BUSINESS STATISTICS & DEMOGRAPHICS
Business Paradise at a Glance
 


INTRODUCTION | POPULATION | EMPLOYMENT | HOUSING | TAXABLE SALES

The Coachella Valley's unique location affords business owners easy access to nearby Los Angeles and San Diego markets as well as a qualified workforce and low-cost industrial and commercial land. Business owners and their employees will also enjoy an ideal climate, affordable housing and a superb quality of life.

Education New Opportunities
Three Public institutions of higher education serve the Coachella Valley. Committed to success, College of the Desert serves as the Community College. The new California State University San Bernardino Palm Desert Campus moved into the first building at it's permanent site in time for the start of 2002 summer classes, while the University of California Riverside's Richard J. Heckmann International Center for Entrepreneurial Management's firs building is scheduled for completion in the fall of 2004.

Incentives Unparalleled Benefits

The Coachella Valley is the only region in the nation that offers companies a Federal Empowerment Zone, a Federal Foreign Trade Zone and a State Enterprise Zone providing companies the following:

  1. Up to $53, 000 per employee in hiring credits over a 5-6 year period.
  2. Below market financing options.
  3. Reduction and/or elimination of import tariffs and duties.

Transportation Tremendous Access
  • Interstate 10 connects the Coachella Valley west to Los Angeles and east to Phoenix and beyond.
  • Highway 86 is Southern California's "NAFTA" Highway, linking the Coachella Valley to Mexicali, Mexico
  • Union Pacific Railroad offers companies rail access to both West Coast Harbors and mid-America via the Coachella Valley.
  • The Coachella Valley is served by SunLine Transit agency, which provides transportation to over 4.1 million riders annually.

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    Assessed Valuation (billions) Coachella Valley Cities, 1990-2002
Source: Riverside County Assessor's Office
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POPULATION

Population Growth
Coachella Valley, Inland Empire & California, 1980-2002
 
1980
1990
1980-1990
 
2002
1990-2002
Coachella Valley
122,097
230,865
89.1%
 
336,398
45.7%
Inland Empire
1,558,215
2,588,793
66.1%
 
3,427,987
32.4%
California
23,668,145
29,758,213
25.7%
 
35,037,196
17.7%
Source: California Department of Finance, E-5 Reports

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Population Growth Rates
Coachella Valley & Other Major Areas 1990-2002
Coachella Valley
Inland Empire
California
Los Angeles
U.S.
Note: Assumes Coachella Valley unincorporated population grows at 23.3% of city rate.
Source: CA Department of Finance, U.S. Census Bureau

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Growth From 2000-2025, Coachella Valley
Year
Population
Annual Rate
1990
230,865
3.2%
2001
336,398
2.5%
2015
461,197
2.5%
2025
586,182
2.3%
Source: CA Department of Finance 1990, 2002, SCAG forecast

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Age Distribution, Coachella Valley, 2000
Source: U.S. Census, 2000

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Ethnicity
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EMPLOYMENT

Employment in the Coachella Valley
Source: CA Employment Development Department

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Employment By Sector
Coachella Valley & Inland Empire, 2002
  COACHELLA VALLEY INLAND EMPIRE
Sector Employment Share Employment Share
Retail Trade 23,765 21.2% 208,300 19.9%
Hotel & Amusement 17,180 15.4% 34,000 3.3%
Agriculture 12,637 11.3% 19,900 1.9%
Construction 11,967 10.7% 86,600 8.3%
Health Services 8,826 7.9% 75,000 7.1%
Education 7,747 6.9% 115,300 11.0%
Other Services 7,123 6.4% 73,900 7.0%
Distribution 5,434 4.9% 87,800 8.4%
Source: State Employment Department

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LARGEST FIRMS, COACHELLA VALLEY, 2003
     
 
MANUFACTURING
 
Armtec Defense Products
Coachella
Viasys Health Care
Palm Springs
Guy Evans, Inc.
Thousand Palms
 
AGRICULTURE
 
Tudor Ranch
Mecca
Peter Rabbit Farms
Thermal
Desert Canyon Farming
Mecca
 
RETAIL
 
Wal-Mart
Cathedral City, Indio, La Quinta
Von's
Several
Ralph's
Several
 
TOURISM
 
Marriott Hotels
Palm Desert, Rancho Mirage
KSL Landmark
La Quinta
Spa Casino
Palm Springs
 
HEALTH
 
Eisenhower Medical Center & Clinics
Rancho Mirage
Tenet Health System Desert
Palm Springs
Source: Coachella Valley Economic Partnership

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Income, Coachella Valley, 2001
Category
Coachella Valley
Inland Empire
Total Family Income
$8,456,662,000
$81,341,529,000
Average Household Income
$68,096
$61,129

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HOUSING

Home Prices, 3rd Quarter 2002, Coachella Valley & Nearby Jurisdictions
Source: Dataquick

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New Home Sales, Coachella Valley, 1988-2002
Note: 2002e based on 9 months
Source: Dataquick

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Housing Type, Coachella Valley, 2000
Source: U.S. Census, 2000

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Single Family Building Permits, Coachella Valley, 1990-2001
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TAXABLE SALES

Taxable Sales Growth
In A Decade, 1990-2000
 
Taxable Sales Per Capita, 2001

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Taxable Retail Trade By Sector
Coachella Valley Cities, 1999-2000
Multiply totals by $1000
Sector 2000 1999
Apparel $162,806 $160,708
General Merchandise $585,356 $593,394
Food $226,685 $223,459
Restaurants $452,996 $462,692
Furniture & Appliance $257,921 $256,612
Building Materials $208,752 $244,421
Automotive $606,573 $709,424
Service Stations $175,890 $166,355
Other Retail $439,376 $422,201
Total Retail $3,116,355 $3,239,265
Non-Retail $762,988 $743,396
Taxable Sales $3,879,343 $3,982,661
Note: 1999 total as reported. 1999 sectors based upon 1997-1998 levels and trends.
All taxable sales information source: CA Board of Equaliztion.

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Taxable Retail Sales Growth Rates, 1995-2001

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Taxable Retail Sales Growth Rates (billions)
Coachella Valley Cities, 1990-2001

Source: CA State Board of Equalization

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