DEVELOPMENT PARTNER www.goldenvalley.bank
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DEVELOPMENT PARTNER www.goldenvalley.bank
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Assessing Butte County’s economic vitality and its contributions to the California economy.
Butte County’s overall economic health can be measured across several indicators: employment, gross value of critical industry and the County’s GDP, as well as revenue generated.
Unemployment and employment rates offer an immediate reference point for the overall economic health of the County, helping to shed light on the strength of the local jobs market.
Though GDP reflects the overall economic output of the County, additional indicators like gross value of agricultural products–a critical industry of Butte County–and value of non-residential permits issued, round out a more nuanced snapshot of output.
Lastly, taxable sales help demonstrate the strength of revenue generated by the County.
Understanding quality of life through the lens of housing and impacts on daily life.
Whether it’s access to housing, income, or even time spent commuting to work, a snapshot of Butte County’s quality of life can in part be measured by indicators of these living standards.
Per capita income and population help illuminate wages relative to the overall population of the county, while commute time to work assesses employees’ day-to-day travel burden for earning income.
The current living conditions of Butte County residents can also be gleaned from the health of the housing market–evidenced by the overall percent of homeowners, the median cost of buying or selling a home, and the pace of new housing as reflected through residential permitting.
How Butte County’s students are being prepared for a brighter future and how workers critical to the county’s economic future are being trained.
Butte County’s preparedness in developing California’s future workforce can be understood in part by measuring K-12 academic performance and college completion rates.
Beginning with proficiency in core subject areas, English and Math, you can gain a snapshot of students’ academic progress and their paths to success as measured by high school students’ eligibility to enroll in a University of California (UC) or California State University (CSU) institution. Lastly, overall high school dropout rates round out a composite view of students’ likelihood to be prepared for the jobs market.
For students who enter college, a final measure of workforce preparedness is understanding the percent of adults, over 25, who have completed at least some college or received a bachelor's degree.
The top local industries powering Butte County’s economy.
The industries displayed are the top economic drivers of Butte County, as measured by the employment location quotient. Location quotient assesses a region’s specialization relative to the nation, effectively demonstrating the weighted economic impact of the local industry.
You may see each industries’ location quotient by selecting it on the dashboard. A location quotient of 1 shows that the local industry and nation are equally present; any quotients greater than one show increased local industry specialization whereas quotients less than one indicate lesser specialization compared with the nation.
Note that green location quotients indicate positive change since Q1 2019, while red indicates negative change.
The Butte County Key Economic Indicators contain a broad group of measures that can be used to assess the economic performance and competitiveness of the County. Rather than the traditional leading, coincident, and lagging classification systems, the Economic Indicators are grouped under 4 broad categories measuring economic change in the County along with key factors gauging the area’s future competitiveness:
Unemployment Rate
Unemployment rate is for civilian labor force, age 16 and over. Data source is Employment Development Department. The data is not seasonally adjusted; the change in this indicator is calculated from the change from the same month in the prior year to adjust for seasonal factors.
The unemployment rate is calculated by the Department by dividing the number of unemployed by the total labor force, as defined by the Department:
Employment
Includes all individuals who worked at least one hour for a wage or salary, self-employed, or working at least 15 unpaid hours in a family business or on a family farm. Those who on vacation, on other kinds of leave, or involved in a labor dispute, are also counted as employed. Data for Assembly. Senate, and Congressional Districts are estimated using the LAUS Census Share methodology using data from the 5-year American Community Survey (ACS) estimates. This approach assumes that the rates of change for employment and unemployment within the larger geographic area are the same as those within the smaller geographic area being estimated. Not seasonally adjusted. Data source is Employment Development Department. The change in this indicator is calculated from the change from the same month in the prior year to adjust for seasonal factors.
Real GDP
Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within an area, All Industry Total. GDP by state and county measures its "value added," equivalent to gross output (sales or receipts and other operating income, commodity taxes, and inventory change) minus intermediate inputs (consumption of goods and services purchased from other U.S. industries or imported). Data source is US Bureau of Economic Analysis. The change in this indicator is calculated from the change from the prior year.
