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 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 151 Jan. 54 +179.6 Camarillo 13 Jan. 0 -- Fillmore 0 Jan. 0 -- Moorpark 0 Jan. 0 -- Ojai 0 Jan. 0 -- Oxnard 1 Jan. 2 -50.0 Port Hueneme 0 Jan. 0 -- Santa Paula 0 Jan. 0 -- Simi Valley 60 Jan. 0 -- Thousand Oaks 66 Jan. 42 +57.1 Ventura 0 Jan. 5 -- 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 $34.0 Jan. $14.6 +133.6 Camarillo $3.8 Jan. $0.7 +409.9 Fillmore $0.0 Jan. $0.0 -- Moorpark $0.2 Jan. $0.0 -- Ojai $0.1 Jan. $0.1 0.0 Oxnard $0.9 Jan. $0.5 +85.2 Port Hueneme $0.0 Jan. $0.1 -- Santa Paula $0.0 Jan. $0.0 -- Simi Valley $10.1 Jan. $0.7 +1,288.8 Thousand Oaks $13.9 Jan. $8.4 +65.4 Ventura $0.4 Jan. $1.5 -77.1 Value of commercial / industrial permits (in millions of dollars) Ventura County $3.7 Jan. $7.9 -52.7 Camarillo $0.1 Jan. $1.3 -91.5 Fillmore $0.0 Jan. $0.0 -- Moorpark $0.1 Jan. $0.0 -- Ojai $0.1 Jan. $0.6 -- Oxnard $0.5 Jan. $0.5 -1.6 Port Hueneme $0.0 Jan. $0.1 -- Santa Paula $0.0 Jan. $0.0 -- Simi Valley $0.5 Jan. $0.7 -24.9 Thousand Oaks $0.9 Jan. $1.1 -15.9 Ventura $0.9 Jan. $1.1 -19.1 INFLATION RATE Southern California 0.90% Jan. 1.40% -0.50 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 $208.9 Jan. ’96 $196.7 +6.2 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 401 Jan ’96 325 +23.4 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