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Colma

Learn about the people, housing, costs and businesses in Colma, California

Median Home$352,747
Median Rent$2,073/month
Population1,477
Leading IndustriesPublic Administration · Healthcare · Arts, Food & Hospitality32% public administration
Home Value Growth+0.8% over 2 years
Young Adults26% of residents
Homeowners66% of occupied units
NotableTransit93/100 · excellent transit access
NotableHigh Incomes$121k/year · top 8% nationally
Colma
CA

Frequently Asked Questions

What are today's mortgage rates in Colma?

As of today, the 30-year fixed mortgage rate for Colma is approximately 6.823% (6.856% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Colma?

The median home value in Colma is $353k. The median monthly rent is $2,073. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Colma?

Home values in Colma have increased 0.8% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Colma?

Based on a typical all-in ownership cost of $2,000/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $86k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Colma is $121k/year.

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What industries drive the economy in Colma?

The largest employment sectors in Colma are public administration (32%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.