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Rancho Santa Margarita Is 2018’s 7th Best California City for Finding a Job

December 06, 2018 6:40 PM | Rachel Coan (Administrator)

Finding a Job in Rancho Santa Margarita (1=Best; 127=Avg.)

  • 1st – Unemployment Rate for Residents with a Bachelor's Degree or Higher
  • 60th – Housing Affordability
  • 44th – Full-Time Employment
  • 1st – Disability-Friendliness of Employers
  • 24th – Access to Employee Benefits
  • 33rd – Annual Transportation Costs
  • 2nd – Safety
  • 1st – Unemployment Rate for High School Graduates
  • 11th – Median Annual Income

Things are looking good for job seekers in California. This past September, the Golden State added 339,600 new jobs, the third largest increase among thirty-seven states that saw their employment numbers go up. And the state’s come a long way since the financial crisis. California’s unemployment rate peaked at 12.2 percent — the highest point in nearly seven decades and far exceeding the national average of 9.7 percent at the time — but has declined to a healthy 4.1 percent today.

Since that precarious time in its history, California has experienced much growth in the technology sector and other high-wage industries. Altogether, the state boasts a $2.6 trillion economy which is larger than the individual economies of all but five countries.

That bodes well for California wages. Time cites the median household income in California as $64,500 in 2018. Prospective workers nonetheless should balance their job-hunting efforts with cost of living considerations, especially rising housing costs that have made living in the Golden State increasingly unaffordable for low-income earners.

To help California residents and prospective job hunters find the best cities for employment, WalletHub compared 254 cities in the state across 16 key metrics. Our data set ranges from monthly median starting salary to employment growth to housing and transportation costs. You can find the results, a detailed methodology and additional expert commentary below.

To continue reading, click here

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