Living in San Mateo, California

Cost of living, income, home prices, rent and demographics of San Mateo · Census data 2020–2024

San Mateo has 103,105 residents with a median age of 38.3. The median household income is $153,504 (55% higher than the California median), the median home value is $1,618,700, the median rent is $3,077/month.

San Mateo at a glance

Population
103,105
Median age
38.3State: 37.9
Median household income
$153,504State: $99,122
Median home value
$1,618,700State: $734,700
Median rent
$3,077/moState: $2,036
Homeowners
49.9%
Bachelor's degree or higher
57.8%
Average commute
26 min

Is San Mateo a good place to live?

Pros: Median household income 55% higher than the California median; an average commute of 26 minutes; unemployment of 4.6%; a poverty rate of 8.2%.

Cons: Home values 120% higher than the state median.

The weather is best in June to September.

Cost of living in San Mateo

Housing is the biggest part of the cost of living. In San Mateo the median home value is $1,618,700, 387% higher than the U.S. median. Renters pay a median of $3,077 per month, which is 28.4% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

San Mateo$1,618,700
California$734,700
United States$332,700

Median monthly rent

San Mateo$3,077
California$2,036
United States$1,413

San Mateo median household income

The median household income in San Mateo is $153,504 and the income per person is $84,247. 8.2% of residents live below the poverty line (California: 12%).

Median household income

San Mateo$153,504
California$99,122
United States$80,734

Housing in San Mateo: homes for sale and rent

Housing units
42,641
Owner-occupied
49.9%
Renter-occupied
50.1%
Vacant
6.4%Includes seasonal homes
Median year built
1965
Average household size
2.54

San Mateo demographics

Population
103,105
Median age
38.3
Under 18
19.6%
65 and older
17%
Households
39,895
Foreign-born
36.2%
Veterans
2.7%Adults 18+

Race and ethnicity

White37.9%
Hispanic or Latino27.6%
Black1.4%
Asian28.3%

Hispanic or Latino can be of any race. Population history of San Mateo ›

Education in San Mateo

57.8% of adults 25 and older in San Mateo have a bachelor's degree or higher (California: 37.1%), and 26.5% have a graduate or professional degree.

Bachelor's degree or higher

San Mateo57.8%
California37.1%
United States35.7%

Jobs and commute in San Mateo

Unemployment rate
4.6%State: 6.6%
Average commute
26 minState: 29 min
Work from home
24.8%
Drive alone
57.7%
Public transit
4.9%
Walk to work
2.7%
Homes with broadband
95.6%

San Mateo vs nearby towns

TownPopulationMedian incomeHome valueRent
San Mateo103,105$153,504$1,618,700$3,077
Hillsborough11,099$250,001$2,000,001$3,501
Baywood Park1,580$217,206$2,000,001$3,501
Belmont27,337$205,297$2,000,001$2,875
Foster City32,792$199,143$1,838,200$3,501
Highlands2,450$250,001$2,000,001$3,501
Burlingame30,525$174,000$2,000,001$2,785
San Carlos29,614$237,470$2,000,001$2,854
Millbrae22,689$163,476$1,934,900$3,272

More for people moving to San Mateo

San Mateo ZIP code ›Weather and climate ›

Living in San Mateo: FAQ

What is the median household income in San Mateo, CA?

The median household income in San Mateo is $153,504, 55% higher than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in San Mateo?

The median home value in San Mateo is $1,618,700, compared with $734,700 in California.

How much is rent in San Mateo?

The median gross rent in San Mateo is $3,077 per month, about 28.4% of household income.

Is San Mateo, CA a good place to live?

Pluses: median household income 55% higher than the California median; an average commute of 26 minutes; unemployment of 4.6%; a poverty rate of 8.2%. Minuses: home values 120% higher than the state median.

What is the median age in San Mateo?

The median age in San Mateo is 38.3 years (California: 37.9).

How long is the commute in San Mateo?

The average commute to work in San Mateo is 26 minutes; 24.8% of workers work from home.

What is the unemployment rate in San Mateo?

The unemployment rate in San Mateo is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is San Mateo?

57.8% of adults in San Mateo have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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