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 14,100 Jan. 12,500 +12.8 Oil & gas extraction 1,900 Jan. 2,100 -9.5 Construction 10,800 Jan. 9,300 +16.1 Durable manufacturing 22,000 Jan. 21,200 +3.8 CQindent High technology 9,900 Jan. 9,600 +3.1 Non-durable manufacturing 8,400 Jan. 8,300 +1.2 Transportation 10,600 Jan. 10,200 +3.9 & public utilities Wholesale trade 11,900 Jan. 11,500 +3.5 Retail trade 46,200 Jan. 45,100 +2.4 Finance, insurance 12,300 Jan. 11,600 +6.0 & real estate Services 72,600 Jan. 70,500 +3.0 Government 43,400 Jan. 42,900 +1.2 Total employment in county 254,200 Jan. 245,200 +3.7 Employed residents 356,300 Jan. 348,300 +2.3 Unemployment rate 7.6% Jan. 8.2% -0.6 Total employment California (thousands) 12,752 Jan. 12,355 +3.2 Nation (millions) 125.2 Jan. 125.0 +0.1 BUILDING PERMITS Residential permits, single-family Ventura County 1,948 Jan.-Dec. 1,649 +18.1 Camarillo 192 Jan.-Dec. 160 +20.0 Fillmore 38 Jan.-Dec. 33 +15.2 Moorpark 130 Jan.-Dec. 162 -19.8 Ojai 11 Jan.-Dec. 5 +120.0 Oxnard 245 Jan.-Dec. 156 +57.1 Port Hueneme 0 Jan.-Dec. 0 -- Santa Paula 3 Jan.-Dec. 5 -40.0 Simi Valley 349 Jan.-Dec. 124 +181.5 Thousand Oaks 470 Jan.-Dec. 326 +44.2 Ventura 370 Jan.-Dec. 463 -20.1 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 $39.7 Jan.-Dec. $40.9 -3.0 Fillmore $5.4 Jan.-Dec. $4.7 +14.2 Moorpark $32.2 Jan.-Dec. $47.2 -31.8 Ojai $2.2 Jan.-Dec. $2.7 -17.5 Oxnard $59.0 Jan.-Dec. $43.2 +36.7 Port Hueneme $0.9 Jan.-Dec. $1.3 -33.2 Santa Paula $1.4 Jan.-Dec. $0.9 +60.0 Simi Valley $83.2 Jan.-Dec. $36.4 +128.4 Thousand Oaks $109.9 Jan.-Dec. $93.1 +18.1 Ventura $61.3 Jan.-Dec. $80.4 -23.7 Value of commercial / industrial permits (in millions of dollars) Ventura County $194.7 Jan.-Dec. $157.1 +23.9 Camarillo $21.5 Jan.-Dec. $25.0 -13.9 Fillmore $2.9 Jan.-Dec. $1.0 +198.3 Moorpark $7.0 Jan.-Dec. $9.5 -26.1 Ojai $3.8 Jan.-Dec. $1.3 +181.6 Oxnard $43.9 Jan.-Dec. $29.3 +50.1 Port Hueneme $2.9 Jan.-Dec. $0.8 +244.2 Santa Paula $1.2 Jan.-Dec. $1.8 -34.3 Simi Valley $19.8 Jan.-Dec. $20.7 -4.5 Thousand Oaks $56.1 Jan.-Dec. $42.8 +30.9 Ventura $17.5 Jan.-Dec. $10.1 +72.8 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 $220.6 Jan.-Dec. $223.9 -1.5 Fillmore $154.4 Jan.-Dec. $162.0 -4.7 Moorpark $237.9 Jan.-Dec. $220.3 +8.0 Ojai $204.9 Jan.-Dec. $208.6 -1.8 Oxnard $172.8 Jan.-Dec. $175.4 -1.5 Port Hueneme $136.7 Jan.-Dec. $140.4 -2.7 Santa Paula $142.9 Jan.-Dec. $156.3 -8.6 Simi Valley $180.3 Jan.-Dec. $177.4 +1.7 Thousand Oaks $266.6 Jan.-Dec. $266.4 0.0 Ventura $193.4 Jan.-Dec. $187.6 +3.1 HOME SALES Ventura County 6,051 Jan.-Dec. 7,109 -14.9 MORTGAGE RATE Southern California average 7.38% 1995 Q4 6.68% +0.70 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