03.01.2015 Views

City College of San Francisco - California Competes

City College of San Francisco - California Competes

City College of San Francisco - California Competes

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

INTRODUCTION | CITY & COLLEGE DATA<br />

Nearly half <strong>of</strong> <strong>San</strong> <strong>Francisco</strong>’s workforce commutes into <strong>San</strong> <strong>Francisco</strong> from surrounding communities<br />

while 20 percent <strong>of</strong> its employed residents commute out. The city’s economy is primarily divided between<br />

high-wage pr<strong>of</strong>essional jobs and low-paying service jobs, with comparatively few middle-income jobs.<br />

As the home <strong>of</strong> a large number <strong>of</strong> corporate headquarters (second in the nation only to New York <strong>City</strong>),<br />

business service firms and financial institutions, <strong>San</strong> <strong>Francisco</strong> employs relatively more highly paid<br />

lawyers, managers, computer scientists, and business operations pr<strong>of</strong>essionals than the rest <strong>of</strong> the Bay<br />

Area overall. A major employment sector is public administration, which includes three higher education<br />

institutions, the <strong>San</strong> <strong>Francisco</strong> school district, and city and state governmental <strong>of</strong>fices. Table 2.2 provides<br />

a picture <strong>of</strong> the income distribution in a city with one <strong>of</strong> the highest costs <strong>of</strong> living in the country. 3 21<br />

TABLE 2.2<br />

Income Distribution <strong>of</strong> Families in <strong>San</strong> <strong>Francisco</strong> 2000 to 2003<br />

2001 2002 2003<br />

2000 Estimate Estimate Estimate<br />

Number <strong>of</strong> Families 144,389 144,477 142,530 144,036<br />

Less than $10,000 4.10% 4.15% 4.84% 5.15%<br />

$10,000 to $14,999 3.06% 3.17% 3.44% 3.03%<br />

$15,000 to $24,999 9.24% 8.25% 8.20% 8.89%<br />

$25,000 to $34,999 7.65% 8.35% 8.19% 9.16%<br />

$35,000 to $49,999 12.39% 12.22% 11.87% 11.65%<br />

$50,000 to $74,999 17.76% 16.83% 16.96% 16.41%<br />

$75,000 to $99,999 13.86% 13.36% 14.06% 13.22%<br />

$100,000 to $149,999 16.27% 17.55% 17.14% 17.51%<br />

$150,000 to $199,999 6.81% 7.67% 6.39% 7.06%<br />

$200,000 or more 8.85% 8.46% 8.90% 7.91%<br />

Median family income* 68,905 71,507 69,934 67,809<br />

Mean family income* 97,417 98,383 96,614 90,771<br />

* in 2003 inflation-adjusted dollars<br />

Source: http://www.census.gov/acs/www/Products/Pr<strong>of</strong>iles/Chg/2003/ACS/Tabular/001/A4000US0033.htm<br />

3 Stange, K. (2003). 10 Things to know about <strong>San</strong> <strong>Francisco</strong>’s economy and employers: A publication to inform <strong>San</strong> <strong>Francisco</strong>’s workforce<br />

and economic development community. Research brief <strong>of</strong> the Workforce Investment <strong>San</strong> <strong>Francisco</strong> Board.<br />

CITY COLLEGE OF SAN FRANCISCO

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!