Quick facts: San francisco, CA

Quick Facts

140.5
Cost of Living
above US average
808,437
Population
68.02
Crime Rate per 1000
above US average
$136,689
Median Income
above US average
$539,800
Median House Price
above US average
$4413.33
Average Rent
above US average
12%
Poverty Rate
above US average
3.6%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $136,689.

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Income Needed to Buy

βœ— Stretch
$169k/year
Based on $539,800 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $169k vs median $136,689
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Income Needed to Rent

⚠ Stretch
$189k/year
Based on $4413.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $189k vs median $136,689
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for San francisco, CA

San Francisco, CA, is a vibrant coastal city known for its iconic landmarks, diverse culture, and innovative spirit. Nestled on a hilly peninsula, it boasts stunning views of the Pacific Ocean and the Bay. Famous for the Golden Gate Bridge, Alcatraz Island, and its historic cable cars, the city attracts millions of visitors each year. San Francisco is renowned for its diverse neighborhoods, each offering a unique charm. From the bustling streets of Chinatown, the oldest and one of the largest Chinese communities outside Asia, to the artistic vibe of the Mission District and the historic significance of Haight-Ashbury, there’s something for everyone. The city is also a hub for technology and innovation, housing major companies in Silicon Valley just south of the city. Culturally rich, San Francisco offers a thriving arts scene, world-class museums, and a dynamic culinary landscape, showcasing everything from gourmet dining to food trucks. Its temperate climate, with cool summers and mild winters, makes it an attractive destination year-round. With its blend of natural beauty, cultural diversity, and economic vitality, San Francisco remains one of the most sought-after cities in the United States.

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