San Francisco Is Losing Families
San Francisco Is Losing Families
Golden Gate Bridge
What do you think, is S.F. an ideal place to raise kids? Are parents with kids leaving because of the quality of the public education system & high cost of private schools? Or perhaps all of the above including the high cost of living in SF?
As provided by the latest issue of SFAR Realtor Advantage:
According to the latest census figures, San Francisco has lost 5,278 children since the last census in 2000. Despite this, the city has 3,000 more children under five than it did 10 years ago but it also has lost more than 8,000 children older than five.
With a resident population of 805,235, 13.4 percent of the city’s population is younger than 18. In 1970, those younger than 18 made up 22 percent of San Francisco. In 1960, they made up 25 percent.
The San Francisco Unified School District has lost almost 7,000 children over the past decade, down in 2010 to 53,033. The district adopted a new student-assignment system last year that gives priority to children living near a school but whether it will stem the exodus of families remains to be seen.
On the peninsula and in South Bay the markets that do well are areas with top schools.
I’m guessing that the San Francisco public schools are a major reason why people with kids are leaving the city and either going to Marin, the East Bay or Peninsula/South Bay.
I have come across quite a few people that are doing exactly that for the schools.
There is a certain convenience in having good public schools that one pays for with the mortgage and not out of pocket.
When they sell down the road, they will get that same premium – on the way in – back out.
Dominique
Hi Dominique,
Thank you for visiting. You make a good point. Our Peninsula communities with highly rated schools have held their value & are a good selling point.