Quick facts: Burlingame, CA

Quick Facts

127.6
Cost of Living
above US average
30,559
Population
41.33
Crime Rate per 1000
above US average
$165,940
Median Income
above US average
$3,788,000
Median House Price
above US average
$5971.92
Average Rent
above US average
3%
Poverty Rate
below US average
3.8%
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 $165,940.

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Income Needed to Buy

βœ— Stretch
$1188k/year
Based on $3,788,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $1188k vs median $165,940
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Income Needed to Rent

⚠ Stretch
$256k/year
Based on $5971.92/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $256k vs median $165,940
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Burlingame, CA

Burlingame, California, is a charming city located in San Mateo County, along the picturesque San Francisco Peninsula. Nestled between the vibrant cities of San Francisco and San Mateo, Burlingame boasts a population of around 30,000 residents. It is known for its beautiful tree-lined streets, historic architecture, and a strong sense of community. The city features a lovely downtown area filled with boutique shops, restaurants, and cafes, making it a popular destination for both locals and visitors. Burlingame’s extensive parks, such as the scenic Washington Park and the family-friendly Mills Canyon Park, offer ample recreational opportunities and green spaces for outdoor activities. Burlingame is also known for its excellent schools and family-friendly environment, which contribute to its appeal for families and professionals alike. The city is conveniently located near San Francisco International Airport (SFO), enhancing its accessibility. Additionally, with its blend of suburban charm and proximity to urban amenities, Burlingame serves as a desirable place to live, work, and play in the Bay Area.

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