[Want more news on a changing Bay Area? Sign up for the Bay Briefing newsletter here ] Despite all the talk of people leaving the Bay Area during the pandemic, only a small fraction of residents have left the state, suggesting that reports of an exodus have been exaggerated, according to a Chronicle analysis of United States Postal Service data. Only 3.7% of the households and businesses that filed address changes in five Bay Area counties from March to November 2020 left California, a total of 4,264 move outs, according to the data. In contrast, 72% of changes resulted in moves to other Bay Area counties and about a fifth of the 115,243 address changes went elsewhere in California. USPS didn't provide batches of address changes from a ZIP code totaling 10 or fewer, citing privacy concerns. The data covers Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara counties. The migration doesn't add up to an exodus, said Jeff Bellisario, executive director of the Bay Area Council Economic Institute, a business-backed think tank. But it still represents a significant population shift, pushing apartment rents and future tax revenue down, he said. "Some of the data points we're… Read full this story
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