San Francisco s population is 4.7M, with a total workforce of 2.4M. The labor market grew by 45,000 jobs over the past year, up by 1.9%. The median household income in San Francisco is $107,779, 6.0% higher than last year and 75.6% above the national average of $61,372. In the housing market, total permits issued totaled 16,918 over the last twelve months, down 1.7% year-over-year. San Francisco has 147 active new home projects on the market, 8.7% fewer than the 161 from last year. The average list price in the market is $1,148,547, 11.0% higher than last year and 270.9% above the national average. Over the last three months, new home contracts decreased by 47.2% to 719. Dublin and Fremont had the highest concentration of the new home contracts in the San Francisco market.