 74.4% of the population had a bachelor's degree or higher (age 25+).The median income for a household in the city was $120,000, with 4% of the population below the poverty line, the lowest level of poverty of any independent city or county in the United States.As of the census of 2000, there were 10,377 people, 4,471 households, and 2,620 families residing in the city.