San Mateo County
California · Pop. 764,442
Ranked #199 of 200 counties
12Crisis
Median Home Price
🏠$1.5M
2.2% YoY
Median Rent
🔑$3,300
Median Income
💰$135K
Rent Burden
📊31.5%
% of income to rent
Housing Shortage
🏗️12,000
estimated unit deficit
Building Permits (2024)
📋3,800
Price-to-Income Ratio
⚖️11.1x
Homeownership Rate
🏡57.0%
How San Mateo County Compares
| Metric | San Mateo County | California | National |
|---|---|---|---|
| Home Price | $1.5M | $726K | $410K |
| Rent | $3,300 | $1,992 | $1,500 |
| Income | $135K | $96K | $75K |
| Rent Burden | 31.5% | 40.5% | 30.0% |
| Homeownership | 57.0% | 56.0% | 65.0% |
Key Takeaways
- • Home prices are 266% above the national average.
- • Rent is 120% above the national average.
- • The county has an estimated housing shortage of 12,000 units.
- • 3,800 building permits were issued in 2024.
- • Year-over-year home prices changed by 2.2%.