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Morro Bay City, California Economic Analysis

   (County: San Luis Obispo County)

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Economic Analysis

People and the communities they live in depend on money. The people of Morro Bay City, California need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In California

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 9.98 9.46 7.28 4.53 0.00 8.84
  Total Electric Industry 9.98 9.46 7.28 4.53 0.00 8.84
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.79 10.04 7.58 5.05 0.00 9.42
  Total Electric Industry 10.79 10.04 7.58 5.05 0.00 9.42
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.07 10.33 7.59 5.54 0.00 9.66
  Total Electric Industry 11.07 10.33 7.59 5.54 0.00 9.66
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.30 10.46 7.33 5.05 0.00 9.69
  Total Electric Industry 11.30 10.46 7.33 5.05 0.00 9.69
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.43 10.90 7.09 5.00 0.00 9.78
  Total Electric Industry 11.43 10.90 7.09 5.00 0.00 9.78
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.61 10.49 7.37 6.73 0.00 9.91
  Total Electric Industry 11.61 10.49 7.37 6.73 0.00 9.91
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.33 9.83 6.97 6.45 0.00 9.48
  Total Electric Industry 11.33 9.83 6.97 6.45 0.00 9.48
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 11.50 9.98 6.95 7.50 0.00 9.54
  Total Electric Industry 11.50 9.98 6.95 7.50 0.00 9.54
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 10.60 9.66 6.59 5.06 0.00 9.03
  Total Electric Industry 10.60 9.66 6.59 5.06 0.00 9.03
1999              
  Energy-Only Providers 4.10 3.65 3.00 3.28 0.00 3.28
  Full-Service Providers 10.71 10.05 7.16 4.16 0.00 9.34
  Total Electric Industry 10.64 9.44 6.27 4.15 0.00 8.75
2000              
  Energy-Only Providers 13.64 7.82 6.78 9.36 0.00 7.63
  Full-Service Providers 10.85 10.55 7.22 4.79 0.00 9.66
  Total Electric Industry 10.89 10.25 7.14 4.87 0.00 9.47
2001              
  Delivery-Only Service 0.48 1.35 2.08 2.09 0.00 1.67
  Energy-Only Providers 13.21 8.02 7.49 10.78 0.00 8.21
  Full-Service Providers 12.08 12.41 9.54 8.47 0.00 11.41
  Total Electric Industry 12.09 12.15 9.23 8.48 0.00 11.22
2002              
  Delivery-Only Service 5.80 3.57 2.17 5.73 0.00 2.95
  Energy-Only Providers 8.12 6.00 6.18 17.16 0.00 6.14
  Full-Service Providers 12.63 13.84 10.23 6.53 0.00 12.52
  Total Electric Industry 12.64 13.36 9.81 6.60 0.00 12.19
2003              
  Delivery-Only Service 5.43 3.90 2.72 0.00 0.47 3.33
  Energy-Only Providers 7.41 5.76 6.18 0.00 3.47 5.94
  Full-Service Providers 12.23 12.83 9.79 0.00 7.38 12.05
  Total Electric Industry 12.23 12.48 9.59 0.00 5.80 11.78
2004              
  Delivery-Only Service 5.66 4.31 3.14 0.00 0.50 3.72
  Energy-Only Providers 6.88 5.90 5.95 0.00 3.59 5.90
  Full-Service Providers 12.20 11.81 9.33 0.00 8.03 11.53
  Total Electric Industry 12.20 11.64 9.27 0.00 6.42 11.35
2005              
  Delivery-Only Service 7.42 4.62 3.48 0.00 0.50 4.07
  Energy-Only Providers 9.52 6.83 6.68 0.00 3.95 6.75
  Full-Service Providers 12.49 11.97 9.39 0.00 8.11 11.71
  Total Electric Industry 12.51 11.92 9.55 0.00 6.55 11.63
2006              
  Delivery-Only Service 7.79 4.92 3.54 0.00 0.55 4.27
  Energy-Only Providers 10.57 7.66 7.17 0.00 3.82 7.41
  Full-Service Providers 14.32 12.93 9.95 0.00 7.66 12.92
  Total Electric Industry 14.33 12.90 10.09 0.00 6.29 12.82

(updated 2006)



Time Leaving to Work in Morro Bay City, California

12:00 A.M. TO 4:59 A.M.   : 143   (3.5%)
5:00 A.M. TO 5:29 A.M.   : 132   (3.3%)
5:30 A.M. TO 5:59 A.M.   : 95   (2.3%)
6:00 A.M. TO 6:29 A.M.   : 222   (5.5%)
6:30 A.M. TO 6:59 A.M.   : 343   (8.5%)
7:00 A.M. TO 7:29 A.M.   : 546   (13.5%)
7:30 A.M. TO 7:59 A.M.   : 701   (17.3%)
8:00 A.M. TO 8:29 A.M.   : 496   (12.2%)
8:30 A.M. TO 8:59 A.M.   : 249   (6.1%)
9:00 A.M. TO 9:59 A.M.   : 406   (10.0%)
10:00 A.M. TO 10:59 A.M.   : 165   (4.1%)
11:00 A.M. TO 11:59 A.M.   : 62   (1.5%)
12:00 P.M. TO 3:59 P.M.   : 258   (6.4%)
4:00 P.M. TO 11:59 P.M.   : 233   (5.8%)


(updated 2010)



Means Of Transportation
(Morro Bay City, California)

Car, truck, or van:

Drove alone : 3,131

Carpooled:

In 2-person carpool : 326

In 3-person carpool : 29

In 4-person carpool : 0

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 17

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 143

Walked : 283

Other means : 19

Worked at home : 241


(updated 2009)



