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Located in the Peninsula of the San Francisco Bay Area, San Mateo is a breathtaking city with a pleasant climate, diverse population, strong economy, and high quality of life. The city’s history goes back centuries when the Ohlone Indians inhabited the area for 4 millennia. Today, San Mateo is a haven for residents and families looking for a peaceful yet vibrant enclave to call home. If you are considering moving to the San Francisco Bay area, here is what it is like living in San Mateo.
Community and Local Lifestyle
San Mateo is home to 105,661 people. The community is highly diverse, with a great mix of ethnicities and cultures to inform the area’s character. San Mateo is also a vibrant economy and many of the residents are successful and affluent, with a median household income of $129,957. This is 1.5 times the median income in California of $84,907.
Real Estate
Like its residents, the San Mateo real estate is affluent with primarily family homes and large estates. Many of the properties come at a premium, and the average price of San Mateo Homes for Sale is $1.35 million. This is over three times the national average of $420,846 and 7 percent lower than last year. If you prefer to rent, the average rent is $3,447.
Naturally, however, home prices vary from one neighborhood to the next. The priciest neighborhoods are Westwood Knolls, The Village, and Lauriedale, where the average rent is $3,531. Meanwhile, the most affordable neighborhoods are Foothill Terrace, Baywood, and Aragon, with an average rent price of $2,971.
Cost of Living
The cost of living in San Mateo is also high, at 150.6 percent above the national average. The Economic Policy Institute estimates that a family of four would need an annual income of $172,888 ($14,407 a month) to live comfortably in San Mateo. This high cost of living is reflective of the high quality of life in the city and many families report being happy with the lifestyle.
Things to Do in San Mateo
There are plenty of things to do in San Mateo, whatever your interests. Top restaurants in the city include The Fish Market, the upscale steakhouse Porterhouse, and Foreigner. The San Mateo County History Museum, Safari Run, and Ryptic Room Escape offer things to do on the weekend, and the Coyote Point Recreation Area, with its picnic areas, trails, and playground, is excellent for families.
Transportation
San Mateo is located at the heart of the San Francisco Bay Area. Consequently, it is served by several major roads and freeways, including State Route 92, Interstate 280, and US Route 101, which make it highly accessible. There are several public transportation systems, including the Caltrain and SamTrans bus systems. For international travel, the city is located six miles from San Francisco International Airport.
Explore San Mateo Homes for Sale with Carly Seiff
If you love accessibility, cultural diversity, safe neighborhoods, and a wide selection of homes, you will fit right in San Mateo. The cost of living is relatively high, but the city more than makes up for it with the modern amenities and high quality of life. Explore the city more by reaching out to local agent and realtor Carly Seiff to review San Mateo luxury homes for sale today.
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