1 Day
Source:
Los Angeles Times
Orange County leads in income growth
A recent study reveals that several California cities, including Anaheim, Irvine, and Santa Ana, experienced significant income growth in 2024, with Anaheim ranking second nationwide at a 16% increase. Factors contributing to this include rising minimum wages, growth in healthcare and tech sectors, and job creation attracting residents from elsewhere. Despite high living costs, these areas have shown strong economic expansion, particularly in Irvine, driven by research institutions and corporate presence, while San Francisco and San José also saw income gains in the tech industry.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)