California Economic Overview
Key economic indicators for California (CA). Population: 39,538,223.
Unemployment Rate
4.5%
Above national avg (~4.2%)
Median Annual Wage
$75,000
Source: Census ACS / BLS
Wage Growth (YoY)
+3.8%
Year-over-year change
Population
39.5M
Source: 2020 Census
About the California Economy
California has an unemployment rate of 4.5%, which is above the national average. The median annual wage is $75,000, with wages growing at 3.8% year-over-year. With a population of 39,538,223, California is the one of the largest state economy in the U.S.