Click here for the complete Local Economic Profile for Sonoma County.
Sonoma County has been enjoying solid, steady growth in population and income over the past several years and that trend should continue, based on this report. The Sonoma County Economic Development Board (EDB), in partnership with the Sonoma County Workforce Investment Board (WIB), and the Sonoma County Chamber of Commerce, is pleased to present the 2016 Sonoma County Local Economic Profile.
Highlights from this Local Economic Profile include:
■ Sonoma County’s seasonally unadjusted unemployment rate was 4.6% in July 2015, lower than California (6.5%) and the nation (5.6%) for the same month.
■ Between 2000 and 2015, the median household income in Sonoma County grew by 16% to $61,807. Looking into 2020, this growth is expected to continue with median income rising to $73,615, an increase of around 19% from 2015.
■ The average sales price for a home in Sonoma County in 2014 was $571,928, an increase of $137,750 from 2013. Healdsburg had the highest average sales price for Sonoma County in 2014, while Rohnert Park/Cotati had the lowest average sales price.
■ Total taxable sales in Sonoma County continued rebounding in 2013 with a gain of about 8.6%, while the state only increased 5.1%.
While every effort was made to ensure this report contained up-to-date information, certain data was unavailable at the time this report was released; thus, some figures may reflect years previous to 2015.
Thank you for your interest in the Economic Development Board’s research. For additional information, questions, comments, or suggestions please contact us at (707) 565-7170 or visit www.sonomaedb.org. For other county-specific questions, please visit www.sonomacounty.- ca.gov.