A VIBRANT LOCAL ECONOMY, including jobs and opportunities for growth, creates an environment where people can afford to make ends meet and have the opportunity to achieve all they hope to accomplish.

Affordability

Being able to develop and build relationships from one generation to the next can also foster a sense of community and strong social networks.

Source: Santa Monica Wellbeing Survey, 2014
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INCOME VARIES DRAMATICALLY ACROSS THE CITY...

Income Inequality

Income inequality affects wellbeing. Studies have shown that Americans are happier when income inequality is low.

Source: U.S. Census, ACS, 2014
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Economic Worries

of Santa Monicans report at least one economic worry

Economic Worries

Being able to make ends meet, to keep a roof over your head and not being worried about bills are indicators of economic security.

Source: Santa Monica Wellbeing Survey, 2014
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Economic Opportunity

Feeling like you can advance and build long-term economic stability is key to wellbeing. In addition, it is important to have options for professional growth.


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Economic Diversity

Economic Diversity

A diverse economy supports wellbeing by reducing the risks of economic difficulty and ensuring the goods and services people want and need are within easy reach.

Source: City of Santa Monica Economic Development Department, 2014
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