Daly City California Real Estate
Below is a MRR and PLR article in category Finance -> subcategory Real Estate.
Daly City, California Real Estate Overview
Daly City, nestled in San Mateo County just five miles southwest of San Francisco, offers a welcoming and affordable community for its 103,621 residents. Many locals commute to San Francisco for work, benefiting from Daly City's desirable balance of vibrant living and family-friendly amenities.
Diverse and Family-Friendly Community
Daly City is renowned for its diverse population, reflected in its wide array of restaurants and shops. The city provides numerous amenities, especially for families, including parks, libraries, and other community services.
Housing and Real Estate Profile
The city boasts a pool of 30,727 residential properties, including new homes, with a median construction year of 1962. Household sizes average 3.78 people, and the housing composition includes:
- 10% one-bedroom homes
- 27% two-bedroom homes
- 40% three-bedroom homes
- 17% four-bedroom homes
- 4% five-bedroom homes or larger
Regarding homeownership, 23% of homes are mortgage-free, while 77% have some mortgage arrangement, with 21% having additional financing like a second mortgage or HELOC.
Real Estate Taxes and Income
In 2000, the median real estate tax was $1,884, compared to a median family income of $68,365 in 1999. This contrasts with national figures, where taxes averaged $1,300 and median family income was $42,000.
Educational and Population Insights
Children under 18 make up 22.5% of the population, totaling 23,278 young residents. The city has a vibrant mix of household sizes, with diverse living arrangements from one-person to three-person households.
The median age in Daly City is 35.4, and seniors (65+) comprise 12% of the population. The city has a workforce of 49,640, with 77.98% commuting by car, and 17.84% using public transportation like buses and BART trains.
Crime and Safety Statistics (2003)
- Violent Crimes: 33.2 per 10,000 residents
- Robberies: 14.86 per 10,000 residents
- Aggravated Assaults: 16.02 per 10,000 residents
- Property Crimes: 209.61 per 10,000 residents
- Burglaries: 23.35 per 10,000 residents
- Larceny-Thefts: 143.79 per 10,000 residents
- Vehicle Thefts: 42.46 per 10,000 residents
Demographics and Diversity
Daly City is a melting pot of cultures, with key demographics including:
- 25.9% White
- 4.56% African American
- 50.69% Asian
- 22.27% Hispanic (of any race)
The median family income in 1999 was $68,365, with 7.01% of the population living below the poverty line.
Considerations for Prospective Homebuyers
When evaluating real estate in Daly City, potential buyers should appreciate its cultural diversity, strategic location near San Francisco, and supportive community atmosphere. The city is serviced by area codes 650 and zip codes 94014 and 94015.
You can find the original non-AI version of this article here: Daly City California Real Estate.
You can browse and read all the articles for free. If you want to use them and get PLR and MRR rights, you need to buy the pack. Learn more about this pack of over 100 000 MRR and PLR articles.