HomeCaliforniaSan Mateo CountyHillsborough town
Hillsborough town, California: commercial real estate data.
Hillsborough town is a Census town of 11,099 people across 6.17 square miles of land, in San Mateo County. Median household income is $250,001, 93.5 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $719,200.
70 sourced place values · tier FULL · 8 sections
Hillsborough
What Hillsborough is
- Census place typetown
- Land area6.17 sq mi
- Water area0 sq mi
- Population per square mile of land1,800
- County holding the largest share of its areaSan Mateo County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsborough
How many people live in Hillsborough
- Population11,099
- Median age47.0
- Population under 182,963
- Share under 1826.7 percent
- Population 65 and over2,262
- Share 65 and over20.4 percent
- Households3,610
- Family households3,019
- Share of households that are families83.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsborough
Income and work in Hillsborough
- Median household income$250,001
- Per capita income$179,325
- Civilian labor force5,037
- Employed4,686
- Unemployed351 plus or minus 176
- Unemployment rate7.0 percent plus or minus 3.4
- Adults 25 and over7,563
- Adults 25 and over with a high school diploma or higher99.1 percent
- Adults 25 and over with a bachelor degree or higher83.8 percent
- Adults 25 and over with a graduate degree47.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsborough
Housing in Hillsborough
- Housing units3,821
- Occupied units3,610
- Vacant units211 plus or minus 113
- Vacancy rate5.5 percent plus or minus 2.9
- Owner occupied3,375
- Renter occupied235 plus or minus 105
- Ownership rate93.5 percent
- Median owner-occupied home value$2,000,001
- Median gross rent, monthly$3,501
- Annual rent as a share of median income16.8 percent
- Single family units3,821
- Share single family100.0 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes0
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsborough
How Hillsborough gets to work
- Workers 16 and over who commute2,941
- Commuting under 15 minutes531 plus or minus 222
- Share commuting under 15 minutes18.1 percent plus or minus 7.1
- Commuting 30 minutes or more1,338 plus or minus 287
- Share commuting 30 minutes or more45.5 percent
- Drove alone51.8 percent
- Carpooled5.1 percent plus or minus 2.9
- Public transport1.9 percent plus or minus 1.5
- Walked1.1 percent plus or minus 0.9
- Worked from home36.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hillsborough
SBA 7(a) lending to Hillsborough borrowers
- Approvals2
- Gross approval$719,200
- Average approval$359,600
- Median approval$687,500
- Ninetieth percentile approval$687,500
- Largest approval$687,500
- Jobs supported5
- Jobs per approval2.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hillsborough
Flood programme status in Hillsborough
- Listed NFIP communities1
- Of those, participating1
- NFIP community number060320
- Currently effective map date04/05/19
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
San Mateo County, not Hillsborough
San Mateo County context, not Hillsborough figures
These are San Mateo County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hillsborough measurements.
- Establishments in San Mateo County21,569
- Employment at those establishments, San Mateo County477,938
- Covered employment, San Mateo County416,422
- Average annual pay, San Mateo County$196,441
- Average weekly wage, San Mateo County$3,778
- Housing units permitted, San Mateo County1,088
- Of those, single family, San Mateo County521
- County product, 2024, San Mateo County$217,017,754,000
- County product change over the prior year, San Mateo County11.1 percent
- Average income of an arriving household, San Mateo County$211,636
Every figure in this section is published for San Mateo County as a whole and is not a measurement of Hillsborough. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hillsborough questions, answered from the record.
How many people live in Hillsborough, California?
11,099, in 3,610 households. Hillsborough town covers 6.17 square miles of land, which is 1,800 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hillsborough in?
San Mateo County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hillsborough?
$250,001. The median owner-occupied home is valued at $2,000,001. Median gross rent is $3,501 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hillsborough businesses?
2 7(a) approvals totalling $719,200, across 2 lenders, median approval $687,500. These count approvals to borrowers whose address is in Hillsborough, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hillsborough borrowers get paid back?
No rate is published for Hillsborough. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Hillsborough in the National Flood Insurance Program?
Yes. Hillsborough appears in the FEMA Community Status Book as community 060320, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hillsborough figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for San Mateo County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hillsborough.
Is zoning published for Hillsborough?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.