The Sacramento region is experiencing a profound shift in its competitive position, thanks in large part to an influx of entrepreneurs, businesses, creative professionals, and a highly-educated, STEM-driven talent base. In parallel, the profitability of California’s business community continues to top national charts. Combined, these quantifiable advantages have positioned the region as the preferred option for profitable growth within California – the world’s most innovative economy.
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A Value Proposition You Can't Afford to Ignore
Greater Sacramento provides access to the California innovation ecosystem, world-class talent and a mega-region of resources – all at a cost that allows for sustainable growth.
Direct access to a system of universities, anchored by the top UC schools, gives the region a powerful workforce – including 318,000 currently enrolled 4-year university students.
Relocating to Greater Sacramento from Seattle cuts employee expenses by nearly a third. For an employer, these cost savings multiply.
The Northern California Megaregion is a competitive marketplace of 12.2 million people, with a regional GDP that is the highest of any US megaregion.
We Are a Region on the Rise
Our regional talent continues to contribute to innovation and sustainable growth in key industry clusters. The region, which is currently ranked #4 In STEM-related Bachelor’s degrees in the West and Southwest, has over 480,000 residents with a bachelor’s degree – nearly 240,000 of whom are in a STEM field (48%).
Food production is a $54 billion industry in California, with over $21 billion coming from foreign exports. The Greater Sacramento area is at the forefront of Agritech innovation within this industry.
Life science and health service is a top employer category in Greater Sacramento, with 147,904 jobs in that industry. Greater Sacramento is a life science and health service destination.
Located in America's Most Profitable State, We Are The "California Option"
Profitability of the 10 states with the most Fortune 500 HQs
California has 51 Fortune 500 HQs. California companies are 2156% more profitable than Texas companies and 38% more profitable than New York companies. This profit amount includes California state taxes and regulations.
CA is 2156% more profitable
CA is 102% more profitable
CA is 120% more profitable
CA is 115% more profitable
CA is 291% more profitable
CA is 193% more profitable
CA is 38% more profitable
CA is 120% more profitable
CA is 393% more profitable
CA is 272% more profitable
Profitability of the 10 states with the most Fortune 500 HQs, excluding tech and telecom
Once you’ve removed tech & telecommunications, California is still the most profitable state to do business – more profitable than New York, Texas, Michigan, Illinois, and all other top Fortune 500 HQ states.
CA is infinitely more profitable
CA is 29% more profitable
CA is 32% more profitable
CA is 30% more profitable
CA is 296% more profitable
CA is 71% more profitable
CA is 3% more profitable
CA is 41% more profitable
CA is 197% more profitable
CA is 139% more profitable
Who Are We?
The Greater Sacramento Economic Council is a first of its kind organization in California, bringing together over 35 corporate CEOs and 19 communities in an economic partnership dedicated to building Sacramento and the Capital Region into California’s innovation corridor.
“We’re sending these cowbells to leaders in the Bay Area and across the country. Our dream is to bring all of these cowbells back together here in the Sacramento region and to bring this image to life”
– David Garibaldi