times'' article, and land values in Manhattan Beach rank among the highest per square foot in the nation.<ref name=patch/> Land values on the Manhattan Beach "Strand" are routinely around $10 million for a {{Convert|3,000|ft2|m2|adj=on}} piece of land.
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