Creating a Sustainable Economic
Development Environment in Our
Community: Do We Have One?
By: Jamshid Damooei, Ph.D.
October 2005
Center for Leadership and Values
School of Business
California Lutheran University
Why Sustainable Economic
Development?
A community can experience high level of
production and employment while their
quality of life remains low
Even an affluent community can suffer
from drug abuse, environmental decay,
frantic pace of life, alienation, mounting
health problems
Principles of Creating a Sustainable
Economic Development
Ensuring a Better Quality of Life for the Community, Now
and for Generations to Come
Maintenance of High and Stable Levels of Economic
Growth and Employment
Prudent Use of Natural Resources and the Community
Competitive Advantages
Ensuring Social Progress Which Recognizes the Needs of
a Diverse Community
Considering the Long-Term Implication of Decisions
People of Our Community
Change in the Total Population Over Time
Ethnic Structure of Our Population
Population Projection in the decades ahead
Difference in the Ethnic Structure of Population
in Various Cities
People of Our Community
(Continued….)
High percentage of family households
throughout the county
Proportion of households with children or
with people 65 years and older across
different cities
Proportion of households headed by single
female with and without their own children
in different cities
Population Growth in Different
Cities of Ventura County
Population by City in Ventura County 1990 and 2000-2004
200,000
180,000
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
Camarillo
Fillmore
Moorpark
Ojai
Oxnard
Port Hueneme
San
Sant a Paula
Simi Valley
Buenavent ura
1990
2000
2001
2002
2003
2004
Thousand Oaks Unincorporat ed
Population Growth in Ventura
County
Ventura County Population Over the Decade (1993-2003)
9,000
6.00
8,800
5.00
8,600
4.00
8,400
8,200
3.00
8,000
2.00
7,800
1.00
Population in
Hundreds(00)
Population
% Change
7,600
0.00
7,400
7,200
-1.00
7,000
-2.00
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Ventura County Ethnic Structure in
Recent Past and Present
Change in Ethnic Structure of Ventura County in th years 1990, 2000 and 2004
70
60
Percent
50
1990
40
2000
30
2004
20
10
0
White
Black
Asian/Pacific
Islander
Hispanic
Native American
Indian
Ethnic Structure of Age Groups
Variation in Ethnic Distribution by Age Group
in Ventura County, 2000
90%
85%
76%
80%
Percentage
70%
58%
60%
50%
Hispanic
White Alone
Black Alone
57%
48%
47%
43%
42%
40%
33%
32%
Asian Alone
Other
30%
16%
20%
10%
10%
2%
4% 4%
2%
4% 4%
2%
6%
2%
1%
5%
1%
1%
3%
1%
2%
5%
0%
Under 5 years
5 to 17 years
18 to 64 years
65 to 84 years
85 years & over
Total
3%
Ethnic Structure in the Years to
Come
Population Projection: Ethnic Distribution
Ventura County
2000-2040
70.0
White
60
60.0
55
Black
50
46
50.0
40.0
37
34
31
44
42
41
Hispanic
30.0
20.0
10.0
6
2
0.5
2
0.5
2
11
10
9
8
0.4
2
0.4
2
0.0
2000
2010
2020
2030
Asian &
Pacific
Islander
2040
0.3
Native
American
Indian
Proportion of Household with
Children or Older people
Proportion of Household with Children and Older people
23.1%
41.0%
With Children(<18)
With older people(>65)
Education, Knowledge, and
Skills
Childcare and Early Childhood Education
Measuring Performance across Different
Groups of Students
Educational Needs of Our Community in
Relations to Labor Market for Now in the
Future
Need for Child Care in Ventura
County
Demand for Child Care in Ventura County for 2001
120,000
Number of Children/Slots
102,218
100,000
80,000
60,000
40,000
24,007
20,000
0
Children Needing Child Care
Licensed Child Care Slots
Source: California Child Care Resource & Referral Netw ork
Financial Ability for Having Child
Care for Working Parents
Portion Of Income Needed to Pay Child Care Costs For One
Infant In a Licenced Centre In Ventura County(2002)
50%
46%
45%
40%
% OF INCOME
35%
30%
25%
22%
20%
15%
10%
10%
5%
0%
Minimum wage (
$14,040/year)
Low income($
30,000/yer)
INCOME
Median Income($
65,285/year)
Educational Attainment in
Ventura County: 2001 - 2003
Educational Attainment in Ventura County
2001
2002
2003
12
10
%
8
6
4
2
0
High school
graduate
(includes
equivalency)
Some college,
1 or more
years, no
degree
Associate
degree
Level Of Education
Bachelor's
degree
Professional
school degree
Projection of the Future Needs of
Knowledge & Skills through 2014
Educational Attainment
Ventura County
0.50
0.45
0.40
0.30
0.25
0.20
0.15
Less High School
High School
0.10
Less BA
BA Plus
0.05
12
10
08
06
04
02
14
20
20
20
20
20
20
20
00
20
98
19
96
19
94
19
90
88
86
84
82
80
92
19
19
19
19
19
19
19
78
19
76
19
74
19
72
19
70
0.00
19
Percent of pop
0.35
Projection of Educational/Skill
Requirement in Near Future for the US
Percent change in number of jobs by most significant source of education or
training, projected 2000 - 2010 for the U. S.
