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Daly City is the largest city in San Mateo County, home to over 102,000 residents. Often referred to as the "Gateway to the Peninsula," it stretches from the Pacific Ocean to just shy of the Bay and sits directly south of San Francisco, just eight miles from downtown and minutes from SFO. Thanks to its location and diverse economy, Daly City continues to grow as a hub for healthcare, retail, small business, and commuting professionals.
In 2023, Daly City had a labor force of nearly 52,000 people, many of whom work in nearby San Francisco or South San Francisco. The median household income was estimated at over $90,000, and the per capita income in 2022 was $48,219, placing it comfortably in the upper-middle-income bracket. A considerable 12.8% of the workforce works from home, which reflects the city’s growing base of remote professionals, creatives, and self-employed entrepreneurs.
Daly City is also one of the most diverse cities in the state, with Asian (50%+), White, Hispanic or Latino ( 21.5%) ethnicities. Over 50% of residents were born outside the U.S., and Daly City is home to vibrant Filipino, Chinese, and Latino communities. Tagalog, English, and Chinese are among the most commonly spoken languages.
With 38% of adults holding a bachelor’s or advanced degree, Daly City is also highly educated and upwardly mobile. The city’s appeal goes beyond convenience. It's a place where working professionals, families, and students alike can find community, culture, and opportunity.
Westlake Shopping Center
One of the first malls in the country, now home to major retailers, local boutiques, and casual dining
Cow Palace Arena & Event Center
A historic venue for concerts, shows, and cultural events
Thornton Beach State Park
Perfect for hikes, ocean views, and a peaceful escape from city noise
Pacifica Beaches
Just a quick drive away, perfect for surfing, sunset walks, or weekend relaxation
Mission Street Corridor
Packed with authentic eateries, family-owned markets, and international cuisines
Local Golf & Recreation
Daly City has easy access to nearby golf courses and recreation centers
BART Access
Direct connections to San Francisco, SFO, and other parts of the Bay make exploring easy for residents and visitors alike
Daly City is served by several ZIP codes that cover its varied neighborhoods and residential areas:
Daly City serves as the “gateway to the Peninsula,” offering investors a strong blend of stability and demand. Home values are among the highest in California and the nation, with a competitive rental market driven by proximity to both urban jobs and coastal recreation. While property prices are high, the city's housing mix includes everything from historic homes to modern apartments, providing opportunities for landlords with a range of investment goals.
The market is remarkably competitive, with Redfin giving it a score of 93/100; homes average around $1.25 million and typically sell 13.6% higher than a year ago. With high turnover and strong appreciation trends, Daly City is a standout choice for long-term investors.
Daly City home values have shown steady year-over-year growth. Zillow reports the average property value at $1,144,080, a +2.4% increase for the year. Redfin notes median listing prices are now $1.25 million, up 13.6% since last year. With a highly competitive market score and fast turnover, Daly City continues to deliver reliable equity gains for investors.
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