San Francisco County Real Estate and Livability Trends
San Francisco County's average taxable income per tax return nearly doubled from $115,213.79 in 2013 to $256,506.00 in 2021, attracting high-net-worth individuals and investors. Concurrently, real estate taxes soared from $7,554.72 in 2012 to $15,629.51 in 2021, reflecting an increasing tax burden that may shape investment strategies. The median home value reached an impressive $1,348,700 in... Read more
San Francisco County Market Trends
San Francisco County has experienced a consistent rise in median home values over the last eight years, hitting an impressive $1,348,700 in 2022, which notably surpasses California's median of $659,300 and the national median of $179,400. Interestingly, the area has seen a growing trend in residential energy tax credits, peaking at $5006.03 in 2018, reflecting an increased investment in... Read more
Median Value of Occupied Housing Units in San Francisco County, California Over the Last 8 Years
San Francisco County has seen a consistent increase in median home values over the last eight years, reaching $1,348,700 in 2022. This upward trend significantly outpaces the state of California, which climbed to $659,300 during the same period, and the national median, which capped at $179,400. For potential investors, this suggests a robust appreciation in property values, making San Francisco an appealing, albeit competitive, market. Residents and planners might consider the implications of this steady growth on affordability and development within the county.
Residential Energy Tax Credit Per Tax Return in San Francisco County, CA Over the Last 9 Years
San Francisco County has seen a notable increase in residential energy tax credits per tax return over the last nine years, with standout years like 2018 peaking at $5006.03 and a significant initial jump from $1003.21 in 2013 to $1719.29 in 2014. This trend highlights growing investments in energy-efficient home improvements. The data suggests a steady appreciating value in eco-friendly property enhancements within the region, making it an attractive consideration for potential homeowners and investors interested in sustainable living initiatives.
Average Real Estate Taxes Per Tax Return in San Francisco County, CA Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in San Francisco County, California have generally been on an upward trend, almost doubling from $7,554.72 in 2012 to $15,629.51 in 2021. Despite occasional fluctuations, such as a decline in 2018, the overall pattern suggests rising property tax burdens. This trend may affect investment decisions, property development, and housing affordability in the area.
Percentage of Farm Returns in San Francisco County, CA Over the Last 10 Years
San Francisco County, California has seen a subtle yet noticeable decline in the percentage of farm returns over the last decade, starting at approximately 0.108% in 2012 and dropping to nearly 0.0996% by 2021. Farm tax returns here serve as a barometer for agricultural activity and economic investment in farming. These figures suggest that while agriculture isn't a dominant industry in San Francisco County, the small shifts in percentages may hint at broader trends such as urbanization, changing land use, or economic factors influencing the farming community. Investors and potential residents should weigh these indicators when considering agricultural ventures or rural development projects in the area.
Number of Mortgages by Occupancy Type in San Francisco County, CA Over the Last 5 Years in San Francisco County
In San Francisco County, California, the number of mortgages for principal residences has consistently been the highest over the past five years, with a noticeable peak in 2021. Investment properties saw a significant rise in 2021 but have generally remained steady, while second residences have consistently had the lowest mortgage counts. These changes in occupancy types can influence various stakeholders; for investors, the spike in investment property mortgages in 2021 might signal shifting market dynamics. Real estate agents and property developers could find this data critical for understanding housing demands and targeting the right audience. Appraisers and insurance agents may also note fluctuating vacancy risks and property values, impacting their assessments and policy rates.
Economic Outlook
San Francisco County's average taxable income per tax return soared from $115,213.79 in 2013 to a remarkable $256,506.00 in 2021, reflecting robust economic growth and positioning the area as attractive for high-net-worth individuals and investors. Concurrently, average state and local income taxes per tax return surged from $23,843.02 in 2012 to $97,490.22 in 2021, highlighting a corresponding rise in financial commitments for residents. The nearly tripling of total tax liability per tax... Read more
Average Taxable Income per Tax Return in San Francisco County, CA over the last 9 years
San Francisco County has seen a significant rise in the average taxable income per tax return, jumping from $115,213.79 in 2013 to a noteworthy $256,506.00 in 2021. This robust increase indicates a strong economic growth and affluence in the area, making it an attractive location for high-net-worth individuals and potential investors. Despite occasional dips, such as in 2016 and 2019, the overall upward trend reveals a resilient and prosperous economic environment, ideal for business ventures and luxury real estate development.
Average State and Local Income Taxes Per Tax Return in San Francisco County, CA Over the Last 10 Years
Over the past decade, San Francisco County has seen a continuous and sharp increase in average state and local income taxes per tax return, rising from $23,843.02 in 2012 to a staggering $97,490.22 in 2021. This upward trajectory, especially notable after 2017, reflects the county's rising income levels but also signals growing financial commitments for residents. The dramatic surges in 2018 and subsequent years indicate significant economic changes that potential movers should factor into their financial planning.