Travel Time To Work
(Morro Bay City, California)

Less than 5 minutes : 231

5 to 9 minutes : 908

10 to 14 minutes : 493

15 to 19 minutes : 401

20 to 24 minutes : 622

25 to 29 minutes : 410

30 to 34 minutes : 523

35 to 39 minutes : 82

40 to 44 minutes : 16

45 to 59 minutes : 188

60 to 89 minutes : 41

90 or more minutes : 33


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Morro Bay City, California)

With Social Security income : 1,687

No Social Security income : 2,864


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Morro Bay City, California)

With retirement income : 1,410

No retirement income : 3,141


(updated 2009)



Family Income (Annual)
(Morro Bay City, California)

Less than $10,000 : 62

$10,000 to $14,999 : 38

$15,000 to $19,999 : 137

$20,000 to $24,999 : 211

$25,000 to $29,999 : 58

$30,000 to $34,999 : 168

$35,000 to $39,999 : 98

$40,000 to $44,999 : 157

$45,000 to $49,999 : 90

$50,000 to $59,999 : 349

$60,000 to $74,999 : 380

$75,000 to $99,999 : 256

$100,000 to $124,999 : 213

$125,000 to $149,999 : 124

$150,000 to $199,999 : 197

$200,000 or more : 144


(updated 2009)



Median Family Income (Annual)
(Morro Bay City, California)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $59,274


(updated 2009)



AM Radio Stations Near Morro Bay City, California

  • NEW (1060 AM; 10.0 kW; Arroyo Grande, CA; Owner: Hill & Glover Broadcasting, Llc)
  • KXTK (1280 AM; 2.5 kW; Arroyo Grande, CA; Owner: Pacific Coast Media Llc)
  • KYNS (1340 AM; 0.79 kW; San Luis Obispo, CA; Owner: Mapleton License Of San Luis Obispo, Llc)
  • KKJL (1400 AM; 1.0 kW; San Luis Obispo, CA; Owner: San Luis Obispo Broadcasting, Inc)
  • NEW (1580 AM; 1.3 kW; San Luis Obispo, CA; Owner: Amy Meredith)
  • KLFF (890 AM; 5.0 kW; Arroyo Grande, CA; Owner: The Collins Family Trust, Jerry & Catherine Collins,trustees)

FM Radio Stations Near Morro Bay City, California

  • KXDZ (100.5 FM; Atascadero, CA; Owner: Mapleton License Of San Luis Obispo, Llc)
  • KRKC-FM (102.1 FM; Bradley, CA; Owner: King City Communications Corporation)
  • NEW (90.9 FM; Cambria, CA; Owner: Gospel Spots, Inc)
  • KBDH (91.7 FM; Bradley, CA; Owner: Pataphysical Broadcasting Foundation, Inc.)
  • KXTZ (95.3 FM; Pismo Beach, CA; Owner: Mapleton License Of San Luis Obispo, Llc)

(updated 2008)



Occupations in Morro Bay City, California

Male:


  • Management, Professional, And Related Occupations: 685  (30.0%)
  • Service Occupations: 512  (22.4%)
  • Sales And Office Occupations: 328  (14.3%)
  • Farming, Fishing, And Forestry Occupations 90  (3.9%)
  • Construction, Extraction, And Maintenance Occupations: 413  (18.1%)

Female:


  • Management, Professional, And Related Occupations: 816  (37.1%)
  • Service Occupations: 470  (21.4%)
  • Sales And Office Occupations: 758  (34.5%)
  • Farming, Fishing, And Forestry Occupations 23  (1.0%)
  • Construction, Extraction, And Maintenance Occupations: 13  (0.6%)


(updated 2010)





There are 62 Farms In Morro Bay City, California


(updated 2008)



Banks In Morro Bay City, California

Jpmorgan Chase Bank, National Association - 1 Branches


    Bank Assets: $2b
    Industry Specialization: International
    Total Offices: 5,679

Bank Of America, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Wells Fargo Bank, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Rabobank, National Association - 1 Branches


    Bank Assets: $14.3m
    Industry Specialization: Agricultural
    Total Offices: 121

Founders Community Bank - 1 Branches


    Bank Assets: $168.1k
    Industry Specialization: Commercial Lending
    Total Offices: 3

Heritage Oaks Bank - 1 Branches


    Bank Assets: $1.6m
    Industry Specialization: Commercial Lending
    Total Offices: 17

(updated 2014)







Airports Near Morro Bay City, California

  • San Luis County Regional


    (about 15.4 miles in San Luis Obispo, California; Airport Code: SBP)

  • San Luis Obispo County Regional


    (about 15.6 miles in San Luis Obispo, California; Airport Code: SBP)

  • Oceano County


    (about 23.2 miles in Oceano, California; Airport Code: WQP)

  • Paso Robles Municipal


    (about 23.9 miles in Adelaide, California; Airport Code: PRB)

  • Santa Maria Public/Capt. G. Allan Hancock Field


    (about 39.7 miles in Orcutt, California; Airport Code: SMX)

  • Vandenberg AFB


    (about 47.5 miles in Lompoc, California; Airport Code: VBG)

  • Lompoc Airport


    (about 53.9 miles in Lompoc, California; Airport Code: LPC)


(updated 2015)



Modes of Transportation in Morro Bay City, California

Car, Truck, Or Van:

 

Drove Alone

74.81%

Carpooled

12.20%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.45%

Bicycle

1.09%

Walked

2.88%

Other Means

0.41%

Worked At Home

8.16%



(updated 2010)





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