Gross Value of Agricultural Products
Production value of all crops, livestock, and timber produced annually in the county. Data source is the annual Crop & Livestock Report by the County Agricultural Commissioner. The change in this indicator is calculated from the change from the prior year.
Non-residential Permits
The Indicator shows the value of building permits issued by all local agencies for non-residential construction, consisting of hotels and motels, non-housekeeping shelter, recreational, churches, industrial, parking garages, service stations, hospitals, offices, public works, schools/education, retail, other non-residential buildings, structures other than buildings, non-residential alterations, and residential garages. This indicator consequently measures the expansion of business and community infrastructure within the county. Data is from California Homebuilding Foundation. The CHF data is derived from a comprehensive monthly survey of local building departments.
While the CHF data is available monthly, the Indicator value is shown quarterly to provide a more stable comparison base. The change in the Indicator value is calculated as the change from the same quarter in the prior year.
Taxable Sales
Quarterly sales of taxable goods and services in the county. Data source is California Department of Tax and Fee Administration. The change in the indicator value is calculated as the change from the same quarter in the prior year.
Per Capita Income
Total annual per capita personal income consisting of income that persons receive in return for their provision of labor, land, and capital used in current production as well as other income, such as personal current transfer receipts. Data source is US Bureau of Economic Analysis. The change in this indicator is calculated from the change from the prior year.
Population
Calculated from the annual estimates and projections from Department of Finance as of July 1 of each year. Other months are taken as a straight-line distribution. Covers resident population and does not include armed forces overseas. The change in this indicator is calculated from the change from the same month in the prior year.
Commute Time To Work
Percentage of commuters spending 30 minutes or more commuting (one way). Data is from the US Census Bureau, American Community Survey 5-year survey results, generally published at the end of each year for the prior year. Change is calculated from the prior year.
Owner Occupied Housing
Percentage of all units that are owner-occupied. Data is from the US Census Bureau, American Community Survey 5-year survey results, generally published at the end of each year for the prior year. Change is calculated from the prior year.
Median Sales Price, Existing Homes
Median sales price for existing single-family homes. Data source is California Association of Realtors.
Residential Permits
Total number of residential units covered by building permits issued by local agencies. Data is from California Homebuilding Foundation. The CHF data is derived from a comprehensive monthly survey of local building departments. While the CHF data is available monthly, the indicator value is shown quarterly to provide a more stable comparison base. The change in the indicator value is calculated as the change from the same quarter in the prior year.
K-12 Math Proficiency
The Indicator is the percent of county students in grades 2-11 testing at the proficient level or above for math on the Smarter Balanced Assessment System through the California Center for Jobs & the Economy analysis of the Department of Education data. The change in the indicator value is calculated as the percentage change from the previous year.
K-12 English Proficiency
The Indicator is the percent of county students in grades 2-11 testing at the proficient level or above for English on the Smarter Balanced Assessment System through the California Center for Jobs & the Economy analysis of the California Department of Education data. The change in the indicator value is calculated as the change from the previous year.
UC/CSU Eligible High School Graduates
The Indicator is the share of graduating seniors in the county who have completed the A-G coursework required for admission to UC and CSU. The data is from California Center for Jobs & the Economy analysis of the California Department of Education data. The change in the indicator value is calculated as the change from the previous year.
Age 25+ Share: Bachelor's (ACS 5yr)
The indicator shows the educational attainment for the adult population age 25 and above, as the percentage with a BA, graduate, or professional degree. Data is taken from the US Census Bureau, American Community Survey, 5-year survey. The change is shown as the percentage change from the prior year.
Age 25+ Share: Some College (ACS 5yrs)
The indicator shows the educational attainment for the adult population age 25 and above, as the percentage with some college including an AA, but with no further degree. Data is taken from the US Census Bureau, American Community Survey, 5-year survey. The change is shown as the percentage change from the prior year.
High School Dropout Rate
Percent of the class cohort dropping out of school prior to graduation from high school for all students. Class cohorts are students who entered as freshman during one academic year who are tracked over four years until graduation. Data is from California Department of Education.
The industries displayed are the top economic drivers of Butte County, as measured by the employment location quotient. Location quotient assesses a region’s specialization relative to the nation, effectively demonstrating the weighted economic impact of the local industry.
