2018 Best-Performing Cities | large-cities
Best-Performing Cities
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Large Cities 2018

San Francisco-Redwood City-South San Francisco, CA MD

Overall Rank: 4      Population: 1,656,000

San Francisco-Redwood City-South San Francisco, CA, holds steady for the third year in fourth place. The phenomenal growth in the high-tech sector over the past five years has created high-paying jobs and dramatic wage growth within the metro, more than anywhere else in the country on both our one- and five-year measures. Given the geographic and regulatory constraints within the metro area, this has created scarcity on several fronts. Competition for housing, office space, and workers have continued to drive up rents, wages, and commute times as firms and families move further out to the edges of the metro and beyond.

Metro's Performance in Each Index Component

Component 2013 2014 2015 2016 2017 2018 Score/
Value
5-yr Job Growth1 36  11  11  110.64 
1-yr Job Growth2 40  100.67 
5-yr Wages & Salaries Growth3 44  11  133.42 
1-yr Wages & Salaries Growth4 105.26 
Short-Term Job Growth5 44  10  66  91  59  100.42% 
5-yr Relative HT GDP Growth6 31  148.08 
1-yr Relative HT GDP Growth7 20  11  105.75 
High-Tech GDP LQ8 2.72 
# of HT GDP LQs Over 19 12  12  12  11  16  15  10.0 

2017-2018 Growth Comparison (by score)