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Building Relationships 2013 gavea E C O N O M I C GREATER ANTELOPE VALLEY R O U N D TA B L E ECONOMIC ALLIANCE R EPO RT BUILDING RELATIONSHIPS THROUGH ECONOMICAL GROWTH Table of Contents Introduction The Greater Antelope Valley ■ INTR ODUCTION We are proud to support to the Greater Antelope Valley Economic Alliance and its mission – providing strong Area Profile 1 leadership in developing a business-friendly environment where businesses are encouraged to locate or expand in Map 1 the Antelope Valley. In our public-private partnerships, and with the cooperation of our residents, community groups and business ■ DEMOGRAPHICS organizations in our cities and unincorporated areas, the Alliance is leading the charge for new economic growth. Population Detail 2 Michael D. Antonovich Comparisons 3 LA County Supervisor Antelope Valley Cities 4-9 5th District Rural Areas 9 With 2012 over and 2013 ahead of us the Antelope Valley is seeing a positive change. We appear to finally be EC■ ONOMY coming out of The Great Recession with an increase in employment, retail sales, home values and a lower cost of Major Employers/Industries 10 living, a reduction in crime and low cost of doing business. These positive factors place the Antelope Valley in a Labor Market Study 10 prime position to be the answer to doing business in California. Average Wage by Sector 11 Employers are looking for a well educated and ready workforce and the Antelope Valley has great educational Cost of Doing Business 12 opportunities such as Antelope Valley College, CSU Bakersfield, and CSU Long Beach. The Antelope Valley is Enterprise Zone 13 already a world leader in Aerospace with companies like Northrop Grumman, Lockheed Martin, and Boeing Foreign Trade Zone 13 being located at Air Force Plant 42 and with Edwards Air Force Base as the home of NASA Dryden Flight Area Business Loans 14 Research Center and the 412th Test Wing. The Antelope Valley is also looking forward towards our future with Renewable Energy 15 over $10 Billion being invested in Renewable Energy to produce more than enough power for the 1,671,004 Film Activity 16 homes in LA County. Agriculture/Mining 16 To ensure growth in the region we need to stay committed to marketing the Antelope Valley and improving Aerospace 17 the AV as a place to live, work and play. We need help from all of the citizens, businesses and cities of the Hotel/Industrial 18 Antelope Valley to continue in the investment of our community. We need everyone in the Antelope Valley to be a Business Parks/Industrial Space 19 spokesman and demonstrate why the Antelope Valley is a great place in the Golden State. Transportation 20 Dr. Jackie Fisher Retail Sales 21 GAVEA Chairman President, Antelope Valley College ■ HOUSING 2012 Housing Summary & Special thanks to the following: House Sales 22-23 2012 New Home Sales/ Jackie Fisher, Laurel Shockley, GAVEA Chairman, Southern California Edison Building Permits 24 President, Antelope Valley College Albert Gatton, Harvey Holloway, GAVEA Executive Assistant ■ HEALTH CARE Coldwell Banker Commercial Realty Hospitals 25-26 Health Services 26 ■ EDUCATION Public Schools 27-28 Private Schools 28 Community