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San Jose is one of the wealthiest major cities in the United States and the world, and has the third highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution.
With California's Admission to the Union on 9 September 1850, San Jose became the state's first capital. It was incorporated on the same day as San Diego and Benicia; together, these three cities followed Sacramento as California's earliest incorporated cities.
Before the arrival of the Spanish, the area around San Jose was inhabited by the Ohlone people.
San Jose was founded on 29 November 1777, as the Pueblo de San José de Guadalupe, the first city founded in the Californias.
Between 18, thirty-eight rancho land grants were issued in the Santa Clara Valley, 15 of which were located within modern day San Jose's borders.
Numerous prominent historical figures were among those granted rancho lands in the Santa Valley, including James A.
Forbes, founder of Los Gatos, California (granted Rancho Potrero de Santa Clara), Antonio Suñol, Alcalde of San Jose (granted Rancho Los Coches), and José María Alviso, Alcalde of San Jose (granted Rancho Milpitas).