The major industries that power Santa Monica and the rest of the Bay Area are educational, health, and social services, at 17 percent of the total economy; and manufacturing, at 15 percent. Here are a few of the top industries:
- Professional, scientific, and technical
- Ambulatory health care
- Motion picture and sound
- Real estate
The 2004 Labor Market Information Division reports that employment of Santa Monica, CA residents has undergone a dramatic upturn from 2002, with well over 73,000 professionals employed. The median income for a household in Santa Monica, CA is $50,714, while the median income for a family is $75,989.
Sources:
- California Government Web Site
- Economic Development Alliance for Business
- US Census Bureau, American Fact Finder
- US Bureau of Economic Analysis
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