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Local


THIS CALIFORNIA CITY HAS THE BEST JOB MARKET IN THE NATION, NEW STUDY SAYS.
HERE’S WHY

By Brianna Taylor
Updated May 23, 2024 1:20 PM

Getty Images


California is home to some of the best job markets in the nation, according to a
new finance study.

Three California cities landed on SmartAsset’s list of the top 20 job markets in
the United States, released Wednesday.



Santa Clara led the pack with a median income of $100,182 for individual
workers. That’s higher than any other city, SmartAsset said.

Carlsbad trailed behind at No. 9 with a median income of $81,755, followed by
Fremont at No. 16 with $91,722.

“With costs of living skyrocketing in recent years and the demand for different
skill sets changing, job seekers must be resourceful to find opportunities that
best suit them,” SmartAsset managing editor Jaclyn DeJohn wrote on the site.



“This could mean relocating for higher income, an improved work-life balance,
growth potential or benefits,” she adds.




DOES SANTA CLARA HAS THE BEST JOB MARKET IN US?

Santa Clara has the best job market among large U.S. cities, according to
SmartAsset.



The company cited a 53.4% increase in workers’ wages over the past three years
as the reason for the high ranking.

The unemployment rate is 4.8%.

The average monthly housing payment is $2,851 ,or, 34.1% of an individual’s
income. The study median is 40.2%


WHAT ABOUT OTHER CALIFORNIA CITIES?



Roseville was No. 75 on SmartAsset’s list of the best job markets in the nation,
followed by Sacramento at No. 165 and Elk Grove at No. 243.

Further down the list, Fresno and Stockton ranked at the bottom 60.

On the Central Coast, Santa Maria was 342nd out of 344.


WHICH US CITIES MADE THE TOP 20 LIST?



These cities were among the top 20 job markets in the U.S., according to
SmartAsset:

 1.  Santa Clara
 2.  Bellevue, Washington
 3.  Cary, North Carolina
 4.  Fishers, Indiana
 5.  Arlington, Virginia
 6.  Goodyear, Arizona
 7.  Seattle
 8.  Rochester, Minnesota
 9.  Carlsbad
 10. Frisco, Texas
 11. Westminster, Colorado
 12. Alexandria, Virginia
 13. Sandy Spring, Georgia
 14. Bend, Oregon
 15. Grand Rapids, Michigan
 16. Fremont
 17. Scottsdale, Arizona
 18. Hillsboro, Oregon
 19. Chattanooga, Tennessee
 20. Austin


HOW DID SMARTASSET COME UP WITH RANKINGS?

SmartAsset used 2022 data from the U.S. Census Bureau to analyze job markets in
the country’s largest cities. Places were ranked based on income, housing
affordability, remote work, commute time, unemployment and health benefits.

Nearly 350 locations were included on the list.



What do you want to know about life in Sacramento? Ask our service journalism
team your top-of-mind questions in the module below or email
servicejournalists@sacbee.com.

Loading…

This story was originally published May 23, 2024, 12:45 PM.



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--------------------------------------------------------------------------------

BRIANNA TAYLOR

twitter email phone 916-321-1019
Brianna Taylor covers affordability on The Sacramento Bee’s service journalism
desk as well as general news. Before joining The Bee in 2021, she reported in
Missouri and Maryland. She grew up on the East Coast and is a graduate of Morgan
State University.



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