Economy Overview
Population (2021)
Population grew by 14,222 over the last 5 years and is projected to grow by 10,818 over the next 5 years.
Total Regional Employment
Jobs grew by 8,139 over the last 5 years and are projected to grow by 9,007 over the next 5 years.
Avg. Earnings Per Job (2021)
Regional average earnings per job
are $4.0K above the national average earnings of $77.8K per job.
Takeaways
- As of 2021 the region's population increased by 4.8% since 2016, growing by 14,222. Population is expected to increase by 3.5% between 2021 and 2026, adding 10,818.
- From 2016 to 2021, jobs increased by 5.3% in 50EA from 152,751 to 160,890. This change outpaced the national growth rate of 1.8% by 3.5%. Labor force data is not available for 50EA.
- There is no education attainment data for 50EA.
- The top three industries in 2021 are State Government, Excluding Education and Hospitals, Restaurants and Other Eating Places, and Local Government, Excluding Education and Hospitals.
| Location | Population (2021) | Labor Force (Jun 2022) | Jobs (2021) | Cost of Living | GRP | Imports | Exports |
|---|---|---|---|---|---|---|---|
| Region | 310,580 | N/A | 160,890 | 136.7 | $22.73B | $32.24B | $39.03B |
| 9 Bay Area Counties | 7,663,400 | 4,072,714 | 4,323,613 | 155.2 | $1.19T | $759.04B | $1.05T |
| Eastern US (including TX) | 253,025,893 | 125,394,296 | 123,555,680 | 97.9 | $16.57T | $6.32T | $9.44T |
| 50EA | 310,580 | N/A | 160,890 | 136.7 | $22.73B | $32.24B | $39.03B |
| United States | 333,523,253 | 165,012,360 | 163,553,353 | 100.0 | $22.75T | $0 | $10.94T |
| El Dorado County, CA | 197,635 | 91,985 | 67,355 | 137.9 | $8.77B | $14.00B | $8.01B |
| Sacramento County, CA | 1,586,160 | 717,919 | 751,904 | 135.4 | $108.22B | $148.12B | $211.62B |
Population Trends
As of 2021 the region's population increased by 4.8% since 2016, growing by 14,222. Population is expected to increase by 3.5% between 2021 and 2026, adding 10,818.
Millennials
Your area has 57,962 millennials (ages 25-39). The national average for an area this size is 62,981.
Retiring Soon
Retirement risk is about average in your area. The national average for an area this size is 90,962 people 55 or older, while there are 96,919 here.
Racial Diversity
Racial diversity is about average in your area. The national average for an area this size is 123,100 racially diverse people, while there are 112,238 here.
Place of Work vs Place of Residence
Understanding were talent in the region currently works compared to where talent lives can help you optimize site decisions
Where Talent Works
| ZIP | Name | 2021 Employment |
|---|---|---|
| 95630 | Folsom, CA | 42,764 |
| 95670 | Rancho Cordova, CA | 29,675 |
| 95742 | Rancho Cordova, CA | 21,377 |
| 95827 | Sacramento, CA | 17,239 |
| 95762 | El Dorado Hills, CA | 15,409 |
Where Talent Lives
| ZIP | Name | 2021 Workers |
|---|---|---|
| 95630 | Folsom, CA | 35,591 |
| 95670 | Rancho Cordova, CA | 26,062 |
| 95762 | El Dorado Hills, CA | 20,183 |
| 95667 | Placerville, CA | 17,435 |
| 95682 | Shingle Springs, CA | 14,849 |
Workforce
Major Occupations (jobs)
Fastest Growing Occupations - Last 5 years
Top Employers
Costs
Industry
Top Industry (by total businesses)
By output/grp
Diversity
Racial Profile
Educational Attainment
Population in thousands.
Age Cohort
Data source EMSI 2022