4th most populous city in us6/10/2023 The new census data reveals that much of the country’s population growth between 20 was concentrated in the South, with cities in Texas and Florida dominating the charts. “Historically, this is a massively resilient economy.”Īnd although Google is delaying its construction start date of a mega campus in downtown San Jose, “I have great confidence they will follow through,” he said. “Yet in the next nine years, we’ve had double the growth of the nation in record peaks in jobs and income and lows in unemployment,” Levy said. A million people left California after the dot.com bust in 2000, and the state and region was hit particularly hard by the foreclosure crisis and recession from 2008 to 2010. The region was written off in 1985 when South Korea took over the semiconductor industry and again in 1990 when federal defense spending cuts closed military bases and hit the aerospace industry. The demise of San Jose, Silicon Valley and the state has been wrongly predicted for decades, said Stephen Levy, director of the Palo Alto-based Center for Continuing Study of the California Economy. In the midst of population drops, San Jose actually has added housing stock, although fewer people are living in each dwelling, he said. The California economy and San Jose’s “remain robust,” he said. “Detroit had a hard time keeping up with demolishing vacant housing units. When Detroit dropped off the chart two decades ago, it came amidst years of decline as white residents fled the city after the riots in the late 1960s and the auto industry struggled to keep up with Asian imports. There is no prize for the largest city.”Īnd the trend may not be devastating for what is still Northern California’s largest city and third largest in the state. “So for whatever it is worth, we lost that. “It gave people a lot of civic pride to say we’re the 10th largest,” Hancock said. Russell Hancock, president and CEO of Joint Venture Silicon Valley, a San Jose-based think tank, said he doesn’t view population change as a horse race. San Jose did not see as dramatic a drop as San Francisco, which has lost 73,000 people since 2019, ending up with about 808,000 in 2022. San Jose’s population peaked in 2017 at 1,032,000, according to census numbers. San Jose’s population drop is in line with a larger trend across California cities that experts blame on housing costs and work-from-home shifts brought on by the COVID-19 pandemic and could actually be deeper than the recent census estimates show, according to data released by the state Finance Department earlier this month that put the city’s population at roughly 959,000 as of January 2023. Jacksonville eked past San Jose by a mere 86 people. Austin - a growing tech hub - has about 3,000 more residents. San Jose has shed about 50,000 residents since July 2019, leaving it with 971,233 people as of July 1, 2022, according to the new census figures. “People are frustrated with a host of challenges that we’ve struggled to get a handle on.” “I think this is a wake-up call,” Mayor Matt Mahan said Thursday. So this week, when the “Capital of Silicon Valley” tumbled to 12th most populous, behind Austin, Texas, and Jacksonville, Fla., and updated census estimates put San Jose’s population firmly in the six digits, there was no downplaying the news: In 2009, when the city’s population topped 1 million, then-Mayor Chuck Reed said, “Size does matter.” When San Jose surpassed Detroit as the 10th largest American city in 2005, the Mercury News proclaimed the achievement in an all-caps headline: San Jose was “IN THE BIG TIME.”
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