
San Francisco is a city of enormous inequality.
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Nov 23, 2019
There was a time when San Francisco was almost empty. In 1846, two years before the dawn of the California Gold Rush, the city only had around 200 residents.
By 1852, its population had skyrocketed to 36,000 people. That ethos of rapid growth has been inscribed in the city’s DNA. Over the last decade, San Francisco has undergone a new transformation, as the arrival of major tech companies kicked off a period of rampant growth and rising inequality throughout the city.
The homeless population has risen by about 50% and average rents have climbed to nearly $1,900 per month. Meanwhile, the tech industry has ballooned to more than 835,000 employees across the Bay Area.
Take a look at how San Francisco has changed in the last decade.