Interested in purchasing investment houses in the 94116 zip code in San Francisco, CA?
The zip code 94116 is in San Francisco county with a latitude of -122.486190000000 and longitude of 37.744590000000, is in the state of California. The average asking price of houses and condos is $840,947.00 and the average sale price was $714,970.00. this regions is classified as the San Francisco - Oakland - San Jose metro area and consists of the following area codes: 415 and 628. The location in degrees is 37° 44' 40.524" N, 122° 29' 10.284" W. The county F.I.P.S. is 06075. The total land area is 2.6 square miles and the water area is 0.0 square miles. The elevation in this area is 335 - 335 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 94116 is in county number 075 and is L. Sector 00, L. Segment 01, H. Sector 08, and H. Segment 08. The population was 47,862 in 2019 and 43,698 in 2010. This further breaks down to 23,180 males (48.4%) and 24,682 females (51.6%). The median age of residents is 44.9 years. The population of the greater San Francisco-Oakland-Fremont, CA area is 4,394,426. The population density (people per square mile) is 18,511. This zip code has a combined total of 17,207 houses and condos. There are 5,003 rented appartments. 30% of residents rent versus the 30% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $81,793 and the average salary is $70,886. The median household income of individuals is $83,224.00 and the average is $116,580.00. This zip code has a mean commute time to work of 38.3 minutes. The unemployment rate is 4.1%. Income earners by percent breakdown as 26.90% (Under $50,000), 33.30% ($50,000-$100,000), and 39.80% earn over $100,000. 5.2% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 161.1. The educational breakdown is 90.4% have a high school education or higher, 56.6% have a bachelor's degree or higher, and 19.5% have some kind of profesional degree.
This area has 15,445 households and the average size is 2.9 people. Individuals who are single and have never been married are 35.4%, 50.2% are now married, 0.5% are separated, 6.8% are widowed, and 7.2% are divorced. The average yearly contribution amount given by people to charity was $3,555 versus the state average of $4,659. The percent of residents who gave to charity was 30.3%.
The estimated median value of houses and condos is $1,194,317. The median monthly owner costs of mortgage holders was $3,550, where as the costs for those who don't have a mortgage are $583. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $5,966. In comparision, the average real estate tax percent rate in the state is 0.7% which equated to an average real estate tax amount payment in the state of $4,142. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $8,513. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.3% which amounted to an average tax amount of $3,681. Reported taxable interest for persons was $1,694, dividends $5,191, capital gains +$11,977, and itemized deductions $34,001. The average earned income tax credit is $1,541. The percent of individuals that use a tax preparer is 53.0%. The total average income taxes paid by individuals was $16,661. Businesses reported an average profit of $23,475.
Gold Mirror
800 Taraval St, San Francisco, CA 94116
Tia Margarita Mexican Restaurant
300 19th Ave, San Francisco, CA 94121 (2.4 miles away)
Mandalay
4348 California St, San Francisco, CA 94118 (2.9 miles away)
Geneva Steak
5130 Mission St, San Francisco, CA 94112 (3 miles away)
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