San Francisco, CA
San Francisco County ยท Pop. 808,437
Ranked #240 of 243 cities
12Crisis
Median Home Price
๐$1.4M
1.8% YoY
Median Rent
๐$3,100
1.0% YoY
Median Income
๐ฐ$120K
Rent Burden
๐34.0%
% of income to rent
Income to Buy
๐ฆ$388K
annual income needed
Income to Rent
๐$124K
annual income needed
Price-to-Income
โ๏ธ11.3x
Homeownership
๐ก38.0%
Rent vs. Buy
Buy
$7,185/mo
Est. mortgage (7%, 20% down)
Need $388K/yr income
Rent
$3,100/mo
Median rent
Need $124K/yr income
How San Francisco Compares
| Metric | San Francisco | California | National |
|---|---|---|---|
| Home Price | $1.4M | $726K | $410K |
| Rent | $3,100 | $1,992 | $1,500 |
| Income | $120K | $96K | $75K |
| Rent Burden | 34.0% | 40.5% | 30.0% |
Key Takeaways
- โข Home prices in San Francisco are 229% higher than the national average.
- โข Rent is 107% higher than the national average.
- โข You need an income of $388K to comfortably buy a home here.
- โข The homeownership rate is 38.0%, compared to 65.0% nationally.