Associate Degree
Doctoral Degree
Master's Degree
Bachelor's Degree
Work Experience + College
Degree
First Professional Degree
Postsecondary Vocational Award
Short-term On-the-job Training
(OJT)
Moderate OJT
Work Experience
Long-term OJT
0%
5%
10%
15%
20%
25%
30%
35%
Projection of Educational/Skill
Requirement in Near Future for Ventura
County (2001-2008)
Shorter OJT
Medium OJT
Longer OJT
Work Experience
Post-Sec VocEd
AA Degree
BA/BS
BA/BS+Exp
MA/MS
PhD
LLD/MD
0
5
10
15
20
% of New Jobs
25
30
35
40
2003 Weekly Earnings and
Unemployment – US Over 25
2003 Weekly Earnings and Unemployment - US Over 25
Weekly earnings
Unemployment Rate
$1,600
$1,400
10.0%
8.8%
$1,307
$1,349
9.0%
8.0%
$1,200
$1,064
$1,000
7.0%
6.0%
$900
5.5%
$800
5.2%
$622
$554
$600
5.0%
$672
4.0%
4.0%
3.3%
3.0%
2.9%
$396
$400
1.7%
2.1% 2.0%
$200
1.0%
$0
0.0%
Some high High School
School
Diploma
Some
College
Associate
Degree
Bachelor's
Degree
Master's
Degree
Professional
Degree
Doctorral
Degree
Standard of Living
Level of Income
Income Distribution
Poverty
Median Family Income- California
and Ventura County
Median Family Income in Ventura County 2000-2004
80
$ thousands
70
60
$67,305
$75,490
$68,334
$66,730
$63,389
$53,096
$54,298
$56,276
$56,530
$58,327
50
40
30
20
10
0
2000
2001
Ventura County
Source: US Census Bureau
2002
2003
California
2004
Median Family IncomeBy Region
Source: 2005 Ventura County Economic Impact Report and Site reports
Median Household Income
Median Household Income in Ventura County 2000-2004
70
$ in thousands
60
50
$60,303
$60,376
$55,685
$46,617
$48,139
$60,948
$50,220
$49,738
$65,260
$51,185
40
30
20
10
0
2000
2001
Ventura County
Source: US Census Bureau
2002
2003
California
2004
Families Below Poverty Level
Source: 2005 Ventura County Economic Impact Report and Site reports
Poverty Among Elderly Across
Different Cities
Poverty Among Children and Elderly in Ventura County
30000
25000
5000
3,925
4,684
4500
3,951
3,680
28,800
24,704
20000
4000
3500
29,685
24,648
2,379
15000
3000
2500
2000
21,327
1500
10000
1000
5000
500
0
0
2000
2001
0 - 17 yrs
Source: US Census Bureau
2002
2003
65+ yrs
2004
# of Elderly in Poverty
# of Children in Poverty
35000
Poverty By Ethnicity
Poverty by Ethnicity
# Below Poverty Level
50,000
49,275
44,498
40,000
46,254
48,495
39,200
36,520
30,000
20,000
10,000
0
2001
2002
White
2003
Hispanic
Note: The data sample for other ethnic groups was too small to be significant for this comparison
Source: US Census Bureau
Poverty By Ethnicity as a Percentage
of Population Below Poverty Line
% of Whites and Hispanics Below Poverty Line in Ventura County
%
20
15
17.2
15.0
13.3
10
8.3
7.4
7.9
5
0
2001
2002
White
Source: US Census Bureau
2003
Hispanic
Economic Development
Employment
Growth of Businesses
Salary Changes across Various Industries
Change in Employment Compared with
Changes in Salary across Various Industries
Building Consents
Change In Employment In Various
Industries Over the Decade
S t a t e & Loc a l Gov t .
