In 2015, the state reported a range of unemployment from over 3% to nearly 12%, with the highest rates in the Central Valley.Īs you begin your California job search, look for communities with affordable housing, a growing job market, and career opportunities among the highest-paying jobs in California. Unemployment rates vary by region, as well. Vernon, a city of 55,000 residents outside Los Angeles, grew by over 98% in the last 10 years.

The 2020 Census found suburbs are growing faster than the state's metropolitan centers. The median home value in the city was $110,500, and the median rent was $860 a month. About two and a half hours from San Francisco, Clearlake residents reported a median household income of $31,550. According to the 2020 Census, San Francisco residents reported a median household income of $112,450, a median home value of more than $1 million, and median rent prices of $1,895 a month in 2019. According to the California Legislative Analyst's Office, residents spent more than one-third of their income on rent in 2016. MIT economists estimated that a single adult with no children needed to earn a minimum of about $39,000 a year to live in California in 2019. Overall, the state's cost of living exceeds the national average by about 50%, primarily due to housing costs. The median household income was $75,240 a year. Census Bureau, the average annual income for a single person living in California was $36,960 in 2019. Working and Living in CaliforniaĪccording to the U.S. They offer salaries that allow Californians to thrive in their communities. Consider these top-paying jobs in California.

You need to earn more than $80,000 a year - $150,000 in Los Angeles - to afford housing, savings, and incidentals in several communities. However, the average cost of housing in the state is much more expensive than the national average. It leads the nation in farm production and exports of computers, vehicles, and pharmaceuticals. The state boasts the largest economy in the United States - and one of the biggest in the world - with a gross domestic product of over $3 trillion as of 2020. In California, job seekers enjoy a thriving economy, great weather, and scenic beauty from the Pacific Coast Highway to the Sierra Nevada mountains. The Public Ivies, Little Ivies, and Other Ivy League Equivalents.

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