Colleges/ Post Secondary 29-30 gavea GREATER ANTELOPE VALLEY ■ QUALITY OF LIFE ECONOMIC ALLIANCE Community Life 31-32 1028 West Avenue L-12 Suite# 101 Lancaster, CA 93534. Air Quality 31 Water 31 661/945-2741 “LABOR, LIFESTYLE, www.aveconomy.org Utilities 31 www.windsolarcalifornia.com AND LOS ANGELES All [email protected] WITHIN YOUR REACH.” AREA PROFILE TOTAL POPULATION OF Ridgecrest GREATER ANTELOPE VALLEY REGION 513,547 TEHACHAPI MTNS ANNUAL GROWTH Bakersfield Randsburg 2013-2018 Projected 543,212 5.78% 2010-2013 Estimated 513,547 3.58% 2000-2010 Census 495,799 24.39% California City 1990-2000 Census 398,598 20.25% POPULATION BY ORIGIN Tehachapi Mojave Not Hispanic or Latino 292,154 56.89% Edwards Boron Hispanic or Latino 221,393 43.11% EDWARDS AIR FORCE BASE Barstow POPULATION BY RACE Rosamond White Alone 284,770 55.45% Black/African American Alone 71,100 13.84% Lake Hughes Lancaster Quartz Hill American Indian/Alaskan Native 5,201 1.01% Lake Elizabeth Green Valley Leona Palmdale Lake Valley Los Angeles Asian Alone 19,021 3.70% Castaic Santa Littlerock Clarita Native Hawaiian or Pacific Islander 1,253 0.24% Acton Pearblossom Some Other Race 105,314 20.51% Valencia Newhall Two or More Races 26,888 5.24% Sylmar Ventura SAN BERNARDINO MTNS MEDIAN AGE 33.10 Simi Valley Oxnard Burbank REGIONAL HOUSING SANTA MONICA MTNS Pomona San Bernardino Average Household Income $67,268 Per Capita Income $21,287 Housing Units 156,816 Whittier PACIFIC OCEAN Redondo Persons per Household 3.16 Beach Riverside Owner Occupied 65.99% Anaheim Average Length of Residence (yrs.) 14 N Santa Ana SAFETY RANGE ANTELOPE VALLEY USA-AVERAGE Crime Rate per 100K to 250K Pop 2,596 4,232 Crime Rate 25K to 50K Pop 2,280 3,307 ECONOMY Cost of Doing Business Low to Moderate 2011 Major Retail Sales $3,300,397,787 2011 Retail Sales Growth 8.51% 2012 Cost of Living Index (US avg. 100) 92.7 (Property taxes not included) 2012 Sector Job Growth 1.89% Kern MAJOR ECONOMIC IMPACT AREAS AV Economic Antelope Valley Mall Region Stores 113 San Bernardino Kiosks 32 Ventura Los Employees 1,800 Angeles Air Force Plant 42 Orange Riverside Contractor Employees 6,758 Government Civilian 701 Government Military 14 Payroll (Annualized) $637,736,097 Local Contracts $176,156,856 *Does not include FAA/LM Aero/FAA LA Center Edwards Air Force Base Employees 11,337 4.43% Military 2,208 Other Speaking 9.71% 20.37% Civilians 9,129 21,018 Over 65 No Degree Military Family Members 2,832 Esti. Indirect, induced Jobs 13,278 26.86% 10.9% Spanish Speaking Local Contract $250,858,849 55-64 Total Payroll $660,766,154 127,390 Total Economic Impact $1,587,382,257 54.08% China Lake 25.55% HS Grad 68.71% 28.48% 50.92% Some College Full-Time Civilians 4,324 0-17 Higher Degree Primarily English 18-54 Military 714 325,904 On-site Contractors 1,580 Payroll Civilians $322,000,000 Ethnicity Age Specific Education Military $30,000,000 Visitors/Year 30,000 Local Contracts $250,000,000 Bankcard Programs $2,500,000 Source: Claritas, FBI, AV Cities, ACCRA, GAVEA, EDD, AV Mall, Airforce Plant 42, Edwards, Mojave Airport & Spaceport* 47 China Lake, Mojave Airport & Spaceport. (Home to 47 companies) *Additional information on page 17 ECONOMIC ROUNDTABLE REPORT 2013 | 1 Population