Report: Flight of Wealthy from SF Hurting Economy, 6.3% Population Drop Largest in U.S

Report: Flight of Wealthy from SF Hurting Economy, 6.3% Population Drop Largest in U.S


People have been fleeing California in their thousands since the start of the pandemic and the draconian lockdowns that followed. Now it has been revealed the population loss was the greatest in the country and a lot of those people leaving are the ones making the most money.

From 2019 and 2020 the number of people listed on tax returns fell by 39,202 and those made an average of $138,000 a year

The average income of people who moved out of San Francisco surged during the early part of the pandemic, as more wealthy, white collar workers, many of whom could work remotely, left the city.

San Francisco’s crime, homelessness, and pandemic restrictions prompted an exodus that one recall election won’t solve

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