How much is a home worth in ZIP code 94401?

The typical home in 94401 is worth $1,223,226, based on the Zillow Home Value Index.

Are home values rising in 94401?

Home values in 94401 are up 0.6% over the past year, and up 1.2% a year over five years.

What is the typical rent in 94401?

A typical home in 94401 rents for about $3,238 a month, a gross rental yield of 3.2%.

What is the property tax rate in 94401?

The effective property tax rate in 94401 is 0.7% — roughly $8,810 a year on a typical home.

ZIP code 94401 has a population of 35,295 and a median household income of $122,227.

HousingHandbookReference data

…

U.S. ZIP Code · CA94401

San Mateo County · San Francisco-Oakland-Fremont, CA

Typical home value

$1,223,226^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.6%
5-year / yr: +1.2%
10-year / yr: +3.9%

Relative price

vs U.S.: +330.6%
vs metro: -2.2%
vs state: +74.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 94401 is worth $1,223,226 — 2.2% below the San Francisco-Oakland-Fremont, CA median. Over the past year, values have risen 0.6%. Homes here rent for a typical $3,238 a month — a 3.2% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $3,238^[2]
Gross yield: 3.2%^[2]
Cap rate: 1.9%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $8,810^[3]

#Climate risk

FEMA National Risk Index ratings for San Mateo County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively High
Wildfire: Relatively Moderate
Drought: Relatively High
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: Very Low

#Who lives here

Population: 35,295^[3]
Median household income: $122,227^[3]

#Migration

Household moves in and out of San Mateo County over a year, from IRS tax-return data.

Net migration: -2,970^[5]
Moved in: 21,545
Moved out: 24,515

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 4
Elementary: 3
Middle: 0
High: 1

San Mateo High
High · Grades 9–12 · San Mateo Union High
1,578 students
College Park Elementary
Elementary · Grades K–5 · San Mateo-Foster City
407 students
LEAD Elementary
Elementary · Grades K–5 · San Mateo-Foster City
349 students
North Shoreview Montessori
Elementary · Grades K–8 · San Mateo-Foster City
293 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.2%

Net yield (after ~40% expenses)1.9%

Annual rent$38,861

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$6,185

Loan principal$978,580

Down payment$244,645

Total interest paid$1,248,125

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.45

Monthly cost to own$7,939

Monthly rent$3,238

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 50th percentile^[1]
Rental yield: 49th percentile^[2]
Property tax: 45th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 94401?: The typical home in 94401 is worth $1,223,226, based on the Zillow Home Value Index.
Are home values rising in 94401?: Home values in 94401 are up 0.6% over the past year, and up 1.2% a year over five years.
What is the typical rent in 94401?: A typical home in 94401 rents for about $3,238 a month, a gross rental yield of 3.2%.
What is the property tax rate in 94401?: The effective property tax rate in 94401 is 0.7% — roughly $8,810 a year on a typical home.
Who lives in 94401?: ZIP code 94401 has a population of 35,295 and a median household income of $122,227.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

94080 vs 94401 →
South San Francisco, CA
Typical home
$1,235,840
Gross yield
3.8%
94610 vs 94401 →
Oakland, CA
Typical home
$1,206,898
Gross yield
2.3%
94949
Novato, CA
Typical home
$1,247,695
Gross yield
3.1%
94930
Fairfax, CA
Typical home
$1,248,485
Gross yield
—
94550
Livermore, CA
Typical home
$1,250,692
Gross yield
2.7%
94060
Pescadero CDP, CA
Typical home
$1,195,651
Gross yield
—

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#Jump to section

U.S. ZIP Code · CA94401

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