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San Francisco Economic Indicators
Return to Office

Back to Office Barometer

% return to office based on pre-2020 baseline

Label San Francisco metro, colour deepskyblue
Label Chicago metro, colour salmon
Label New York metro, colour mediumseagreen
Label Los Angeles metro, colour lightsteelblue

Interactive line chart.

Source: Kastle

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(Updated on 04-02-2025)

Bay Area Employment Recovery Through Recessions

% recovery from baseline

Label Dot Com, colour salmon
Label Financial Crisis, colour mediumseagreen
Label COVID, colour deepskyblue

Interactive line chart.

Source: JLL

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(Updated on 04-11-2024)
Total Commercial Vacancy Rate
25.1%

Office Vacancy Rate Trend

Interactive line chart.

JLL

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(Updated on 07-17-2023)

San Francisco Office Space Activity

Office
Inventory (s.f.)
Total vacancy (%)
YTD Completions (s.f.)
Under Development (s.f.)
SF Total
86,447,463
28.3%
49,958
Class A
61,699,903
27%
49,958
Class B
22,698,271
31.5%
Class C
2,049,289
34%

Source: JLL

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(Updated on 07-17-2023)

Average Weekday Downtown BART Exits

2025 v. 2019 - Current Monthy

Label Current Year Exits (2025), colour salmon
Label 2019 Exits, colour darkcyan

Source: BART.gov

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(Updated on 04-02-2025)

Bridge Crossings

Label Golden Gate Bridge, colour salmon
Label Bay Bridge, colour deepskyblue

Source: MTC, Goldengate.org

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(Updated on 12-12-2023)

Seated Diners

% change compared to same day 2022

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Source: OpenTable

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(Updated on 12-12-2023)
San Francisco Capital

VC Funding by Top 20 North American Markets

Top 20 US Markets
2023 TD (Jan-Nov)
1Salt Lake City
2Houston
3Atlanta
4Raleigh - Durham
5Dallas - Fort Worth
6Phoenix - Scottsdale
7Miami - West Palm Beach
8Nashville
9Northern Nevada
10Chicago
11Massachusetts
12Washington DC
13Denver
14Seattle - Tacoma
15San Diego
16Austin
17Los Angeles
18Boston
19New York Tri-State
20Bay Area
$28,594,969,198

Source: JLL

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(Updated on 12-14-2023)

Top Companies by VC Raised

2023 YTD

Company Name
Bay Area Market
Total Raised in 2023 YTD
DatabricksSan Francisco
$684,559,082
RipplingSan Francisco
$500,000,000
AnthropicSan Francisco
$450,000,000
NetskopeSilicon Valley
$401,000,000
Adept AISan Francisco
$350,000,000
ZiplineSan Francisco
NeuralinkEast Bay
Next InsuranceSilicon Valley
CellaresMid Peninsula
Aiolos BioSan Francisco
SkydioMid Peninsula
MapLight TherapeuticsSilicon Valley
MAPS Public Benefit, Corp.Silicon Valley
HeartFlowSilicon Valley
ImbueSan Francisco
WriterSan Francisco
LytenSilicon Valley
Genesis TherapeuticsMid Peninsula
AstranisSan Francisco
CARGO TherapeuticsMid Peninsula

Source: JLL

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(Updated on 12-14-2023)
Business Openings

New Business Formations

Source: DataSF

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(Updated on 04-10-2024)
Consumer Price Index

Consumer Price Index

YoY % Change

Interactive line chart.

Source: Bureau of Labor Statistics

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(Updated on 04-10-2024)
Housing and Jobs

Jobs to Housing Ratio Comparison

Number of jobs divided by number of housing units

Interactive line chart.

Source: JLL

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(Updated on 07-17-2023)
Tourism

SFO Passenger Traffic

Plane Deplanements

Interactive line chart.

Source: JLL

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(Updated on 12-14-2023)
Hiring Demand

Industry Characteristics

Industry
2025 Jobs
2025 Average Earnings Per Worker
2025 LQ (Industry Concentration)
2020 Jobs
2020-2025 % Change in Jobs
2025 GRP
Health Care and Social Assistance
379,628
$92,992
318,654
19.13%46423.84M
Professional, Scientific, and Technical Services
344,220
$243,090
1.84
348,496
-1.23%116345.59M
Government
342,466
$150,634
320,574
6.83%59652.83M
Accommodation and Food Services
212,828
$46,650
29.56%17770.98M
Retail Trade
$73,112
190,765
-3.14%29655.66M
Other Services (except Public Administration)
$53,570
6.2%12350.75M
Administrative and Support and Waste Management and Remediation Services
$103,164
5.06%23138.73M
Construction
$116,886
-2.56%23529.14M
Manufacturing
$171,123
-3.67%64511.01M
Information
$498,783
2.74
-5.16%178942.49M
Transportation and Warehousing
$148,337
5.03%22215.3M
Finance and Insurance
$333,898
-13.6%69275.29M
Educational Services
$72,697
2.34%6251.06M
Wholesale Trade
$153,912
-4.88%29226.9M
Arts, Entertainment, and Recreation
$61,955
39.28%7032.49M
Real Estate and Rental and Leasing
$115,147
-0.66%27112.28M
Management of Companies and Enterprises
$242,859
-23.7%11535.11M
Utilities
$257,397
1.4
15.52%11180.04M
Agriculture, Forestry, Fishing and Hunting
$78,446
-8.74%609.45M
Mining, Quarrying, and Oil and Gas Extraction
$208,067
11.53%535.54M

Source: LIghtcast

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(Updated on 04-08-2026)

Job Postings by Industry

By Number of Unique Active Postings

Industry Sector
Latest 30 Days Unique Postings
Latest 30 Days Unique Postings % Change
Administrative and Support and Waste Management and Remediation Services22,234
Professional, Scientific, and Technical Services18,419
Health Care and Social Assistance15,428
Manufacturing9,501
Retail Trade8,950
Educational Services7,521
Information7,204
Accommodation and Food Services5,400
Finance and Insurance5,377
Wholesale Trade3,335
Transportation and Warehousing3,259
Other Services (except Public Administration)3,139
Construction2,828
Real Estate and Rental and Leasing2,815
Arts, Entertainment, and Recreation2,129
30.5%
Public Administration1,638
Utilities1,314
45.9%
Management of Companies and Enterprises219
Agriculture, Forestry, Fishing and Hunting176
Mining, Quarrying, and Oil and Gas Extraction62
29%

Source: Lightcast

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(Updated on 04-08-2026)

Postings vs. Hires by Occupation

Outer bar: Postings, Inner bar: Hires

Label Total Postings, colour darkcyan
Label Total Hires, colour mediumseagreen

Source: Lightcast

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(Updated on 04-08-2026)
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