San Francisco s population is 4.7M, with a total workforce of 2.4M. The labor market grew by 65,800 jobs over the past year, up by 2.7%. The median household income in San Francisco is $106,260, 4.5% higher than last year and 68.2% above the national average of $63,179.
In the housing market, total permits issued totaled 14,652 over the last twelve months, down 13.4% year-over-year. San Francisco has 146 active new home projects on the market, 1.4% fewer than the 148 from last year. The average list price in the market is $1,022,932, 7.7% lower than last year and 211.5% above the national average. Over the last three months, new home contracts decreased by 8.3% to 926. San Francisco and Brentwood had the highest concentration of the new home contracts in the San Francisco market.