Housing market/California/ZIP 94941

ACS 2023 · FY2027 SAFMR

ZIP 94941 Mill Valley, California

San Francisco, CA HUD Metro FMR Area · California. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
32,349
Households
12,534
Median HH income
$210,217
Renter share
33.4%
Median gross rent
$2,949
Vacancy
9.6%
Pop. change
+1.1%
2BR SAFMR
$4,110
SAFMR / rent
1.394×
2–49 unit stock
2,685
LIHTC proj / units
2 / 119
HUD assisted MF
4 / 150

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 94941 · CA — sent to you.

ZIP 94941 · CA

ACS median rent$2,949
2BR SAFMR$4,110
90% floor$3,699
110% ceiling$4,521

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 94941

  • 1-unit detached10,16873.4%
  • 1-unit attached7335.3%
  • 2–4 units1,0767.8%
  • 5–49 units1,60911.6%
  • 50+ units2742.0%
TypeUnitsShare
1-unit detached10,16873.4%
1-unit attached7335.3%
2 units (duplex)5934.3%
3–4 units4833.5%
5–9 units7605.5%
10–19 units5443.9%
20–49 units3052.2%
50+ units2742.0%
Mobile00.0%

2–4 unit share 7.8% · 5–49 unit share 11.6% · combined 2–49 19.4%.

Units by bedrooms

Studio
471
1BR
1,939
2BR
2,679
3BR
4,734
4BR
3,048
5+
989

Rent burden

Rent ≥30% of income38.2%
Rent ≥50% of income19.7%
  • ACS median gross rent $2,949 (all bedrooms, occupied rentals).
  • Median contract rent $2,810.
  • Renters paying ≥30% of income 38.2%; ≥50% 19.7%.
  • FY2027 2BR SAFMR $4,110 (1.394× ACS median gross rent).

Population

32,349 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 119 units.
  • HUD project-based assisted MF: 4 properties, 150 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 94941 33.4% of occupied households are renters; vacancy is 9.6%; ACS median gross rent is $2,949; population increased +1.1% between the 2018 and 2023 ACS vintages; the housing stock includes 1,076 units in 2–4-unit structures and 1,609 units in 5–49-unit structures; 2 LIHTC projects totaling 119 units; FY2027 2BR SAFMR is $4,110 versus ACS median gross rent of $2,949. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

California research

ZIP 94941 is a Census / HUD profile for San Francisco, CA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is California research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 94941?

ZIP 94941 (San Francisco, CA HUD Metro FMR Area) has 32,349 residents, 12,534 households, a renter share of 33.4%, median household income of $210,217, and ACS 2023 median gross rent of $2,949. Vacancy is 9.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 94941?

ACS counts 593 units in 2-unit buildings, 483 in 3–4 unit buildings, 760 in 5–9, 544 in 10–19, and 305 in 20–49. Combined 2–49 unit stock is 2,685 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 94941?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $4,110. See the full schedule and 90–110% payment-standard band on the ZIP 94941 — Mill Valley, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 94941 is Census / HUD research for San Francisco, CA HUD Metro FMR Area. Jeff Crowe CRE does not list California property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.