Services
Fi na nc e , I nsur a nc e & R e a l Est a t e
Industry
R e t a i l Tr a de
Whol e sa l e Tr a de
Tr a nspor t a t i on & P ubl i c U t i l i t i e s
N ondur a bl e Goods
D ur a bl e Goods
M a nuf a c t ur i ng
C onst r uc t i on
M i ni ng
Tot a l Fa r m
-80.00
-60.00
-40.00
-20.00
0.00
20.00
40.00
percentage change
Ventura
California
60.00
80.00
100.00
$60,000
0.455
Salary (dollars)
$50,000
$40,000
0.274
$30,000
0.281
0.167
$20,000
0.131
$10,000
$0
State & Local
Govt.
Agriculture Manufacturing
Finance,
Insurance &
Real Estate
Services
Industry
Salary
%change over decade
0.5
0.45
0.4
0.35
0.3
0.25
0.2
0.15
0.1
0.05
0
Percentage change
Salary Change In The Top Five Industries (as per
employment) Over The Decade
Employment vs. Salary in Various
Industries
90,000
81600
80,000
Employment
70,000
60,000
51300
$55,285
50,000
40900
40,000
36300
$42,278
$41,372
$37,604
$35,661
30,000
$29,363
19600
$20,419
20,000
15500
11300
$19,685
13000
10,000
0
State & Local
Govt.
Agriculture
Manufacturing
Finance,
Insurance &
Real Estate
Services
Transportation
& Public
Utilities
Industry
Employment
Salary
Retail Trade
Wholesale
Trade
Housing
Housing Costs and Affordability
Change in Home Prices
State of Affordable Housing
Median Home Prices in California
and Ventura County
Median Home Prices in California and Ventura County 1998-2004
700
$587,847
$ in thousands
600
500
$462,520
$372,400
400
300
200
$295,080
$233,770
$200,100
$254,950
$217,510
$322,580
$241,350
$450,275
$372,720
$316,130
$262,350
100
0
1998
1999
2000
2001
Ventura County
Source: 2005 Economic Outlook Report, California Association of Realtors
2002
California
2003
2004
Housing Affordability in Ventura
County
Housing Affordability in California and Ventura County 1998-2004
45
40
35
44.4
41.3
39.8
37.1
%
30
35.6
31.4
25
33.3
30.9
32.2
29.1
20
25.9 26.3
15
17.5
10
5
0
1998
1999
2000
2001
Ventura County
Source: 2005 Economic Outlook Report, California Association of Realtors
2002
2003
California
2004
20
New Housing Construction in
Ventura County- 1995 to 2004
New Housing Development in Ventura County 1995-2004
4000
3662
3500
# of Units
3000
2500
2130
1954
2000
3157
2995
2811
2071
1790
1293
1500
1000
500
2342
2228
780
212
223
245
371
1997
1998
976
890
289
279
0
1995
1996
1999
Multi-Family Homes
2000
2001
2002
Single Family Homes
Source: 2005 Economic Outlook Report, California Association of Realtors
2003
2004
Housing Development as % of Total
County development- Single Family Homes
Single Family Home Development in Thousand Oaks and Oxnard as
% of Total Ventura County Development
70%
60%
50%
40%
30%
20%
10%
0%
1998
1999
2000
2001
2002
Thousand Oaks
Source: 2005 Economic Outlook Report, Construction Industry Research Board
2003
Oxnard
2004
Housing Development as % of Total
County development- Multi-Family Homes
Multi-Family Home Development in Thousand Oaks and Oxnard as
% of Total Ventura County Development
70%
60%
50%
40%
30%
20%
10%
0%
1998
1999
2000
2001
2002
Thousand Oaks
Source: 2005 Economic Outlook Report, Construction Industry Research Board
Oxnard
2003
2004
Health Care
Access to Healthcare Services
Insurance coverage
Health Insurance Coverage for Non-elderly
Adults (Age 18 – 64)
%
70
67.4
60
59.7
50
40
30
23.6
20
10
14.3
9.3
0
5.3
9
11.4
%Unins ure d All o r P a rt
% In s u r e d A l l Ye a r ,
% In s u r e d A l l Ye a r ,
% In s u r e d A l l Ye a r ,
o f Ye a r
Em p l o y m e n t - b a s e d
