Modesto's 100-mile market radius encompasses over $1 Trillion of GDP, larger than 47 states. Modesto intersects agriculture, manufacturing, distribution, services and technology with affordable livability.
Modesto is a well-connected center of opportunity, within 90 minutes of the Bay Area, Sacramento, Fresno and Yosemite.
WITH TOP ACCESS TO MARKETS, RESOURCES, AND PARTNERS, MODESTO INVITES YOU TO BRING YOUR BUSINESS AND STAY.
Home to Advanced Manufacturing 4 Airports, 3 Railways, 2 Freeways Growing population and workforce
modesto is california-affordable
Cost of Living
55% lower than the Bay Area
29% lower average rent - Modesto $1,996 versus California $2,795 (Zillow)
43% lower median home price - Modesto $451,075 versus California $787,508 (Zillow)
34% less Income before Tax Needed - Modesto $119,000, versus SF/Oakland/Hayward $178,000, San Jose/Santa Clara/Sunnyvale $185,000 (MIT Living Wage Calculator for 2 working adults, 2 children)
Cost of Doing Business
50% less than the Bay Area (North Valley Thrive baseline assessment)`
50% lower Electric rates than investor-owned utilities and are rated 6x more reliable. (https://www.mantecabulletin.com/news/local-news/average-manteca-pge-bill-237-higher-than-mid/ )
More than 50% lower water cost than Cal Water service areas - Modesto $2.20/ccf vs. Stockton $4.82/ccf and San Jose $4.84cff
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Our community drives your future.
Modesto doesn’t just sit in the heart of California. We’ve got heart! Our community, enriched by individuals from diverse backgrounds and places, is renowned for its extraordinary spirit of unity and passion for pulling together to conquer big things. Whether it’s tailored solutions to facilitate new development or groundbreaking approaches to social issues, you can count on our community to show the love through the work.
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Economic Development is here to help, whether you need data to help make a decision or would like to discuss business or property development opportunities.