Agriculture, Forestry, Fishing & Hunting
Wage and salary employment in establishments primarily engaged in growing crops, raising animals, harvesting timber, and harvesting fish and other animals from a farm, ranch, or their natural habitats. Data is from the US Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Due to seasonal factors, the change in the indicator value is calculated as the change from the same quarter in the prior year.
Utilities
Wage and salary employment in establishments primarily engaged in the provision of the following utility services: electric power, natural gas, steam supply, water supply, and sewage treatment and disposal. Data is from the US Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Due to seasonal factors, the change in the indicator value is calculated as the change from the same quarter in the prior year.
Health Care & Social Assistance
Wage and salary employment in establishments providing health care and social assistance for individuals. The Social Assistance component is primarily In-Home Supportive Services workers through the state’s Medi-Cal program. Data is from the US Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Due to seasonal factors, the change in the indicator value is calculated as the change from the same quarter in the prior year.
Other Services
Wage and salary employment in establishments primarily engaged in activities such as equipment and machinery repairing, promoting or administering religious activities, grantmaking, advocacy, and providing drycleaning and laundry services, personal care services, death care services, pet care (except veterinary) services, photofinishing services, temporary parking services, and dating services. Private households that engage in employing workers on or about the premises in activities primarily concerned with the operation of the household are included in this industry. Data is from the US Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Due to seasonal factors, the change in the indicator value is calculated as the change from the same quarter in the prior year.
Government
Wage and salary employment in federal, state, local, and tribal agencies. Data is from the US Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Due to seasonal factors, the change in the indicator value is calculated as the change from the same quarter in the prior year.
Retail Trade
Wage and salary employment in establishments primarily engaged in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Data is from the US Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Due to seasonal factors, the change in the indicator value is calculated as the change from the same quarter in the prior year.
Accommodation & Food Services
Wage and salary employment in establishments providing customers with lodging and/or preparing meals, snacks, and beverages for immediate consumption. Data is from the US Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Due to seasonal factors, the change in the indicator value is calculated as the change from the same quarter in the prior year.
Real Estate & Rental & Leasing
Wage and salary employment in establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. Also includes establishments primarily engaged in managing real estate for others, selling, renting, and/or buying real estate for others, and appraising real estate. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks. Data is from the US Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Due to seasonal factors, the change in the indicator value is calculated as the change from the same quarter in the prior year.
Construction
Wage and salary employment in establishments primarily engaged in the construction of buildings or engineering projects (e.g., highways and utility systems). Establishments primarily engaged in the preparation of sites for new construction and establishments primarily engaged in subdividing land for sale as building sites also are included. Data is from the US Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Due to seasonal factors, the change in the indicator value is calculated as the change from the same quarter in the prior year.
Average Annual Wage
Average wage and salary for all establishments in Butte County, expressed as an annual equivalent from the quarterly data. Data is from the US Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Due to seasonal factors, the change in the indicator value is calculated as the change from the same quarter in the prior year.
Average Annual Employment
Total wage and salary employment in Butte County for the quarter. Data is from the US Bureau of Labor Statistics, Quarterly Census of Employment & Wages. Due to seasonal factors, the change in the indicator value is calculated as the change from the same quarter in the prior year.
Total Establishments
Data is number of wage and salary jobs at all establishments reporting to the Unemployment Insurance program, representing about 99.7% of all wage and salary civilian employment in the US. The data is establishment based, meaning it counts the number of wage and salary jobs rather than the number of people employed. An individual worker may hold more than one job, but each job is counted separately in the data base. Similarly, the jobs may be full or part time, but each one is treated equally for the purposes of counting employment. All data is for quarterly averages.
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Butte County’s overall economic health can be measured across several indicators: employment, gross value of critical industry and the County’s GDP, as well as revenue generated.
Unemployment and employment rates offer an immediate reference point for the overall economic health of the County, helping to shed light on the strength of the local jobs market.
Though GDP reflects the overall economic output of the County, additional indicators like gross value of agricultural products–a critical industry of Butte County–and value of non-residential permits issued, round out a more nuanced snapshot of output.
