Quick facts: South san francisco, CA

Quick Facts

150.5
Cost of Living
above US average
63,484
Population
26.1
Crime Rate per 1000
above US average
$127,062
Median Income
above US average
$1,075,000
Median House Price
above US average
$4126.6
Average Rent
above US average
8%
Poverty Rate
below 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 $127,062.

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Income Needed to Buy

βœ— Stretch
$337k/year
Based on $1,075,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $337k vs median $127,062
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Income Needed to Rent

⚠ Stretch
$177k/year
Based on $4126.6/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $177k vs median $127,062
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for South san francisco, CA

South San Francisco, located in San Mateo County, California, is a dynamic city known for its strong industrial base and proximity to major cities like San Francisco and Daly City. Spanning approximately 30 square miles, it is often referred to as "The Industrial City" due to its significant role in biotechnology and business. Geographically, South San Francisco is situated on the San Francisco Peninsula, bordered by the San Francisco Bay to the east and hills to the west, providing stunning views and outdoor recreational opportunities. The city's transportation network is robust, featuring easy access to major highways, the San Francisco International Airport, and public transit options like BART. South San Francisco has a diverse population and a vibrant community atmosphere, with numerous parks, shopping centers, and cultural events. The city is home to a mix of residential, commercial, and industrial areas, offering various amenities and job opportunities. Families are drawn to the city for its excellent schools and safe neighborhoods, making it an appealing place to live and work in the Bay Area.

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