Data Points

S.F. turning into a haven for high-tech companies

(Photo by Jared Erondu on Unsplash)

San Francisco has been heating up as a center of high-tech in the Bay Area as more high-tech firms make their home there.

Between 2008 and 2016, the estimated number of high-tech firms calling San Francisco home grew by 74 percent. That compares with just 18 percent growth in Santa Clara County where the largest number of Bay Area high-tech firms are already located, according to the U.S. Census Bureau.

Here’s how Bay Area counties rank by growth in high-tech over the same eight-year period.

1
1. San Francisco – 74%
2
2. Santa Clara – 18%
3
3. Alameda – 14%
4
4. Napa – 13%
5
5. San Mateo – 11%
6
6. Contra Costa – 10%
7
7. Solano – 7%
8
8. Sonoma – 7%
9
9. Marin – 2%

1. San Francisco

74%

2. Santa Clara

18%

3. Alameda

14%

4. Napa

13%

5. San Mateo

11%

6. Contra Costa

10%

7. Solano

7%

8. Sonoma

7%

9. Marin

2%

San Francisco’s Chief Economist Ted Egan said technology companies want to be in San Francisco because that’s where their workers want to live, and many of those workers start their own companies.

SourceU.S. Census Bureau; Controller’s Office, City and County of San Francisco