California

10 cities · Pop Δ -0.3% (2020–2024)

State Heat Score

Market overview

California is tracking outbound migration (-0.3% 2020–2024) across 10 ranked cities. Soft fundamentals dominate. Population loss is pressuring rents and values; opportunities exist only at distressed pricing with conservative underwriting.

CityPopulationScore

01Los Angeles3899k20
02San Diego1386k22
03San Jose1013k24
04San Francisco873k17
05Fresno542k4
06Sacramento525k9
07Long Beach466k21
08Oakland440k25
09Bakersfield403k12
10Anaheim346k4

City populations: U.S. Census Bureau 2020 decennial (rounded). Growth: synthesized from state-level 2020-2024 trends, modulated by city tier — placeholder until per-city ACS feed is wired in.