Population growth is forecast to average 1.3% through 2024. This rapid rate of increase will result in additional 23,600 residents in the Santa Clarita Valley.
70%
More than 70% of local residents ages 25 and above have at least some college education under their belts, with 35% having a four-year degree or higher.
$95K
The average median household income of in the Santa Clarita Valley was $95,064 in 2016. This made it one of the highest levels in the state.
Top Employers
The Santa Clarita Valley boasts a supportive local government and a long list of money-saving business incentives, a robust educational system, a fast-growing economy, and a prime location.
Santa Clarita Valley Economic Snapshot
Santa Clarita Valley is home to a talented, diverse and abundant local labor supply from high achieving school districts and institutions of higher learning. The SCV is a relatively new and growing area within Los Angeles County. The SCV encompasses 520 square miles with an estimated population of 290,000 residents. According our recent labor study, SCV workers are characterized by a high degree of job stability. About 57% of all working householders have been in their current job for at least 7 years. Download the full report.
Santa Clarita Valley Economic Outlook Report
This annual report jointly published by SCVEDC and the College of the Canyons
provides authoritative forecasts and latest data on demographics,
employment, residential and commercial real estate, new development,
and quality of life for the Santa Clarita Valley region.
