Dense and bustling, Hayward is a center of industry and growth. Hayward's cost of living is 79% higher than the national average, making the job and housing markets very competitive--much like the rest of the San Francisco Bay Area. The average per-capita income in Hayward was $34,556 in 2003, 65% higher than the state average of $22,711.
Hayward is home to a California State University campus, as well as many city and community college campuses. Its city government has performed a number of revitalization projects, including remodeled transportation systems and a new library.
Hayward's economic profile mirrors that of larger Oakland, and many residents work in the same major industries:
- Healthcare
- County government
- Trade
Retail and trade are among the Oakland area's largest industries. Around 13% of Oakland's population works in the retail industry, and over 200,000 Oakland and Hayward residents are employed by the Port of Oakland, of the largest ports on the West Coast.
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