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Demographics
Population
Median Income
Racial Distributions
Foothill Terrace, a neighborhood in San Mateo, California, exhibits a White Majority demographic composition, with 54% of the population identifying as white in 2022. The area has a median income of $159,395 in 2022, which is above national averages. Foothill Terrace is known for its views of the San Francisco Bay and proximity to tech industry hubs.
Over the past decade, Foothill Terrace has transitioned from Low Diversity to Moderate Diversity. In 2013, the neighborhood had a White Majority of 66%. By 2022, this percentage decreased to 54%, approaching a potential shift to a Racial Plurality situation. The Asian population has remained stable at 25-27% throughout the decade. The Hispanic population increased from 5% in 2013 to 11% in 2022, and a small Black population (2% in 2022) emerged where previously there was none recorded. The percentage of residents identifying as two or more races increased from 3% to 7%.
As the community has become more diverse, there has been a decline in median income. The peak median income was $197,533 in 2014, while in 2022 it was $159,395, representing a decrease of about 19% over eight years. The median income remains high compared to national averages. The population has fluctuated, with a dip to 1,109 residents in 2021 before rebounding to 1,276 in 2022. This recovery in population coincides with the increase in diversity.
The trends in Foothill Terrace align with patterns seen in affluent suburban areas near major tech hubs. The San Francisco Bay Area has experienced demographic shifts due to the influx of diverse tech talent and the outmigration of some long-term residents due to rising costs of living.
The decrease in median income, while maintaining high levels, could indicate broader economic trends in the tech industry, including more distributed workforces and changing compensation structures post-pandemic. The neighborhood's ability to maintain high income levels while increasing in diversity is noteworthy and somewhat counters national trends where increasing diversity often correlates with more significant income changes.
The resilience of Foothill Terrace's economic status, combined with its increasing diversity, suggests a blend of established wealth and new, diverse residents. This evolution may be creating a more dynamic community culture while maintaining the area's reputation as an exclusive and desirable place to live within the San Mateo real estate market.