San Francisco-Oakland-Berkeley, CA · California

San Francisco County

ZIP 94122

836,321 residents1,669 permits TTM$141,446 median HHI28 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$1,380,500

ACS 5-Year

Cap rate proxy

2.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

20.5%

HUD FMR ÷ ACS HHI

Net migration

+3.71%

IRS SOI

Permits (TTM)

1,669

Census BPS

Climate risk

99.5

FEMA NRI (0–100)

ZIP 94122

Median home value

Gross yield

Buy Box score

0.1

Section 8 gap

Affordability

P/I: 10.9R/I: 28.3%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown28 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
941301.0
941030.8
941020.8
941110.6
941040.6
941240.6
941070.5
941050.5
941340.3
941080.3
941090.3
941580.2
941120.2
941330.1
941320.1
941100.1
941150.1
941290.1
941170.1
941160.1
941270.1
941310.1
941220.1
941210.0
941140.0
941180.0
941230.0
94188

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Demographics

Owner-occupied

38.5%

Census ACS

Vacancy rate

11.9%

Census ACS

Bachelor's degree +

60.1%

Census ACS

Rent burdened

36.3%

Census ACS (>30% income)

Median age

39.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026