Me d i - C a l / He a l t h y Fa m
Ot h e r
2001
2003
Source: 2001, 2003 CA Health Interview Survey, UCLA Center for Health Policy Research, June 2002/ Feb 2005
Natural and Built Environment
Waste Management and
Recycling
Beach, Stream and Lake
Quality
Drinking Water Quality
Bio Diversity
Air Quality
Look and Feel of the City
Traffic and Transport
Public Transport
Noise Pollution
Air Quality In Ventura County
Air Quality in Ventura County
Days over the federal standard
80
68
67
70
66
60
47
50
46
40
32
30
20
29
23
13
17
24
23
17
14
10
5
2
2
1
2
1
1999
2000
2001
2002
0
1993
1994
1995
1996
1997
1998
Year
1-hr standard
8-hr standard
Pesticide Use By Pound, Ventura County
7,200,000
7,154,172
Quantity (in pounds)
7,000,000
6,800,000
6,600,000
6,614,896
6,589,411
6,482,850
6,430,535
6,400,000
6,200,000
6,000,000
1998
1999
2000
2001
Year
2002
Travel To Work For Workers 16 years And Older
Number of People
60000
59386
50201
50000
42458
40000
40622
37542
30000
26686
20000
20248
18353
14943
10000
13252
7956
6141
5874
0
Less
than 5
minutes
10 to 14
minutes
20 to 24
minutes
30 to 34
minutes
Time
40 to 44
minutes
60 to 89
minutes
Worked
at Home
Social Connectedness and Civil
Engagement
Community Strength
and Spirit
Charitable Giving
Electronic
Communication
Diversity
Involvement in
Decision Making
Voter Turnout
Charitable Giving
Charitable Giving Per Household
Charity
Religious
Other
$1,000
$800
$133
$133
$600
$400
$200
$0
$500
$471
$123
$99
$76
$420
$357
$383
$211
$208
$177
$152
$112
Ventura
County
Orange
County
Santa Barbara
County
California
United States
Philanthropic Opportunity
Philanthropic Opportunity Measured by Average
Household Wealth
$250,000
$200,000
$150,000
$100,000
$50,000
$0
Ventura
Orange
California
United
States
Los
Angeles
Riverside
San
Bernardino
Where Are We Now?
Elements of a sustainable economic development
are clearly evident
Our Community enjoys a high rate of educational
attainment
Ventura County is one of the leading counties in
terms of its median family income and wealth and
our community enjoys a high level of economic
well-being
Combination of high income and wealth present a
greater potential for higher degree of philanthropic
activities
Where Are We Now?
Our community enjoys diverse economic potential
in agriculture, commerce, industry and tourism.
Income disparity is a potential problem that may
be addressed through improvement in education
and vocational training, job opportunity, provision
of better health care and other basic needs.
We face some constraints for our future economic
growth in areas such as housing affordability,
traffic congestion, land use, environmental
sustainability
What Can Be Done?
Need to build consensus on how to attain
sustainable economic development
Promote an open dialogue between all
stakeholders on how to reconcile differences
Monitor progress on a continual basis
Treat diversity as an asset for building a strong
community
Build the necessary infrastructure as a vital
component of a sustainable development
What Can Be Done? (Continued…)
Consider economic growth as the main vehicle of
maintaining a sustainable development
Develop a diverse business climate and facilitate
their long-term prosperity within our community
Considering the long-term implication of
decisions made in our community
Thank you!
Jamshid Damooei, Ph.D.
Professor of Economics
Center for Leadership and Values, School of Business
California Lutheran University