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San Mateo-Foster

Learn about the people, housing, costs and businesses in San Mateo-Foster, California

Median Home$1,603,999
Median Rent$3,219/month
Population136,595
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services25% healthcare
Home Value Growth-3.9% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners51% of occupied units
NotableHighly Educated30% bachelor's · 20% graduate · top 4% nationally
NotableHigh Incomes$178k/year · top 5% nationally
San Mateo-Foster City
CA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in San Mateo-Foster?

As of today, the 30-year fixed mortgage rate for San Mateo-Foster is approximately 7.023% (7.056% 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 Mateo-Foster?

The median home value in San Mateo-Foster is $1.6M. The median monthly rent is $3,219. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in San Mateo-Foster?

Home values in San Mateo-Foster have decreased 3.9% over the past two years. Buyers may find more negotiating room in this market. 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 Mateo-Foster?

Based on a typical all-in ownership cost of $3,420/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $147k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in San Mateo-Foster is $178k/year.

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What industries drive the economy in San Mateo-Foster?

The largest employment sectors in San Mateo-Foster are healthcare (25%) and arts, food, and hospitality (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.