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San Carlos

Learn about the people, housing, costs and businesses in San Carlos, California

Median Home$1,959,444
Median Rent$3,092/month
Population29,739
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services26% arts, food & hospitality
Home Value Growth⬆⬆⬆+31.3% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners68% of occupied units
NotableHigh Incomes$231k/year · top 1% nationally
NotableTransit88/100 · excellent transit access
San Carlos
CA

Frequently Asked Questions

What are today's mortgage rates in San Carlos?

As of today, the 30-year fixed mortgage rate for San Carlos is approximately 6.998% (7.030% 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 San Carlos?

The median home value in San Carlos is $2.0M. The median monthly rent is $3,092. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in San Carlos?

Home values in San Carlos have increased 31.3% over the past two years. This indicates a strong appreciation trend. 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 San Carlos?

Based on a typical all-in ownership cost of $3,702/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $159k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in San Carlos is $231k/year.

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What industries drive the economy in San Carlos?

The largest employment sectors in San Carlos are healthcare (28%) and arts, food, and hospitality (26%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.