Average Total Tax Liability Per Tax Return in San Francisco County, CA Over the Last 10 Years
San Francisco County has seen a sharp increase in total tax liability per tax return over the past decade, almost tripling from $25,716.48 in 2012 to $68,708.76 in 2021. This surge, particularly pronounced from 2018 onward, can highlight the area's growing wealth and rising income levels. Significant year-over-year jumps, like the 18.07% rise from 2019 to 2020, suggest robust economic activity and potentially booming real estate and tech sectors. For prospective investors, developers, or residents, this trend underscores San Francisco as a thriving economic hub, albeit with a correspondingly higher cost of living.
Cost of Living in San Francisco County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $3,612 | $2,067 | $2,309 | $3,338 | $3,745 |
1 adult 4 children | $3,612 | $1,688 | $1,782 | $3,338 | $3,884 |
2 adults 3 children | $3,612 | $1,689 | $1,995 | $3,338 | $3,388 |
1 adult 3 children | $3,612 | $1,379 | $1,468 | $3,338 | $3,489 |
2 adults 2 children | $2,944 | $1,382 | $1,681 | $2,983 | $2,682 |
1 adult 2 children | $2,944 | $1,033 | $1,154 | $2,983 | $2,695 |
2 adults 1 child | $2,944 | $1,092 | $1,367 | $1,827 | $2,062 |
1 adult 1 child | $2,944 | $706 | $840 | $1,827 | $2,102 |
2 adults | $2,461 | $878 | $1,053 | $0 | $1,150 |
1 adult | $1,991 | $479 | $526 | $0 | $1,051 |
Safety trends & Data
San Francisco County, California has experienced fluctuating property crime trends over the past five years, with arson peaking at 49 incidents in 2020 and burglary most prevalent in 2018 but dipping unusually in 2021. Larceny-theft dropped significantly in 2020, partially rebounding in 2022, while motor vehicle theft has trended upward, especially in 2020. Noticeably high levels of burglary and vandalism could impact property values and insurance for those in the real estate... Read more
Property Crime Trends in San Francisco County, CA Over the Last 5 Years
San Francisco County, California has seen fluctuating trends in property crime over the past five years, with noticeable spikes and drops across different categories. Arson incidents have seen an incremental rise, peaking at 49 in 2020. Burglary was most prevalent in 2018, but there was an unusual dip in reported cases in 2021. Larceny-theft saw a significant drop in 2020 compared to the prior years, but it partially rebounded in 2022. Motor vehicle theft has shown an upward trend, particularly in 2020. Cases of vandalism remain relatively high throughout. Those interested in real estate should particularly note the varied but generally high levels of burglary and vandalism, which may impact property values and insurance considerations.
Demographics
San Francisco County's adult population skews slightly towards males, with a notable gender gap. Higher education levels are prevalent, with a high percentage having attained a Bachelor's or graduate degree, hinting at a well-educated workforce. The age distribution trends younger, particularly within the 25 to 34 age bracket, likely fueled by career opportunities in tech and related sectors. The city's racial diversity is pronounced, with significant Asian and White populations, while other... Read more
Race Distribution in San Francisco County, California (2022)
Educational Attainment in San Francisco County, California (2022)
Age Distribution in San Francisco County, California
Citizen Population in San Francisco County, California (2022)
Political Trends & Data
San Francisco County's 2020 Presidential Election results showed a strong Democratic preference, with about 85% of votes. Republicans received nearly 13%, while Libertarians, Greens, and others each secured around 1% or less. This could indicate a largely Democratic voter base, possibly shaping future policy decisions at both local and national levels in... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
San Francisco County's 2020 U.S. Presidential Election results indicate a significant leaning towards the Democratic Party, with approximately 85% of the vote. The Republican Party garnered nearly 13%, while the remaining votes were split among Libertarians, Greens, and other parties, each earning around 1% or less. This trend suggests a predominantly Democratic voter base, potentially influencing future local and national policy considerations in this region of California.
12.72% of voters voted for the Republican party in the 2020 Presidential Election
85.26% of voters voted for the Democrat party in the 2020 Presidential Election
0.74% of voters voted for the Livertarian party in the 2020 Presidential Election
0.63% of voters voted for the Green party in the 2020 Presidential Election
0.65% of voters voted for the Other party in the 2020 Presidential Election
School Data
San Francisco County's student-to-teacher ratio, which peaked at 24 students per teacher in 2019 and decreased to around 20 in 2023, still surpasses the national average of 14 students per teacher. This might indicate challenges in delivering personalized student attention, influencing families' decisions and affecting perceptions of school quality. Real estate investors and agents could find this information valuable when assessing neighborhood appeal for potential... Read more
Student-to-teacher ratio in San Francisco County, California over the last 9 years
San Francisco County has seen its student-to-teacher ratio fluctuate over the past 9 years, peaking at 24 students per teacher in 2019 before decreasing to around 20 in 2023. Despite the recent drop, the county's ratio remains above the current U.S. national average of 14 students per teacher. This persistent trend may signal potential challenges in providing personalized attention to students, which could be a consideration for families moving to the area or for education professionals assessing school quality. Investors and real estate agents might also find these metrics useful when evaluating the appeal of neighborhoods for potential buyers.