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In 2018, the median rental rate in Silicon Valley was $2,911, the highest of any major metropolitan region in the United States. [3] At $3.20 per square foot, the San Jose metro area has the second highest rental rate per square foot in the United States, behind San Francisco at $3.42. [3]
In the California Bay Area affordable workforce housing has been targeted to retain teachers when it was discovered that high housing costs were a main reason for high turnover. One developer received a density bonus, i.e. the right to build more units than current zoning allowed, in exchange for providing units geared towards people making 80 ...
It was a planned neighborhood of high-rise apartment towers and low-rise garden apartments in southwestern San Francisco for middle-income tenants. Parkmerced contains 3,221 residences (after sale of five blocks to San Francisco State University (SFSU)) and over 9,000 residents, and is one of four remaining privately owned large-scale garden ...
Like counties however, the lowest-income places tended to be located in the Central Valley, and the highest-income places were concentrated in the San Francisco Bay Area. San Francisco is an extreme example of a place in California with both a large population (829,072) and high per capita income ($49,986).
San Francisco Bay Area. The San Francisco Bay Area, commonly known as the Bay Area, is a metropolitan region surrounding the San Francisco Bay estuaries in Northern California. According to the 2010 United States Census, the region has over 7.1 million inhabitants and approximately 6,900 square miles (18,000 km 2) of land. [1]
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