2. Seattle, WA
Major Industries: Tech and Manufacturing
Annual Growth Rate: 0.81%*
Just like the other major metropolitan cities on this list, Seattle’s high cost of living and limited affordable housing options pose challenges for its residents. Despite being previously recognized as one of America’s fastest-growing cities, the pace of growth has dramatically slowed down. Seattle boasts titans like Microsoft and Amazon among the “Big 5” tech giants, but even their presence no longer seems sufficient to attract young professionals to this rainy city. With Amazon expanding and establishing a second headquarters in Virginia, Seattle’s future appears increasingly uncertain. Homelessness has been a persistent issue since the days of Hooverville during the Great Depression—a shanty town that housed mostly men and very few children or women. Although Hooverville is long gone, the problem of homelessness remains, persisting throughout the decades.
3. San Francisco, CA
Major Industries: High-tech and tourism
Annual Growth Rate: 0.15%*
Home to tech giants like Apple, Google, and Salesforce, the Golden Gate Bridge city is more than just a pretty face. It’s counterculture history from the hippie era and the cutting-edge tech culture of today. But beneath the surface of this iconic city lies a tale of high costs, dwindling population, and a struggle for affordable housing. With a price tag that rivals its spectacular views, San Francisco has become an exclusive enclave for the wealthy tech elite, pushing others further away from the Bay Area. The middle-class residents, faced with a lack of affordable homes, have been forced to bid farewell to this breathtaking, yet astronomically expensive, city. But it’s not just the cost of living that has hindered the city’s growth. The birth rate has plummeted, adding to the slowdown. And amidst the wealth, there remains a glaring issue: homelessness. San Francisco, with its 7,500 homeless individuals in 2017, is grappling with a crisis that has worsened over time. Shockingly, 66% of this population struggles with serious mental and physical health challenges. San Francisco’s story is one of contrasts and challenges, but it continues to captivate with its undeniable allure.