San Francisco s population is 4.7M, with a total workforce of 2.4M. The labor market grew by 57,700 jobs over the past year, up by 2.4%. The median household income in San Francisco is $106,185, 4.4% higher than last year and 73.0% above the national average of $61,372. In the housing market, total permits issued totaled 16,965 over the last twelve months, down 2.0% year-over-year. San Francisco has 146 active new home projects on the market, 7.0% fewer than the 157 from last year. The average list price in the market is $1,156,063, 8.6% higher than last year and 281.9% above the national average. Over the last three months, new home contracts decreased by 51.7% to 834. Dublin and Newark had the highest concentration of the new home contracts in the San Francisco market.
