Rancho Mirage |
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Coachella Valley Information |
The Coachella Valley's unique location affords business owners easy access to nearby Los Angeles and San Diego markets as well as a qualified workforce and low-cost industrial and commercial land. Business owners and their employees will also enjoy an ideal climate, affordable housing and a superb quality of life. |
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Education, New Opportunities . |
Three Public institutions of higher education serve the Coachella Valley. Committed to sucess, College of the Desert serves as the Community College. The new California State University San Bernardino Palm Desert Campus moved into the first building at it's permanent site in time for the start of 2002 summer classes, while the University of California Riverside's Richard J. Heckmann International Center for Entrepreneurial Management's firs building is scheduled for completion in the fall of 2004. |
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Incentives. Unparalleled Benefits. |
The Coachella Valley is the only region in the nation that offers companies a Federal Empowerment Zone, a Federal Foreign Trade Zone and a State Enterprise Zone providing companies the following:
- Up to $53, 000 per employee in hiring credits over a 5-6 year period.
- Below market financing options.
- Reduction and/or elimination of import tariffs and duties.
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Transportation. Tremendous Access. |
- Interstate 10 connects the Coachella Valley west to Los Angeles and east to Phoenix and beyond.
- Highway 86 is Southern California's "NAFTA" Highway, linking the Coachella Valley to Mexicali, Mexico
- Union Pacific Railroad offers companies rail access to both West Coast Harbors and mid-America via the Coachella Valley.
- The Coachella Valley is served by SunLine Transit agency, which provides transportation to over 4.1 million riders annually.
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Assessed Valuatiation (billions) Coachella Valley Cities, 1990 - 2002. |
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POPULATION |
Population Growth Coachella Valley, Inland Empire & California, 1980-2002 |
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1980 |
1990 |
1980-1990 |
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2002 |
1990-2002 |
| Coachella Valley |
122,097 |
230,865 |
89.1% |
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336,398 |
45.7% |
| Inland Empire |
1,558,215 |
2,588,793 |
66.1% |
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3,427,987 |
32.4% |
| California |
23,668,145 |
29,758,213 |
25.7% |
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35,037,196 |
17.7% |
| Source: California Department of Finance, E-5 Reports |
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Population Growth Rates Coachella Valley & Other Major Areas 1990-2002 |
| Coachella Valley |
 |
| Inland Empire |
| California |
| Los Angeles |
| U.S. |
Note: Assumes Coachella Valley unincorporated population grows at 23.3% of city rate.
Source: CA Department of Finance, U.S. Census Bureau |
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Growth From 2000-2025, Coachella Valley |
| Year |
Population |
Annual Rate |
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| 1990 |
230,865 |
3.2% |
| 2001 |
336,398 |
2.5% |
| 2015 |
461,197 |
2.5% |
| 2025 |
586,182 |
2.3% |
| Source: CA Department of Finance 1990, 2002, SCAG forecast |
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Age Distribution, Coachella Valley, 2000 |
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Source: U.S. Census, 2000 |
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Ethnicity |
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EMPLOYMENT |
Employment in the Coachella Valley |
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Source: CA Employment Development Department |
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Employment By Sector
Coachella Valley & Inland Empire, 2002 |
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COACHELLA VALLEY |
INLAND EMPIRE |
Sector |
Employment |
Share |
Employment |
Share |
Retail Trade |
23,765 |
21.2% |
208,300 |
19.9% |
Hotel & Amusement |
17,180 |
15.4% |
34,000 |
3.3% |
Agriculture |
12,637 |
11.3% |
19,900 |
1.9% |
Construction |
11,967 |
10.7% |
86,600 |
8.3% |
Health Services |
8,826 |
7.9% |
75,000 |
7.1% |
Education |
7,747 |
6.9% |
115,300 |
11.0% |
Other Services |
7,123 |
6.4% |
73,900 |
7.0% |
Distribution |
5,434 |
4.9% |
87,800 |
8 .4% |
Source: State Employment Department |
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LARGEST FIRMS, COACHELLA VALLEY, 2003 |
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MANUFACTURING |
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| Armtec Defense Products |
Coachella |
| Viasys Health Care |
Palm Springs |
| Guy Evans, Inc. |
Thousand Palms |
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AGRICULTURE |
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| Tudor Ranch |
Mecca |
| Peter Rabbit Farms |
Thermal |
| Desert Canyon Farming |
Mecca |
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RETAIL |
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| Wal-Mart |
Cathedral City, Indio, La Quinta |
| Von's |
Several |
| Ralph's |
Several |
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TOURISM |
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| Marriott Hotels |
Palm Desert, Rancho Mirage |
| KSL Landmark |
La Quinta |
| Spa Casino |
Palm Springs |
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HEALTH |
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| Eisenhower Medical Center & Clinics |
Rancho Mirage |
| Tenet Health System Desert |
Palm Springs |
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| Source: Coachella Valley Economic Partnership |
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| Income, Coachella Valley, 2001 |
| Category |
Coachella Valley |
Inland Empire |
| Total Family Income |
$8,456,662,000 |
$81,341,529,000 |
| Average Household Income |
$68,096 |
$61,129 |
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HOUSING |
Home Prices, 3rd Quarter 2002, Coachella Valley & Nearby Jurisdictions |
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Source: Dataquick |
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New Home Sales, Coachella Valley, 1988-2002 |
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Note: 2002e based on 9 months
Source: Dataquick |
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Housing Type, Coachella Valley, 2000 |
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Source: U.S. Census, 2000 |
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Single Family Building Permits, Coachella Valley, 1990-2001 |
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TAXABLE SALES |
Taxable Sales Growth In A Decade, 1990-2000 |
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Taxable Sales Per Capita, 2001 |
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Taxable Retail Trade By Sector Coachella Valley Cities, 1999-2000 Multiply totals by $1000 |
| Sector |
2000 |
1999 |
| Apparel |
$162,806 |
$160,708 |
| General Merchandise |
$585,356 |
$593,394 |
| Food |
$226,685 |
$223,459 |
| Restaurants |
$452,996 |
$462,692 |
| Furniture & Appliance |
$257,921 |
$256,612 |
| Building Materials |
$208,752 |
$244,421 |
| Automotive |
$606,573 |
$709,424 |
| Service Stations |
$175,890 |
$166,355 |
| Other Retail |
$439,376 |
$422,201 |
| Total Retail |
$3,116,355 |
$3,239,265 |
| Non-Retail |
$762,988 |
$743,396 |
| Taxable Sales |
$3,879,343 |
$3,982,661 |
Note: 1999 total as reported. 1999 sectors based upon 1997-1998 levels and trends.
All taxable sales information source: CA Board of Equaliztion. |
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Taxable Retail Sales Growth Rates, 1995-2001 |
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Taxable Retail Sales Growth Rates (billions)
Coachella Valley Cities, 1990-2001 |
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Source: CA State Board of Equalization |
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Source: http://cvep.com/glance.htm |
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