Zip 92705 (Santa Ana, CA) Economy


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Santa Ana, CA is a vibrant area located in Orange County. It has a population of 324,528 people according to the 2010 US Census. The cost of rent for a two bedroom in Santa Ana is estimated at $2,450 per month which is almost double the rate of rent throughout the nation which stands at $1,430. Additionally, living expenses in Santa Ana are a bit higher than the national average with grocery costs index reaching 106 compared to 100 in the US.
If you’re looking for an exciting city to live in then Santa Ana might be your ideal destination. With many local businesses such as Salvadoran restaurant Las Cazuelas or El Chilango Mexican restaurant that offer amazing food and experience there’s plenty to explore and enjoy. Other popular spots include Historic Mission San Juan Capistrano and Bowers Museum (Bowers Museum 2020), both offering interactive experiences that will make your time here worthwhile. In addition, M3 Live Anaheim Event Center (M3 Live Anaheim Event Center 2020) and Discovery Cube OC (Discovery Cube OC 2020) provide fun-filled activities for children of all ages making it a great place to raise your family while providing job opportunities through its thriving industries such as manufacturing, retail trade, health care services and educational services (US Census Bureau 2018).
In conclusion, Santa Ana offers a unique combination of rich history blended with modern amenities making this city an attractive destination for those seeking vibrant culture and quality life experiences.
\nReferences: \nBowers Museum 2020 Bowers Museum Homepage Available at: https://www.bowers.org/index [Accessed July 2021] \nDiscovery Cube OC 2020 Discovery Cube OC Homepage Available at: https://www.discoverycubeoc.org/ [Accessed July 2021] \nM3 Live Anaheim Event Center 2020 M3 Live Anaheim Event Center Homepage Available at: https://m3liveanaheim.com/ [Accessed July 2021] \nUS Census Bureau 2018 Quick Facts Santa Ana City California Available at: https://www.census.gov/quickfacts/santanaCaliforniapopulation [Accessed July 2021]

Santa Ana (zip 92705) has an unemployment rate of 7.0%. The US average is 6.0%.

Santa Ana (zip 92705) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Santa Ana (zip 92705)
- The Sales Tax Rate for Santa Ana (zip 92705) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Santa Ana (zip 92705) 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 Santa Ana (zip 92705)
- The average income of a Santa Ana (zip 92705) resident is $41,711 a year. The US average is $28,555 a year.
- The Median household income of a Santa Ana (zip 92705) resident is $119,260 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySanta Ana, CaliforniaUnited States
  76
  -9.6%-6.2%
  31.7%33.5%
  7.8%6.2%
  8.0%4.6%
  $50,467$37,638
  $119,260$69,021
  $127,723$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  6.4%6.8%
  10.6%10.0%
  3.1%2.5%
  7.8%11.0%
  3.1%4.8%
  1.1%0.8%
  2.7%1.9%
  5.5%4.7%
  4.3%1.9%
  11.3%7.6%
  0.2%0.1%
  6.1%4.2%
  8.4%9.3%
  10.5%14.0%
  2.7%2.1%
  5.3%7.0%
  5.1%4.8%
  4.4%4.7%
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