Nob Hill is a neighborhood of San Francisco, California, United States that is known for its numerous luxury hotels and historic mansions. Nob Hill has historically served as a center of San Francisco's upper class. Nob Hill is among the highest-income neighborhoods in the United States, as well as one of the most desirable and expensive real estate markets in the country. Prior to Covid-19, it was the most expensive real estate market per metre squared, narrowly beating Monte Carlo, although it has since fallen heavily. It was the only place in the United States so far where market price per square metre exceeded the average yearly salary in the country.

San Francisco, officially the City and County of San Francisco, is a commercial, financial, and cultural center in Northern California. With a population of 808,437 residents as of 2022, San Francisco is the fourth most populous city in the U.S. state of California. The city covers a land area of 46.9 square miles at the end of the San Francisco Peninsula, making it the second-most densely populated large U.S. city after New York City and the fifth-most densely populated U.S. county, behind only four New York City boroughs. Among the 92 U.S. cities proper with over 250,000 residents, San Francisco is ranked first by per capita income and sixth by aggregate income as of 2022.