Lastly, taxable sales help demonstrate the strength of revenue generated by the County.
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Unemployment rate is for civilian labor force, age 16 and over.
Update Frequency: End of the following month
Comparison: Same month previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Includes all individuals who worked at least one hour for a wage or salary, self-employed, or working at least 15 unpaid hours in a family business or on a family farm.
Update Frequency: End of the following month
Comparison: Same month previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Gross domestic product (GDP) is the measure of the market value of all final goods and services produced within an area.
Update Frequency: Yearly
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Production value of all crops, livestock, and timber produced annually in the county.
Update Frequency: Yearly
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Value of building permits issued for non-residential construction.
Update Frequency: 2 months after end of quarter
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Quarterly sales of taxable goods and services in the county.
Update Frequency: Quarterly
Comparison: Same period previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Whether it’s access to housing, income, or even time spent commuting to work, a snapshot of Butte County’s quality of life can in part be measured by indicators of these living standards.
Per capita income and population help illuminate wages relative to the overall population of the county, while commute time to work assesses employees’ day-to-day travel burden for earning income.
The current living conditions of Butte County residents can also be gleaned from the health of the housing market–evidenced by the overall percent of homeowners, the median cost of buying or selling a home, and the pace of new housing as reflected through residential permitting.
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Total annual per capita personal income received in return for their provision of labor, land, and capital used in current production as well as other income, such as personal current transfer receipts.
Update Frequency: Yearly
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Calculated from the annual estimates and projections from Department of Finance as of July 1 of each year.
Update Frequency: Monthly
Comparison: Same month previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Percentage of commuters spending 30 minutes or more commuting (one way).
Update Frequency: End of following year
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Percentage of all units that are owner-occupied.
Update Frequency: End of following year
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Median sales price for existing single-family homes.
Update Frequency: Monthly
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Total number of residential units covered by building permits issued by local agencies.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Butte County’s preparedness in developing California’s future workforce can be understood in part by measuring K-12 academic performance and college completion rates.
Beginning with proficiency in core subject areas, English and Math, you can gain a snapshot of students’ academic progress and their paths to success as measured by high school students’ eligibility to enroll in a University of California (UC) or California State University (CSU) institution. Lastly, overall high school dropout rates round out a composite view of students’ likelihood to be prepared for the jobs market.
For students who enter college, a final measure of workforce preparedness is understanding the percent of adults, over 25, who have completed at least some college or received a bachelor's degree.
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×The percent of county students in grades 2-11 testing at the proficient level or above for math on the Smarter Balanced Assessment System.
Update Frequency: First quarter of the following year
2020 Data is unavailable due to COVID-19
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×The percent of county students in grades 2-11 testing at the proficient level or above for English on the Smarter Balanced Assessment System.
Update Frequency: First quarter of the following year
2020 Data is unavailable due to COVID-19
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×The share of graduating seniors in the county who have completed the A-G coursework required for admission to UC and CSU.
Update Frequency: First quarter of the following year
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Educational attainment for the adult population age 25 and above, as the percentage with some college including an AA, but with no further degree.
Update Frequency: End of following year
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×For persons age 25 and over, percentage with highest educational attainment of a bachelor’s degree. Data is from the 5-year running average from the American Community Survey.
Update Frequency: End of following year
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Percent of the class cohort dropping out of school prior to graduation from high school for all students.
Update Frequency: First quarter of the following year
Comparison: Previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×The industries displayed are the top economic drivers of Butte County, as measured by the employment location quotient. Location quotient assesses a region’s specialization relative to the nation, effectively demonstrating the weighted economic impact of the local industry.
You may see each industries’ location quotient by selecting it on the dashboard. A location quotient of 1 shows that the local industry and nation are equally present; any quotients greater than one show increased local industry specialization whereas quotients less than one indicate lesser specialization compared with the nation.
Note that green location quotients indicate positive change since Q1 2019, while red indicates negative change.
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
×Average quarterly employment, number of establishments, and equivalent average annual wage for wage and salary employment.
Update Frequency: Quarterly
Comparison: Same quarter previous year
For more info on data and methodology click here.
For indepth charts, trends, and comparisons go to Center For Jobs.
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