This smells to me like confirmation bias. The actual demographic data shows SF skews older than Manhattan:
Population by age range, SF vs Manhattan:
20-24: 3.8% / 7.4%
25-34: 21.5% / 22.7%
35-44: 16.3% / 14.6%
45-54: 14.0% / 12.8%
55-64: 12.4% / 11.4%
65+: 15.2% / 14.4%