Palos Verdes Estates is an affluent city in Los Angeles County, California, United States, situated on the Palos Verdes Peninsula. The city was masterplanned by the noted American landscape architect and planner Frederick Law Olmsted, Jr. The population was 13,438 at the 2010 census, up from 13,340 in the 2000 census. According to the 2000 U.S. Census, Palos Verdes Estates is the 81st richest place in the United States with at least 1,000 households (based upon per capita income). The 90274 ZIP code (covering the cities of Palos Verdes Estates and Rolling Hills) was ranked the 47th most expensive housing area among high property value U.S. ZIP codes in a 2007 study by Forbes.com.