Gateway markets are losing populations, but immigration is boosting the potential resident base in key destinations such as California, Texas, and Florida.
Departure levels in the Bay Area are the highest in the US, reported RealPage. Combined with nearby Oakland in the Census definitions, San Francisco saw a population decline of 3.7% between 2020 and 2023.
RealPage found that Los Angeles, San Jose, and New York suffered declines between 2.5% and 2.9% during that time frame.
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