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San Fran CS

San Francisco has grown significantly in recent years due to the success of the technology industry in Silicon Valley. Major tech companies like Apple and Google have established headquarters near San Francisco, creating thousands of high-paying jobs. While this has increased tax revenue and improved services, it has also driven up the cost of living, exacerbating inequality as lower-income long-time residents can no longer afford to live in the city. The concentration of tech firms in the Bay Area has made San Francisco a hub for innovation but also faces issues around gentrification and housing affordability.

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43 views7 pages

San Fran CS

San Francisco has grown significantly in recent years due to the success of the technology industry in Silicon Valley. Major tech companies like Apple and Google have established headquarters near San Francisco, creating thousands of high-paying jobs. While this has increased tax revenue and improved services, it has also driven up the cost of living, exacerbating inequality as lower-income long-time residents can no longer afford to live in the city. The concentration of tech firms in the Bay Area has made San Francisco a hub for innovation but also faces issues around gentrification and housing affordability.

Uploaded by

mhahmedm6
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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1

San Francisco CS –
A successful region

location

 Northern California - west coast of USA


2

Recent statistics

Demographic:

 Population: 894,584 (July 2021)


 4th largest city in California
 17th largest city in USA
 Population Δ: +2.36% (2020-2023)
 People under 18 years old: 13.4% (2023)
 People 18-24 years old: 9.6% (2023)
 People 25-44: 37.5% (2023)
 People 45-64: 25.9% (2023)
 People 65+: 13.6% (2023)
 Average age: 38.5
 Smallest percentage of children than any major
metropolitan area in USA
 1/3 of population were born out of USA
 37.7% of population born in California
 25.3% of population born in another state
 People under 65 years old with disability: 5.7%

Race Population Percentage of total


population

White 392,476 44.87%

Asian 300,339 34.33%

Other race 67.538 7.7%

Two or more races 62,702 7.17%

Black or African American 44,930 5.14%

Native American 3,800 0.43%

Native Hawaiian or Pacific 3,179 0.36%


Islander
3

Median age Population Percentage


of total
population

Male 37.9 446,246 51.01%

Female 38.7 428,538 48.99%

Total 38.3

Area:

 Land area: 46.91 square miles (2020)


 Population density: 19,073
 Number of households: 361,222
 People per household: 2.34
 Language other than English spoken: 42.7%
4

Literacy:

 High school graduate or higher: 88.8%


 Bachelor’s degree or higher: 59.5%

Education Attained by Count percentage


{now} over 25-year-olds

Less than 9th grade (Year 47,675 6.84%


10)

9th – 12th grade (Years 32,067 4.6%


10 - 12)

High school graduate 80,686 11.58%


(GCSE’s)

Some College (University) 91,223 13.1%

Associate degree 35,583 5.11%


(foundation degree)

Bachelor's degree 244,101 35.04%

Graduate degree 165,240 23.72%


5

Income & Poverty

 Average household income: $160,396 (£131,512.56)


 Poverty rate {people whose income falls below poverty line}: 11.25%

Education Average Male Female

Overall $71,101 $78,873 $64,020

Less Than 9th $25,799 $29,463 $22,215


Grade

High School $32,458 $35,791 $29,447


Graduate

Some College $44,854 $50,005 $40,390

Bachelor's Degree $87,111 $100,769 $77,488

Graduate Degree $114,867 $136,124 $98,835

Race Total In Poverty Poverty Rate

Black 39,189 11,388 29.06%

Native 3,163 904 28.58%

Other 56,103 10,107 18.02%

Hispanic 109,574 17,332 15.82%

Islander 2,687 413 15.37%

Multiple 42,992 5,404 12.57%

Asian 273,562 29,320 10.72%

White 318,996 24,283 7.61%


6

why has San Francisco grown?

 TNC’s setting up HQ in Silicon Valley


 e.g., Apple, android
 increased FDI
 better services + housing
 reduced unemployment.
 last year 26,000 jobs created.

Why do companies locate in San Francisco?

 proximity to Harvard university, highly skilled workers


 research and technology center, helps innovation.
 San Francisco airport and docks, accessible - shrinking world.

How successful is Silicon Valley and the city

 successful
 creating 1000’s of new jobs
 providing big payouts in tax for government
 increased investment into local area improving services.

What are the costs of San Francisco’s success?

 class divide in San Francisco.


 many jobs are high skilled and paid ∴ causes price of living to increase.
 in 2016 population decreased by 5000
 some areas deprived.

Background

 Reputation for economic energy, cultural vibrancy and tolerance


 In 1990’s it became the focus of California’s ‘gold rush’
 Home to global ‘dotcom’ businesses like Dropbox and Twitter
7

 Significant growth in STEM biotech, life sciences and digital media companies
 The multiplier effect is fueled by its technological and transportation
infrastructure such as the several interstate highways and state routes, eight
passenger rail networks, eight trans-bay bridges, transbay ferry service, local
and transbay bus service, three international airports, and an extensive
network of roads, tunnels, and bike paths, high quality of life and skilled
workforce.
 However, the ‘Google effect’ of gentrification of districts alongside Google
buses transporting workers to its Mountain View campus has created
discontent from some- established, less-affluent displaced locals

Google effect – when knowledge is lost due to availability of internet e.g., the loss of
the use of a short cut, knowing that the internet (via maps) will know the shortest
route.

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