Zip 93003 (Ventura, CA) Economy


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Ventura, California (93003) is a coastal city located just outside of Los Angeles. With an estimated population of 110,737 the cost of living in Ventura is slightly higher than average for other cities in the United States. The median two-bedroom rent price in 93003 is $2,460 which is about 73% more expensive than the national average. Additionally, the grocery cost index in Ventura is 108 versus 100 for the US as a whole. Local companies in 93003 Ventura include tech company Teledyne Technologies, Neophotonics Corporation and agriculture supply company Limoneira Company. All three of these companies are well established and have made major contributions to the growth and development of Ventura over the years.

Ventura (zip 93003) has an unemployment rate of 6.0%. The US average is 6.0%.

Ventura (zip 93003) 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 28.6%, which is lower than the US average of 33.5%.

Tax Rates for Ventura (zip 93003)
- The Sales Tax Rate for Ventura (zip 93003) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Ventura (zip 93003) 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 (zip 93003)
- The average income of a Ventura (zip 93003) resident is $33,457 a year. The US average is $28,555 a year.
- The Median household income of a Ventura (zip 93003) resident is $87,552 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVentura, CaliforniaUnited States
  66
  -7.9%-6.2%
  28.6%33.5%
  7.8%6.2%
  8.0%4.6%
  $42,207$37,638
  $87,552$69,021
  $101,082$85,028
  Population by Occupation
  0.9%1.2%
  0.2%0.5%
  5.9%6.8%
  7.0%10.0%
  3.0%2.5%
  11.0%11.0%
  3.2%4.8%
  0.4%0.8%
  1.6%1.9%
  3.2%4.7%
  2.3%1.9%
  9.5%7.6%
  0.0%0.1%
  3.5%4.2%
  11.8%9.3%
  13.5%14.0%
  2.2%2.1%
  8.0%7.0%
  5.1%4.8%
  7.8%4.7%
Reviews for Ventura
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This is a great place to live if u can afford housing. Beautiful beaches, great weather year around. Downside..like everywhere...drug activity. In upper middle class  More

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