Top Rated San Jose CA Mortgage Broker

Geographical information on San Jose. San Jose is Northern California’s largest city by both population and area. With 971,233 residents in 2022, it is the most populated city in the Bay Area and the San Jose–San Francisco–Oakland Combined Statistical Area, which had 7.5 million and 9.0 million residents, respectively, in 2022. It is also the third most populated city in California, behind Los Angeles and San Diego, and the thirteenth most populated city in the US. San Jose occupies 179.97 square miles (466.1 km2) and is situated on the southern shore of San Francisco Bay, in the heart of the Santa Clara Valley. With a projected population of 1.95 million in 2023, San Jose serves as both the county seat of Santa Clara County and the primary hub of the San Jose–Sunnyvale–Santa Clara Metropolitan Statistical Area. Innovation, cultural diversity, wealth, and a sunny, temperate Mediterranean environment are some of San Jose’s most renowned features. [21] In 1988, Mayor Tom McEnery adopted the official slogan “Capital of Silicon Valley” to promote the city due to its association with the thriving high-tech industry phenomena known as Silicon Valley[22]. San Jose is home to the headquarters of several large international IT businesses, including Cisco Systems, eBay, Adobe Inc., PayPal, Broadcom, and Zoom. With the third-highest GDP per capita (after Oslo and Zurich) and the fifth-most expensive property market, San Jose is one of the world’s wealthiest big cities. A Hispanic community comprising more than 40% of the city’s population, one of the largest overseas Vietnamese populations in the world, and historic ethnic enclaves like Little Portugal and Japantown are also located there. The Tamien nation of the California Ohlone peoples had long lived in the region surrounding San Jose prior to the arrival of the Spanish. The first city in the Californias, San Jose, was established on November 29, 1777, as the Pueblo of San José de Guadalupe. Following the Mexican War of Independence, it joined Mexico in 1821. California was given to the United States in 1848 after the Mexican-American War, when the United States conquered the state. Two years later, California became a state, and San Jose became the first capital of the new state. [29] Following World War II, San Jose’s economy flourished, and in the 1950s and 1960s, it aggressively annexed neighboring cities and municipalities while also seeing tremendous population increase. The shift from an agricultural center to an urbanized metropolitan area was further expedited by the high-tech and electronics sectors’ explosive growth. San Jose officially overtook San Francisco as the most populated city in Northern California, according to the results of the 1990 U.S. census. San Jose’s economy grew at the quickest rate in California in 2015–2016 and was the worldwide hub for the internet and high tech sectors by the 1990s. San Jose lost 42,000 residents, or 4.1% of its total population, between April 2020 and July 2022, falling to 12th and then 13th place in the largest city list.