The area is inhabited primarily by upper-mid- to high income families, and known in the Chilean collective consciousness as home to the country's economic elite.

Most of Las Condes' commercial activity is situated along Apoquindo Avenue, which is called colloquially "Sanhattan".

[7][8] As a commune, Las Condes is a third-level administrative division of Chile administered by a municipal council, headed by a mayor as the main executive officer who is directly elected every four years.

[1][2] The communal council has the following members: Chile Vamos (5) Republican Party (4) Broad Front Within the electoral divisions of Chile, Las Condes is represented in the Chamber of Deputies by Gonzalo Fuenzalida (RN), Karin Luck (RN), Catalina del Real (RN), Francisco Undurraga (Evopoli) and Guillermo Ramírez (UDI) for the Conservatives, and Tomás Hirsch (PH) for the Frente Amplio (left-wing) as part of the 11th electoral district, (together with Vitacura, Lo Barnechea, La Reina and Peñalolén).

The commune is represented in the Senate by Manuel José Ossandón (RN) and Carlos Montes (PS) as part of the 8th senatorial constituency (Santiago-East).