Morgan Hill is a city in Santa Clara County, California, at the southern tip of Silicon Valley, in the San Francisco Bay Area. Morgan Hill is a residential community for Silicon Valley, as well as the seat of several high-tech companies.Morgan Hill is a dining, entertainment, and recreational destination in Silicon Valley, owing to its Michelin-star chefs,luxury hospitality, wineries, nature parks, and the numerous noteworthy events the city hosts, such as the Tour of California. According to Forbes, Morgan Hill is one of the most expensive places to live in the United States. Business Insider ranked Morgan Hill as the 17th most expensive housing market in the United States, owing to its concentration of high-net-worth individuals and restrictive growth policies.
Morgan Hill's economy can be defined by its place within Silicon Valley, which characterizes the economy into two main categories: its status as an upscale leisure and residential community for Silicon Valley, which drives Morgan Hill's real estate, recreation, hospitality, and entertainment industries, and its participation in the high-technology industries of Silicon Valley, which drive Morgan Hill's technology companies, start-ups, and research & development firms.
Morgan Hill, along with Saratoga, San Martin, and Gilroy make up the Santa Clara Valley AVA, a protected American Viticultural Area designation for wineries and vineyards within the historic Santa Clara Valley. Along with producing wine, wineries in Morgan Hill are noted for their popularity in wine tourism.
Numerous companies of other industries are based in Morgan Hill as well, such as the Gryphon Financial Group (finance), Specialized Bicycle Components, (major global manufacturer of high performance bicycles), and the Paramit Corporation (high tech medical device manufacturer based in Madrone district).
Notable high tech companies that are headquartered or have their American headquarters in Morgan Hill include Anritsu, Flextronics , Velodyne , TenCate Advanced Composites, and the Paramit Corporation.
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