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Long Beach Demographics

INTRODUCTION

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Welcome to Long Beach, the gateway to Southern California. The city is ideally situated between Los Angeles and Orange County, giving Long Beach businesses access to a massive business-to-business and business-to-consumer base. Long Beach combines big-city amenities with the relaxed atmosphere of a quintessential California coastal town. There are business corridors and charming neighborhoods, local innovation coupled with an historic airport and a global port, California State University Long Beach and an award-winning school district, and one of the most diverse populations in California. All of this blends together to create a vibrant, world-class city with small-town friendliness.

LOCATION

A single word sums up Long Beach’s location: Convenience. The city is a mere 30-minute drive from West LA, Downtown LA and Irvine.

GETTING HERE

Traveling to and from Long Beach couldn’t be easier. Visitors can fly directly to the Long Beach Airport via Alaska Airlines, America West / US Airways, Delta or Jet Blue Airways. Moreover, Los Angeles International Airport (LAX) and John Wayne Airport in Orange County are less than 25 miles away. When traveling by car, four freeways – 405, 605, 710 and 91 – provide quick access to downtown and greater Long Beach.

COOL PLACES
Within a 30-minute drive:

• Angel Stadium of Anaheim
• Aquarium of the Pacific
• Beverly Hills / Rodeo Drive
• Disneyland
• Hollywood
• Home Depot Center
• Knott’s Berry Farm
• Queen Mary
• Rose Bowl
• Staples Center
• Universal Studios Hollywood

ECONOMIC DATA

More than 15,000 businesses, employing approximately 225,000 workers, choose to operate businesses in Long Beach. Boeing, Bragg Companies, Direct TV, Epson, Gulfstream and Scan Health Plan are just a few of the major companies with corporate offices here. They come to Long Beach for its business-friendly attitude, city-sponsored business assistance and tax incentive programs, and central location.

INTERNATIONAL TRADE

Port of Long Beach
The Port of Long Beach is one of the reasons Long Beach is the gateway to Southern California and serves as a key transportation hub in the global trade marketplace. It is the second busiest port in the United States, and together with the Port of Los Angeles, is the fifth busiest in the world. More than $100 billion worth of cargo moves through the port each year, ranging from clothing, furniture and machinery to petroleum. Long Beach-generated trade supports 1.4 million jobs throughout the United States – 316,000 (or one in 22) in Southern California – and generates about $15 billion in annual trade-related wages.

Foreign Trade Zone
Long Beach’s Foreign Trade Zone (FTZ) is a secured area within the U.S. where merchandise can be admitted without the immediate payment of U.S. Customs duties or excise taxes.

Businesses by Type
Banking/Insurance — 0.2%
Contractor — 3.4%
General Services — 56.1%
Manufacturing — 1.7%
Other — 1.2%
Professional Services — 10.4%
Recreational/Entertainment — 0.2%
Retail — 22.9%
Vending — 0.9%
Wholesale — 2.9%
Source: City of Long Beach, 2006

Business Growth
2001 — 3,638
2002 — 3,924
2003 — 4,037
2004 — 3,899
2005 — 4,536
Source: City of Long Beach, 2006

Total Retail Sales
(Dollars in billions) Huntington Beach — $2.1 Santa Monica — $2.3 Irvine — $3.2 Torrance — $3.2 Long Beach — $3.7 Source: California Retail Survey, 2007

Growth in Retail Sales
Long Beach — 5.5%
Torrance — 2.6%
Huntington Beach — 3.6%
Orange County — 6.5%
Los Angeles County — 5.6%
Source: California Retail Survey, 2007

Taxes
Property Tax Rate — 1.03% of assessed value
Sales Tax Rate — 8.25%
Utility User Tax — Rate 5%
Enterprise Zone — Covers 78% of the city’s — commercial and industrial space

Sales Tax Revenues (Dollars in millions)
1996 — $22.4
2000 — $35.3
2005 — $43.1
Source: City of Long Beach, 2006

RESIDENTS

As the gateway to Southern California, Long Beach is home to a large and diverse population. It is the fifth-largest city in California with nearly 500,000 residents who enjoy the city’s 345 days of sunshine, 88 parks, eclectic neighborhoods, award-winning schools and cultural amenities.

Long Beach Population (Rounded to the nearest thousand)
1970 – 359,000
1980 – 361,000
1990 – 429,000
2000 – 462,000
2010 – 518,000
Source: U.S. Census Bureau, 2005

Age
Under 5 years — 34,805
5-19 — 101,834
20-34 — 104,847
35-54 — 138,954
55 and over — 83,516
Source: U.S. Census Bureau, 2005

Population by Race/Ethnicity
White — 202,592 — 43.7%
Hispanic* — 184,326 — 39.7%
Other — 112,566 — 24.3%
Asian — 65,816 — 14.2%
Black — 60,695 — 13.1%
Pacific Islander — 2,378 — 0.5%
American Indian, Eskimo, Aleut — 2,206 — 0.5%
Two or more races** — 17,703 — 3.8% * Includes Hispanic persons of all origin and race **
“Two or more races” refers to persons choosing to describe themselves as a combination of two or more of the non-Hispanic race categories listed above. Source: US Census Bureau, 2005

Household Income
Average $61,327
Median $43,746
Per capita income $23,266
Source: US Census Bureau, 2005 Estimates

Median Home Price Comparison
Long Beach — $500,000
Torrance — $600,000
Huntington Beach — $700,000
Source: US Census Bureau, 2005

FAST FACTS

Work
Employment
(2005): 224,300
Source: State of California Employment Development Department

Unemployment Rate: 4.9%
Source: State of California Employment Development Department, January 2007

Number of Businesses in City (2006): 15,000
Source: City of Long Beach, 2006

Retail Sales in City (2006): $3.7 billion
Source: California Retail Survey, 2007

Drive from Downtown Los Angeles and Central Orange County: 30 minutes

Port of Long Beach: The ports of Long Beach and Los Angeles together are the fifth busiest complexes in the world.

HotZone: Free Wireless Internet District – Downtown Pine Avenue and Long Beach Airport

Live
5th largest city in California, 32nd largest in the United States

Average Days of Sunshine per year: 345

Population (2006): 490,166

Median Age: 33.6
Source: U.S. Census Bureau, Census 2005, American Community Survey

Median Household Income: $43,746
Source: U.S. Census Bureau, Census 2005, American Community Survey

Median Home Price (2006): $500,000
Source: 2006 DataQuick Real Estate News

Higher Education Opportunities: California State University Long Beach, Long Beach City College, DeVry University, Pepperdine University, Brooks College

Long Beach Airport: Alaska Airlines, America West / US Airways, Delta, Jet Blue Airways

Play
Arts: Long Beach Museum of Art, International City Theater, Museum of Latin American Art, Long Beach Symphony Orchestra, Musical Theater West, Long Beach Playhouse

Libraries: 12

Parks: 88 (2,125 total acres)

Beach Acreage: 541 (372 acres of navigable waterways)

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