Ventura County, CA Economy


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Ventura County is located in Southern California and is home to 823,318 people according to the 2019 U.S. Census. The two bedroom rent for Ventura County is approximately $2,430 which is higher than the national average for two bedroom rent which stands at $1,430. In addition, the grocery cost index for Ventura County stands at 108 versus 100 in the US . Ventura County has a great community and many local businesses that contribute to its success and growth. These include corporations such as Amgen, Microsoft, Apple Inc., United Parcel Service (UPS) and The Boeing Company. There are also many small businesses such as restaurants, cafes, retail stores, fitness centers, spas and car dealerships that make up Ventura County's vibrant landscape.

Ventura County has an unemployment rate of 6.4%. The US average is 6.0%.

Ventura County has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Ventura County
- The Sales Tax Rate for Ventura County is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Ventura County is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ventura County
- The average income of a Ventura County resident is $33,308 a year. The US average is $28,555 a year.
- The Median household income of a Ventura County resident is $94,150 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVentura, CaliforniaUnited States
  6.46
  -7.9%-6.2%
  27.7%33.5%
  7.3%6.2%
  8.0%4.6%
  $41,863$37,638
  $94,150$69,021
  $106,425$85,028
  Population by Occupation
  4.7%1.2%
  0.2%0.5%
  6.3%6.8%
  9.8%10.0%
  3.0%2.5%
  9.9%11.0%
  3.0%4.8%
  0.6%0.8%
  2.5%1.9%
  5.0%4.7%
  2.0%1.9%
  8.1%7.6%
  0.1%0.1%
  4.6%4.2%
  8.6%9.3%
  11.3%14.0%
  2.4%2.1%
  7.3%7.0%
  5.1%4.8%
  5.4%4.7%
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