San Francisco s population is 4.7M, with a total workforce of 2.4M. The labor market grew by 62,800 jobs over the past year, up by 2.6%. The median household income in San Francisco is $105,536, 3.8% higher than last year and 67.0% above the national average of $63,179.
In the housing market, total permits issued totaled 14,576 over the last twelve months, down 13.0% year-over-year. San Francisco has 148 active new home projects on the market, 2.6% fewer than the 152 from last year. The average list price in the market is $1,156,665, 9.4% higher than last year and 286.3% above the national average. Over the last three months, new home contracts increased by 1.4% to 818. San Francisco and San Ramon had the highest concentration of the new home contracts in the San Francisco market.