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San Mateo County Housing Market

California · 58 counties · Ranked #3138 in home value

Above National Avg

Housing at a Glance

Median Home Value

$1,494,500

vs national+$1,494,500 vs $281,900 national

Median Gross Rent

$2,893/mo

vs national+$2,893 vs $1,163 national

Effective Tax Rate

0.61%

vs national0.61% vs 1.02% national

Median Household Income

$156,000

vs national+$156,000 vs $74,755 national

Affordability Ratio

9.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$9,167

Tax as % of Home Value

0.61%

Monthly Owner Cost

$3,278

Renter Income

$116,001

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in San Mateo County?

The median home value in San Mateo County is $1,494,500. This is above the national median of $281,900.

How much is rent in San Mateo County?

The median gross rent in San Mateo County is $2,893 per month.

What is the property tax rate in San Mateo County?

The effective property tax rate in San Mateo County is 0.61%. The median annual property tax bill is $9,167.

Is San Mateo County affordable?

With a home-value-to-income ratio of 9.6x, San Mateo County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.