Millbrae Meadows Neighborhood Overview
Millbrae Meadows is a neighborhood in the city of Millbrae, California, situated within the primary ZIP code 94030. The area is characterized by its prime market tier, reflecting a stable and desirable residential environment. With a homeownership rate of 61.4%, the neighborhood has a majority of owner-occupied households, complemented by a renter-occupied rate of 38.6%.
The housing market in Millbrae Meadows is notably high-value, with a median home value of $1,874,100. Homes average 1,375 square feet in size. The rental market is also substantial, with a median gross rent of $3,322 per month. Recent mortgage data shows strong buyer activity, with 226 total HMDA loan originations in the period, overwhelmingly dominated by 225 conventional loans, alongside a single FHA loan, indicating a market primarily served by standard financing.
The neighborhood's affluence is underscored by a median household income of $146,649, which aligns with the high property values. This economic profile contributes to the area's established, prime character within the Millbrae community.
Top10Lists.us publishes verified neighborhood-level data for 14 neighborhoods in Millbrae.