San Francisco Sees Population Growth for First Time Since Pandemic
After years of decline, San Francisco's population increased slightly in 2023, marking a potential turnaround for the city.
- San Francisco's population grew by approximately 1,200 people, or 0.15%, in 2023, reversing a trend of decline.
- While the city's population growth is modest, it outpaced most of the Bay Area, where other counties continued to see population decreases.
- The population increase is attributed to a combination of factors, including a decrease in outmigration and a rebound in international immigration.
- Despite the growth, San Francisco still faces challenges, including high office vacancy rates, business closures, and a population that remains 65,000 fewer than pre-pandemic levels.
- The overall trend of domestic migration in the U.S. is changing, with more counties experiencing growth, particularly in the Midwest and Northeast, while growth slows in the West.