Detail LANCASTER 157,826 PALMDALE 153,708 TEHACHAPI 13,872 14,000 150,000 150,000 12,000 120,000 120,000 10,000 90,000 90,000 8,000 6,000 60,000 60,000 4,000 30,000 30,000 2,000 2012 – Estimate 2012 – Estimate 2012 2012 – Estimate 2012 2000 2000 – Census – Census 2010 – Estimate 2011 2000 – Census – Census 2010 – Estimate 2011 2000 – Census – Census 2010 – Estimate 2011 118,718 156,663 157,629 157,826 116,670 152,714 153,167 153,708 11,125 14,414 14,432 13,872 2010 2011 2012 2010 2011 2012 2010 2011 2012 State Rank in Size 38 30 30 State Rank in Size 33 32 33 State Rank in Size 334 326 334 Rank of Growth in LA County by % 2 1 87 Rank of Growth in LA County by % 1 2 22 Rank of Growth in Kern County by % 7 5 10 Annual Growth Rate 0.91% 0.8% 0.1% Annual Growth Rate 1.22% 0.4% 0.4% Annual Growth Rate 1.83% 0.1% -4% State Rank in Growth by % 110 65 394 State Rank in Growth by % 73 70 316 State Rank in Growth by % 102 75 477 % of Change from 2000 census 22.9% 32% 33% % of Change from 2000 census 31% 31% 32% % of change from 2000 census 25% 29.6% 25% State Rank by Numeric Change 33 17 228 State Rank by Numeric Change 19 19 113 State Rank by Numeric Change 249 166 476 from 2000 census *Tied from 2000 census from 2000 census ANTELOPE VALLEY POPULATION FORECAST CALIFORNIA CITY 13,260 RIDGECREST 28,089 2020 2035 16,000 Lancaster 174,807 201,310 30,000 14,000 Palmdale 179,274 206,143 Unincorporated–LA County 134,000 172,173 12,000 25,000 Greater California City/Mojave 32,509 39,641 Greater Ridgecrest 39,442 41,737 10,000 20,000 Greater Rosamond 31,805 40,245 Greater Tehachapi 47,691 57,632 8,000 Antelope Valley 639,528 758,881 15,000 Southern California Association of Government, SCAG 6,000 Kern County Council of Governments, KernCOG. 10,000 4,000 ESTIMATED POPULATION BY ZIP CODE ZIP CITY 2010 2012 2013 2,000 5,000 93501 Mojave 4,284 5,459 5,643 93505 California City 13,969 14,341 14,622 2012 – Estimate 2012 – Estimate 2012 2000 2000 – Census – Census 2010 – Estimate 2011 2000 – Census – Census 2010 – Estimate 2011 8,385 14,120 12,787 13,260 24,297 27,616 27,835 28,089 93516 Boron 2,045 2,274 2,359 93519 Cantil 79 87 107 2010 2011 2012 2010 2011 2012 State Rank in Size 325 329 338 State Rank in Size 247 248 249 93523 Edwards 3,056 2,336 3,002 Rank of Growth in Kern County by % 1 1 1 Rank of Growth in Kern County by % 9 8 4 93524 Edwards 2,962 974 285 Annual Growth Rate 1.21% -9.2% 3.7% Annual Growth Rate 1.3% 0.8% 0.9% 93527 Inyokern 1,845 2,413 2,369 State Rank in Growth by % 12 18 2 State Rank in Growth by % 163 175 129 93554 Randsburg 91 105 28 % of change from 2000 census 79% 68.4% 58% % of change from 2000 census 15% 10.8% 16% 93555 Ridgecrest 29,338 33,246 33,297 State Rank by Numeric Change 137 111 129 State Rank by Numeric Change 208 180 196 93560 Rosamond 19,409 19,447 19,398 from 2000 census from 2000 census 93561 Tehachapi 31,537 35,775 36,356 TOTAL 108,615 116,457 117,466 93510 Acton 7,792 7,457 7,925 93532 Lake Hughes 2,866 2,749 2,939 93534 Lancaster 41,150 40,139 41,213 93535 Lancaster 69,555 73,377 74,333 93536 Lancaster 66,364 73,349 73,917 93543 Littlerock 12,260 13,580 13,852 93544 Llano 1,265 1,441 1,467 93550 Palmdale 77,321
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