LA CANADA
La Canada is one of the wealthiest communities per capita in Southern California and this is reflected in the local economy. It also has one of the best school districts in the area, with nearly 98% of high school graduates going on to college. According to census statistics, approximately 80% of adult residents have attended college, and more than 50% hold college degrees. As you might guess, 54% of the employment sector is comprised of professional and executive work. Other white-collar jobs comprise another 32% of employment. Median household income is $109,989, significantly above state average. Unemployment in La Canada is also below the state average at only 2.7%, or 280 unemployed persons out of a total workforce of some 10,430. The number of homeowners (versus renters) is also significantly above the state average.
LA CRESCENTA
La Crescenta has a strong, well-educated work force, low unemployment, a rising real estate market, and is located in a beautiful crescent valley. Educational, health, and social services provide employment to 20.2% of the area population. Professional services, scientific and managerial services, as well as administrative and waste management services, comprise 14.8% of area employment. Another large sector is retail, making up 10.3% of the workforce. Financial services, insurance services, and real estate services comprise another 10.2%. And manufacturing provides another 10% of area employment. Unemployment is very low at 2.2%, with only 380 persons unemployed out of a total workforce of some 10,190.
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