Financial District / Barbary Coast

Neighborhood Overview

Financial District / Barbary Coast

Although the term "Barbary Coast" is derived from the 18th century reference to the wild coast of North Africa, it has become synonymous with pirates and debauchery. Thus, during the Gold Rush era of San Francisco, the nine-block area bounded by Montgomery Street, Washington Street, Stockton Street and Broadway became known as the Barbary Coast. Abandoned ships ultimately sunk and were covered with landfill and have continued to be uncovered during construction as late as 2001. The Financial District, predominately a commercial center of historic banks built on Gold Rush fortunes and high-rise office buildings, offers a smattering of upscale apartments and condominiums - and the demand is growing. Four-star, expense account restaurants and hotels, as well as services of all kinds, are never more than a block away. Green space can be found if you're persistent: Jackson Square Park, near the Embarcadero Center, is the perfect place for a refreshing, sunny picnic lunch. Hidden between the famous TransAmerica Pyramid and another high rise, you'll find TransAmerica Redwood Park, a tiny sanctuary where busy stockbrokers take a break to watch Chinese grandmas practice their Tai Chi.
  • Zip Code(s): 94111, 94108, 94104, 94133

Financial District / Barbary Coast Demographics

Total Population in 94111: 3,335
Gender
 Male: 53.40%
 Female: 46.60%
Median Age: 50.80 years
Population Under 5 Years Old: 1.70%
Population 65 Years Old and Over: 24.60%
Average Household Size: 1.45
Median Household Income: $56569
Occupied Housing Units
 Owner Occupied:24.20%
 Renter Occupied:75.80%
Bachelor's Degree or Higher: 57.30%
Race
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Hispanic or Latino (of any race):3.30%
Foreign Born 36.40%
Speak Language Other Than English at Home: 35.60

Data source: US Census

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Low Interest Rates Expected Through 2014

Although the economy is doing moderately well, unemployment remains high and housing in most of the country is still doing poorly. The Fed has announced that it will not raise interest rates until the end of 2014.

Getting a Loan - Step 3: Awaiting the Documentation

Your offer has been accepted for your dream home and your mortgage broker has begun the process of getting loan approval for you. He's ordered the documentation the bank requires.

Now we're Awaiting Documentation.

New Historic Districts - Planning Commission Hearing 2/02/12

On February 2, the Planning Commission will act on updating and revising Articles 10 and 11 of the Planning Code. Articles 10 and 11 of the Planning Code govern how historic preservation is regulated in San Francisco. The passage of Proposition J in 2008 necessitates that San Francisco update its Planning Code.

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