Dare to Compare

Grab and go if you’d like, this information is available as a FREE downloadable resource.

Overall Advantage

Cumulative comparative rankings of selected California Regions, January 2018

LOWVERY HIGHVERY HIGHVERY HIGHHIGHHIGHAVG
Stat / AreaGreater Antelope ValleyLos Angeles Co.San FranciscoSilicon ValleyOrange Co.San Diego Co.Inland Empire
Facility Costs1.22.256.973.492.022.021.52
Room to Grow Available Acreage<6,500<2,500>700>1,000>400<4,000<20,000
Housing Costs $281,900577,6901,475,0001,400,000785,000605,000345,570
Cost of Living109%144%192%173%154%144%113%
Labor Costs $1,1301,2561,5282,2321,2001,170863
Available Workers5.1%4.5%2.7%2.5%2.9%3.3%4.1%

*The Kosmont-Rose Survey, conducted annually by the Rose Institute at Claremont McKenna College compares regulations, fees and taxation rates imposed by local jurisdictions on a five point scale.

Facility Costs

Based on average monthly cost per square foot according to CBRE MarketStats, Q4 2017, and LoopNet survey of available properties

LOWVERY HIGHVERY HIGHVERY HIGHHIGHHIGHAVG
Stat / AreaGreater Antelope ValleyLos Angeles Co.San FranciscoSilicon ValleyOrange Co.San Diego Co.Inland Empire
Retail $1.442.7112.284.372.302.292.10
Office $1.323.256.094.792.882.901.92
Industrial $.71.792.531.31.88.87.53

Room to Grow

LoopNet survey of available commercial/industrial land, Jan. 2018, and CBRE MarketStats, Q4 2017

LOWVERY HIGHVERY HIGHVERY HIGHHIGHHIGHAVG
Stat / AreaGreater Antelope ValleyLos Angeles Co.San FranciscoSilicon ValleyOrange Co.San Diego Co.Inland Empire
Available Acreage<6,500<2,500>700>1,000>400<4,000<20,000
Available Parcels<200<400>100>100>40<100<1,000
Vacancy Rate7.9%6.9%4.5%5.7%5.4%6.8%7.6%

Housing Costs

U.S. Census, American Fact Finder and California Association of Realtors, 2017

LOWVERY HIGHVERY HIGHVERY HIGHHIGHHIGHAVG
Stat / AreaGreater Antelope ValleyLos Angeles Co.San FranciscoSilicon ValleyOrange Co.San Diego Co.Inland EmpireCAUS
Monthly Rent $1,8222,6703,6263,7613,0562,5711,8452,4941,444
Med. Sales Price $281,900577,6901,475,0001,400,000785,000605,000345,570524,000206,300
Home Ownership54.8%45.7%36.6%57.8%57.2%52.7%61.8%53.5%63.9%

Cost of Living

California Association of Realtors and Accra Cost of Living Index, 2017

LOWVERY HIGHVERY HIGHVERY HIGHHIGHHIGHAVG
Stat / AreaGreater Antelope ValleyLos Angeles Co.San FranciscoSilicon ValleyOrange Co.San Diego Co.Inland EmpireCAUS
Housing Affordability 1st Time Buyer55%50%39%28%40%45%61%47%N/A
Housing Affordability Traditional45%30%23%16%21%26%43%28%55%
Cost of Living Index109%144%192%173%154%144%113%137%100%

Labor Costs

Bureau of Labor Statistics, 2017, and California Employment Development Department

LOWVERY HIGHVERY HIGHVERY HIGHHIGHHIGHAVG
Stat / AreaGreater Antelope ValleyLos Angeles Co.San FranciscoSilicon ValleyOrange Co.San Diego Co.Inland EmpireCAUS
Weekly Wage $1,1301,2561,5282,2321,2001,1708631,561854
Annual Mean Salary $48,89355,56070,67280,36856,86556,44847,63757,832N/A
Management $112,077127,360152,814169,992133,880126,757110,838132,859N/A
Business/Finance $70,98180,66096,925103,52282,21680,64466,74684,603N/A
Computer, Science and Math $80,14291,070112,606125,16295,97894,95578,014104,271N/A
Health and Life Sciences $79,95790,860109,593114,94589,13294,20687,96895,674N/A
Manufacturing/Production $30,75634,95043,83643,26935,81639,02235,67337,889N/A
Union Membership9.8%9.8%9.5%9.5%8.9%7.2%13.5%9.2%6.5%

Available Workers

California Employment Development Department and Bureau of Labor Statistics, 2017

LOWVERY HIGHVERY HIGHVERY HIGHHIGHHIGHAVG
Stat / AreaGreater Antelope ValleyLos Angeles Co.San FranciscoSilicon ValleyOrange Co.San Diego Co.Inland EmpireCAUS
Total Workforce144,7005,167,5002,123,2081,643,4001,609,8001,576,9002,044,62019.4 M160.5 M
Available Workers5.1%4.5%2.7%2.5%2.9%3.3%4.1%4.6%4.1%
Commute Times (Minutes)3511.6%10.7%6.3%8.0%5.6%15.8%9.9%8.1%