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December 2017 Newsletter

What You Do Not Know about San Francisco

Who We Are; Where We Come From; What We Believe;
How We Live; What We Do; Money Earned & Money Spent
Selected San Francisco Demographics – Illustrated
December 2017 Report

While waiting for final data on the feverish 2017 real estate market to arrive, we thought to step back from homes and, instead, look at the people who live in them. There is no city and metropolitan area quite like San Francisco and the Bay Area, and here are some of the details. Compiled solely for your entertainment and, perhaps, mild edification.
Depending on data source, these analyses pertain to either San Francisco alone, or to a multi-county San Francisco Metro Area, as delineated on each chart.

Dozens of updated real estate analyses can still be found here: Paragon Market Reports

Ethnicity, Race, Ancestry & Language

Religious and Spiritual Practices & Beliefs

A Selection of Miscellaneous Data Points

Education, and Income by Education & Sex

Employment, Wages & Commuting

The Bureau of Labor statistics analyzes average annual wages for over 700 local
occupations in the SF metro area. Below is a sampling of approximately 50 of them.

Spending Money

Voting

A Selection of Miscellaneous Percentages

The Ages of San Francisco

Selected Statistics by San Francisco ZIP CODE

Income, Age, Education, Foreign Birth & Homeownership

Looking at this first chart below, you may wonder why neighborhoods like Pacific Heights and Russian Hill do not show up at the top of the income table, and why South Beach and the Presidio do. First of all, the zip codes for both Pacific Heights and Russian Hill include other, much less affluent neighborhoods: For example, the zip code for Russian Hill runs all the way into the Tenderloin, and that for Pacific Heights includes most of the Western Addition. Both zip codes also include many renters under long-term rent control. Both these situations skew their median household income figures lower.
On the other hand, the South Beach area is a recently built neighborhood, not long ago filled with parking lots and small commercial enterprises, but now filled with luxury condo buildings. The condos are quite expensive and since all the buildings have been built since 1990, there is no rent control, which means its renters generally pay high market rents. Whether owner or renter, one has to be earning a very substantial income to live there. The Presidio, and we are talking about the park (which contains rental housing), is under federal jurisdiction, so it too is exempt from rent control, and, of course, since it is right next to Pacific and Presidio Heights, its market rents are also quite high, which likewise affects income requirements accordingly.

Unsurprisingly, degree of education correlates strongly with household income figures.

How Americans Spend the Hours of Their Days

Unhappy Statistics about Crime

All our reports and articles can be found here: Paragon Market Reports

San Francisco Real Estate Market Report

Bay Area County Markets & Demographics

SF Neighborhood Home Price Tables

SF Luxury House Market Update

SF Luxury Condo Market Update

Bay Area Apartment Building Market Report

The data herein is from a wide variety of third party sources deemed reliable – much of it from national, state and local government data sources – but it may contain errors, and is subject to revision. When the term San Francisco Metro Area is used, it signifies that the data includes various nearby counties outside the city, however different organizations vary in which counties they include in that description. If different sources disagreed, we chose the data we thought most reasonable. Different analyses often pertain to somewhat different time periods. All data should be considered approximate or good-faith estimates.

© 2017 Paragon Real Estate Group

No one knows San Francisco real estate better than Paragon.

Paragon Real Estate Group

www.paragon-re.com/

Jeff Salgado
Lic# 01501886
350 Rhode Island Street
San Francisco, CA 94103
Direct 415.915.9916

jsalgado(at)paragon-re(dotted)com
https://jeffsalgado.com/

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