Ventura County Economic Profile

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Latest Current reporting Year Percent level period ago change POPULATION Ventura County 720,508 Jan. ’95 708,992 +1.6 Camarillo 58,472 Jan. ’95 56,562 +3.4 Fillmore 12,872 Jan. ’95 12,937 -0.5 Moorpark 27,544 Jan. ’95 27,202 +1.3 Ojai 8,154 Jan. ’95 7,927 +2.9 Oxnard 154,558 Jan. ’95 152,034 +1.7 Port Hueneme 21,772 Jan. ’95 21,893 -0.6 Santa Paula 27,093 Jan. ’95 26,887 +0.8 Simi Valley 103,660 Jan. ’95 103,834 -0.2 Thousand Oaks 112,600 Jan. ’95 110,391 +2.0 Ventura 100,677 Jan. ’95 97,080 +3.7 EMPLOYMENT Agriculture 14,800 Dec. 13,200 +12.1 Oil & gas extraction 1,700 Dec. 1,800 -5.6 Construction 10,500 Dec. 10,000 +5.0 Durable manufacturing 20,200 Dec. 20,600 -1.9 High technology 9,200 Dec. 9,400 -2.1 Non-durable manufacturing 8,100 Dec. 8,100 0.0 Transportation 11,100 Dec. 11,100 0.0 & public utilities Wholesale trade 11,900 Dec. 11,300 +5.3 Retail trade 47,600 Dec. 47,100 +1.1 Finance, insurance 12,500 Dec. 12,100 +3.3 & real estate Services 70,000 Dec. 68,600 +2.0 Government 43,500 Dec. 43,300 +0.5 Total employment in county 251,900 Dec. 247,200 +1.9 Employed residents 358,700 Dec. 355,400 +0.9 Unemployment rate 6.6% Dec. 6.4% +0.2 Total employment California (thousands) 12,774 Dec. 12,592 +1.4 Nation (millions) 124.9 Dec. 124.6 +0.3 BUILDING PERMITS Residential permits, single-family Ventura County 1,948 Jan.-Dec. 1,649 +18.1 Camarillo 173 Jan.-Nov. 129 +34.1 Fillmore 34 Jan.-Nov. 33 +3.0 Moorpark 106 Jan.-Nov. 161 -34.2 Ojai 10 Jan.-Nov. 4 +150.0 Oxnard 221 Jan.-Nov. 156 +41.7 Port Hueneme 0 Jan.-Nov. 0 -- Santa Paula 3 Jan.-Nov. 5 -40.0 Simi Valley 291 Jan.-Nov. 124 +134.7 Thousand Oaks 453 Jan.-Nov. 317 +42.9 Ventura 322 Jan.-Nov. 447 -28.0 All residential units, single-family and multiple 2,153 Jan.-Dec. 2,464 -12.6 Value of all residential permits (in millions of dollars) Ventura County $441.2 Jan.-Dec. $408.2 +8.1 Camarillo $35.4 Jan.-Nov. $35.1 +0.8 Fillmore $4.8 Jan.-Nov. $4.7 +2.8 Moorpark $26.4 Jan.-Nov. $47.0 -43.7 Ojai $1.9 Jan.-Nov. $2.2 -14.6 Oxnard $54.1 Jan.-Nov. $42.9 +26.1 Port Hueneme $0.9 Jan.-Nov. $1.3 -32.5 Santa Paula $1.4 Jan.-Nov. $0.9 +55.6 Simi Valley $68.3 Jan.-Nov. $35.5 +92.1 Thousand Oaks $106.4 Jan.-Nov. $87.5 +21.6 Ventura $55.5 Jan.-Nov. $77.7 -28.6 Value of commercial / industrial permits (in millions of dollars) Ventura County $194.7 Jan.-Dec. $157.1 +23.9 Camarillo $15.7 Jan.-Nov. $24.9 -37.0 Fillmore $0.9 Jan.-Nov. $0.5 +75.4 Moorpark $5.8 Jan.-Nov. $9.2 -36.7 Ojai $3.8 Jan.-Nov. $0.3 +1,381.8 Oxnard $30.0 Jan.-Nov. $28.5 +5.1 Port Hueneme $2.6 Jan.-Nov. $0.5 +371.9 Santa Paula $1.0 Jan.-Nov. $1.8 -42.0 Simi Valley $19.1 Jan.-Nov. $20.1 -4.9 Thousand Oaks $53.9 Jan.-Nov. $41.9 +28.6 Ventura $16.1 Jan.-Nov. $9.5 +68.6 INFLATION RATE Southern California 0.80% Dec. 1.00% -0.20 RETAIL SALES Cities by quarter (in millions of dollars) Camarillo $58.5 1995 Q3 $51.6 +13.4 Fillmore $11.7 1995 Q3 $10.6 +10.2 Moorpark $16.6 1995 Q3 $16.1 +3.2 Ojai $13.8 1995 Q3 $13.7 +1.4 Oxnard $260.0 1995 Q3 $246.9 +5.3 Port Hueneme $11.1 1995 Q3 $10.9 +1.5 Santa Paula $23.8 1995 Q3 $23.6 +1.1 Simi Valley $137.6 1995 Q3 $140.0 -1.7 Thousand Oaks $295.6 1995 Q3 $299.2 -1.2 Ventura $255.3 1995 Q3 $246.9 +3.4 HOTEL / MOTEL ROOM SALES (In millions of dollars) Camarillo 1.93 1995 Q4 1.86 +4.1 Ojai 2.41 1995 Q4 2.67 -9.7 Oxnard 3.07 1995 Q4 2.88 +6.7 Santa Paula 0.17 1995 Q3 0.17 +0.5 Simi Valley 1.60 1995 Q4 1.62 -1.3 Thousand Oaks 2.97 1995 Q4 2.90 +2.4 Ventura 4.13 1995 Q4 3.18 +29.9 MEDIAN HOME PRICES (In thousands of dollars) Ventura County $200.1 Jan.-Dec. $206.5 -3.1 Camarillo $220.3 Jan.-Oct. $228.6 -3.6 Fillmore $153.8 Jan.-Oct. $160.9 -4.4 Moorpark $238.2 Jan.-Oct. $221.2 +7.7 Ojai $205.0 Jan.-Oct. $207.4 -1.1 Oxnard $172.5 Jan.-Oct. $173.8 -0.7 Port Hueneme $136.7 Jan.-Oct. $142.4 -4.0 Santa Paula $139.7 Jan.-Oct. $153.1 -8.7 Simi Valley $178.2 Jan.-Oct. $177.8 +0.2 Thousand Oaks $266.2 Jan.-Oct. $266.2 +0.0 Ventura $193.0 Jan.-Oct. $185.1 +4.3 HOME SALES Ventura County 6,051 Jan.-Dec. 7,109 -14.9 MORTGAGE RATE Southern California average 7.38% 1995 Q3 6.76% +0.62 HOUSING VACANCY RATE Ventura County 5.0% 1995 5.0% +0.0 Camarillo 3.3% 1995 3.5% -0.2 Fillmore 4.3% 1995 4.0% +0.3 Moorpark 3.9% 1995 3.6% +0.3 Ojai 3.6% 1995 2.9% +0.7 Oxnard 5.0% 1995 5.3% -0.3 Port Hueneme 10.4% 1995 10.7% -0.3 Santa Paula 5.6% 1995 5.4% +0.2 Simi Valley 3.8% 1995 3.3% +0.5 Thousand Oaks 3.0% 1995 3.0% +0.0 Ventura 5.2% 1995 5.1% +0.1

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Prepared by: UC Santa Barbara Economic Forecast Project