San Diego Population Growth Is Slowing

Jolanta Campion

San Diego’s population growth is slowing. A new report from Cushman & Wakefield, San Diego’s population grew by a mere .6% in the last five years, down from .9% in the last 10 years. Over the last 50 years. The population grew by 1.8%. The decrease in population growth, however, doesn’t necessarily mean that fewer people are moving to the submarket.

“One key reason for the reduction in growth is a result of decline in the number of births, gain in the number of deaths due to aging population and decline in the nations underage (ages 0-18) population as well as millennials,” Jolanta Campion, director of research in San Diego at Cushman & Wakefield, tells GlobeSt.com. “Even though 56% of San Diego’s residents are 39 and younger, it is much lower compared to the long-term 50-year average of 63%. In 1980s, this cohort represented 67% of the total population compared to 64% in 1990s and 59% in 2000’s, continuing to drop to 56% in the last decade (2010+).”