{"id":1681553,"date":"2022-10-10T09:25:06","date_gmt":"2022-10-10T13:25:06","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1681553"},"modified":"2022-10-10T09:26:25","modified_gmt":"2022-10-10T13:26:25","slug":"san-francisco-sees-single-largest-drop-in-median-income-of-any-major-u-s-city-during-pandemic","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/san-francisco-sees-single-largest-drop-in-median-income-of-any-major-u-s-city-during-pandemic\/","title":{"rendered":"San Francisco Sees Single Largest Drop in Median Income of Any Major U.S. City During Pandemic"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsan-francisco-sees-single-largest-drop-in-median-income-of-any-major-u-s-city-during-pandemic%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1681553&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Stephen Schork, The Schork Group principal, discusses OPEC and California&#8217;s energy policies during his interview on &#8216;Mornings with Maria.&#8217;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.foxbusiness.com\/features\/california-homeless-crisis-poop-patrol-app-tackles-human-waste-crisis\" target=\"_blank\" rel=\"noopener\">San Francisco<\/a> saw the single largest drop in median income of any major city in the country during the COVID-19 pandemic as wealthy tech workers fled the city in droves, according to census data.<\/p>\n<p>The U.S. Census Bureau compiled data on the nation&#8217;s top 25 most populous metropolitan areas from 2019 to 2021 to help determine the impact of the pandemic. Median household income for the area of San Francisco, Berkeley and Oakland fell 4.6% from $121,551 in 2019 to $116,005 in 2021. New York City followed closely, however, with a drop of 4.2%.<\/p>\n<p>San Francisco also <a href=\"https:\/\/www.foxnews.com\/us\/san-francisco-businesses-threaten-tax-strike-homeless-people-not-removed\" target=\"_blank\" rel=\"noopener\">saw a major spike in homelessness<\/a> throughout the pandemic, further contributing to the exodus of workers and companies.<\/p>\n<p>The City&#8217;s Castro Merchants Association, which represents roughly 125 businesses, sent a letter to the city government in August, threatening to withhold tax payments if the city doesn&#8217;t get the homelessness issue under control.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/small-business\/minneapolis-business-owner-navigating-crime-spike-inflation-definitely-uphill-battle\" target=\"_blank\" rel=\"noopener\"><strong><u>MINNEAPOLIS BUSINESS OWNER ON NAVIGATION CRIME SPIKE, INFLATION: \u2018IT\u2019S DEFINITELY AN UPHILL BATTLE&#8217;<\/u><\/strong><\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><\/div>\n<div class=\"caption\">\n<p><span>The Golden Gate Bridge in Francisco.<\/span><span> (iStock\u00a0 \/ iStock)<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/San-Francisco-homeless-iStock.jpg\" alt=\"Homeless san francisco california\" \/><\/div>\n<div class=\"caption\">\n<p><span>A homeless camp next to a freeway entrance in San Francisco, California<\/span><span> (iStock)<\/span><\/p>\n<\/div>\n<\/div>\n<p>The <a href=\"https:\/\/www.foxbusiness.com\/economy\/concerns-arise-san-francisco-rising-crime-hurting-business\" target=\"_blank\" rel=\"noopener\">city&#8217;s rising crime rate<\/a> is also contributing to struggles for businesses in the area. Hamid Moghadam, the CEO of the San Francisco-based real estate company Prologis, sent another letter to the city demanding action after he was robbed outside his home in broad daylight.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/media\/lifelong-san-francisco-resident-leaves-suburbs-business-robbed-policies-work\" target=\"_blank\" rel=\"noopener\"><strong><u>LIFELONG SAN FRANCISCO RESIDENT LEAVES FOR SUBURBS AFTER BUSINESS IS ROBBED: &#8216;THEIR POLICIES JUST DON&#8217;T WORK&#8217;<\/u><\/strong><\/a><\/p>\n<p>&#8220;It is now difficult for me to tell potential candidates that they should move to <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-news-san-francisco\" target=\"_blank\" rel=\"noopener\">San Francisco,<\/a>&#8221; he wrote. &#8220;We pay some of the highest taxes, local and state, in the nation, yet we have no sense of security.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/San-Francisco-homeless-iStock-001.jpg\" alt=\"Sleeping bags and tents line up along a sidewalk in San Francisco\" \/><\/div>\n<div class=\"caption\">\n<p><span>Homeless tents line city streets in San Francisco. Homeless community creates a camp with all their suitcases, tents, sleeping bags and precious belongings.<\/span><span> (iStock)<\/span><\/p>\n<\/div>\n<\/div>\n<p>&#8220;Protecting public safety should be the government&#8217;s top priority \u2014 that is the foundation of a successful city. Only in a community where people feel that they and their families are safe will jobs and culture flourish.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/\" target=\"_blank\" rel=\"noopener\"><strong><u>CLICK HERE TO READ MORE ON FOX BUSINESS<\/u><\/strong><\/a><\/p>\n<p>San Francisco&#8217;s schools haven&#8217;t escaped the fallout of the pandemic either, with high schools <a href=\"https:\/\/www.foxnews.com\/media\/san-francisco-high-school-plummets-national-ranking-eliminating-merit-based-admissions\" target=\"_blank\" rel=\"noopener\">plummeting in national rankings<\/a> after the city voted to abolish merit-based admissions. The city&#8217;s premier Lowell High School fell out of the top 100 high schools in the country this year.<\/p>\n<p><i>Aislinn Murphy contributed to this report.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stephen Schork, The Schork Group principal, discusses OPEC and California&#8217;s energy policies during his interview on &#8216;Mornings with Maria.&#8217; San Francisco saw the single largest drop in<\/p>\n","protected":false},"author":1,"featured_media":1681555,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1681553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1681553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1681553"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1681553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1681555"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1681553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1681553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1681553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}