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Demographics
Population
Median Income
Racial Distributions
Mission Bay, a neighborhood in San Francisco, California, demonstrated a high diversity profile in 2022 based on its racial composition. No single group exceeded 40% of the population, with Asian (49%), White (22%), and Black (14%) groups having significant representation. The neighborhood had a median income of $163,056 in 2022, indicating an affluent community. Mission Bay has undergone rapid development over the past two decades, transforming from a former rail yard into a biotech hub and home to the UCSF Mission Bay campus.
The neighborhood experienced significant demographic changes over the past decade. In 2013, Mission Bay displayed moderate diversity with Asians (44%) and Whites (40%) as dominant groups. By 2022, it transitioned to high diversity with a more balanced distribution among racial groups. Asians maintained a plurality throughout most of the observed period, often comprising over 40% of the population. Their share fluctuated, dropping to 34% in 2020 before rising to 49% in 2022.
The White population decreased substantially, from 40% in 2013 to 22% in 2022. The Black population grew from 3% in 2013 to 14% in 2022, contributing to the neighborhood's increased diversity. The Hispanic population remained relatively stable, fluctuating between 9-13% throughout the period. These shifts may be attributed to the neighborhood's rapid development, attracting a diverse workforce in the biotech and healthcare sectors, as well as changing housing policies and urban planning initiatives.
The demographic shifts correlated with notable economic changes. Median income increased from $137,141 in 2013 to $163,056 in 2022, with a peak of $182,779 in 2019. This trend aligns with the influx of high-skilled workers in the tech and biotech industries. The population more than tripled from 1,983 in 2013 to 6,478 in 2022, reflecting the neighborhood's rapid development and increasing appeal. Despite the overall upward trend, there were fluctuations, particularly a dip in 2020, which coincided with a significant population increase and shift in racial composition.
Mission Bay's transformation mirrors broader trends in urban centers, particularly those with strong ties to the tech industry. Like other tech hubs, Mission Bay has seen an increase in racial diversity, driven by global talent attraction. The substantial income growth aligns with trends in other high-tech urban areas, outpacing national averages. The significant Asian population in Mission Bay reflects broader trends in the San Francisco Bay Area, known for its large and growing Asian communities. The rapid development and rising incomes may raise concerns about gentrification, a common issue in fast-growing urban areas nationwide.
Mission Bay's evolution from a moderately diverse to a highly diverse neighborhood, coupled with significant economic growth, exemplifies the dynamic nature of urban development in tech-centric cities. The neighborhood's transformation reflects broader national trends of increasing diversity in urban centers, particularly those driven by knowledge-based industries.