- Household income is up 6.2%, compared to a nationwide average of 4.9%.
- 50,000 new jobs were created in the past two years-- not quite the 200,000 jobs lost in the dot-com crash. Employment is still up 2.9% (1.8% nationwide).
- Home prices are up 4% (1.4% nationwide). The median home price in Santa Clara County rose to $749,000.
- Auto sales are up 2.6%, whereas they're down 2.6% nationwide.
Another article talks about Google's impending brain-drain as their earliest employees approach the fourth year of vesting for their pre-IPO stock. Now that's a nice problem to have as an employee!
Check out both articles in the Merc for an interesting read!