San Francisco's population has not rebounded since the pandemic caused an exodus, remaining 2.6% lower in July 2025 than in April 2020. The city continues to struggle with issues such as homelessness, rising crime rates, and housing costs, which have prompted many residents to leave for more affordable areas. Despite a recent political shift toward moderate leadership, the city’s recovery remains slow, with population growth stabilizing but still not reaching pre-pandemic figures.

The election of Mayor Daniel Lurie in 2024 signaled a move away from the previous progressive policies perceived to have contributed to the city’s decline. President Donald Trump praised Lurie for his efforts to turn the city around, after moderates gained influence by unseating incumbent Democrat London Breed. Local initiatives, including significant campaign funding against progressive candidates, aim to steer the city back to a more centrist approach amidst ongoing challenges of homelessness, drug issues, and economic instability.