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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +40.0% YoY. inventory, −30.9% YoY, is the number to watch.
The median listing price is up 40.0% YoY while the median home got down 0.2% bigger, so value per square foot is up 12.5%.
U.S. Census ACS characteristics for ZIP 94401 itself, not its parent county.
Renters hold 56.6% of this ZIP's 13,026 occupied households, on a median household income of $122K.
| Measure | ZIP 94401 | San Mateo County | Difference |
|---|---|---|---|
| Median Household Income | $122K | $159K | -$37K |
| Below Poverty Level | 12.2% | 6.7% | +5.5% |
| Median Age | 35.90 | 40.90 | -5.00 |
| Total Population | 35,295 | 742,340 | -- |
| Avg Household Size | 2.64 | 2.76 | -0.12 |
| Owner-Occupied | 43.4% | 58.5% | -15.0% |
| Worked From Home | 20.8% | 24.3% | -3.5% |
| Mean Commute | 25.70 | 26.40 | -0.70 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.4% to 742,340: residents under 18 are down 2.0% and those 65 and over are up 2.6%.
County median household income is $159K, 6.7% of residents are below the poverty level, 24.3% work from home.