Quick facts: Daly city, CA

Quick Facts

150.3
Cost of Living
above US average
100,007
Population
21.12
Crime Rate per 1000
below US average
$114,910
Median Income
above US average
$1,098,000
Median House Price
above US average
$3496.25
Average Rent
above US average
9%
Poverty Rate
below US average
3.5%
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 $114,910.

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Income Needed to Buy

βœ— Stretch
$344k/year
Based on $1,098,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $344k vs median $114,910
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Income Needed to Rent

⚠ Stretch
$150k/year
Based on $3496.25/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $150k vs median $114,910
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Daly city, CA

Daly City is a vibrant city located in San Mateo County, California, just south of San Francisco. Known for its diverse community and picturesque views, it sits on the western slopes of the San Bruno Mountains, offering a unique blend of urban and suburban living. The city is easily accessible via major highways and public transportation, including BART, making it a convenient choice for commuters. Daly City boasts several parks, including the popular Thornton Beach State Park and the expansive Daly City Park, which offer recreational opportunities such as hiking, picnicking, and scenic ocean views. The city is culturally rich, with a variety of restaurants featuring cuisine from around the world, reflecting its diverse population. Home to the Serramonte Center, a major shopping destination, Daly City also offers numerous local businesses, contributing to its vibrant economy. The city's educational institutions include quality public schools, as well as access to nearby colleges. Daly City is known for its cool maritime climate, characterized by fog and mild temperatures, making it a pleasant place to live year-round. Whether you are seeking outdoor activities, cultural experiences, or community events, Daly City has something to offer everyone.

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