Colton, CA: A Look at Its Local Economy and Business Opportunities

Colton economy

Did you know Colton, California, is called the “Hub City”? Since 1995, it has made $2 million in facility improvements. Its location near major roads and rail makes it a key spot for business growth.

The Economic Development Division in Colton helps businesses grow. It supports those starting, expanding, or moving to the city. Colton is growing with retail, warehouse, and manufacturing sectors.

Being close to Los Angeles and Orange Counties helps businesses. They get to enjoy city perks without the high costs. Colton also focuses on green development, adding electric vehicles and starting the Recharge Colton program.

Key Takeaways

  • Colton, CA is a strategic location for businesses with immediate access to major interstates and rail.
  • The city’s Economic Development Division provides assistance to companies looking to start, expand, or relocate to Colton.
  • Colton supports private sector investment as the engine for economic growth, with a focus on sustainable development.
  • The city’s location adjacent to Los Angeles and Orange Counties offers businesses lower-cost access to urban amenities and opportunities.
  • Colton is investing in green transportation technologies, such as expanding its electric vehicle fleet and implementing the Recharge Colton program.

Overview of Colton’s Economic Landscape

Colton, California, has a diverse and growing economy. It’s driven by key industries that are making the region prosperous. The city’s economy is adaptable and resilient, thanks to its various sectors.

Key Industries Impacting the Economy

Colton’s economy is strong because of several key industries. The city is home to major medical centers like Arrowhead Regional Medical Center and Loma Linda University Medical Center. These centers lead in healthcare innovation and workforce training.

The logistics sector also plays a big role. Colton’s location and infrastructure investment attract distribution and warehousing operations. This boosts the city’s economy.

The retail industry is also important in Colton’s economic diversification. The Hub City Centre is a new mixed-use project. It’s a hub for shopping, dining, and entertainment.

Recent Economic Developments

Colton’s economy has seen positive changes lately. Sales tax receipts from January to March 2013 were 9.1% higher than in 2012. This shows strong local workforce training and consumer demand.

In 2013, actual sales activity increased by 6.6% after adjusting for irregularities. This shows the city’s economic resilience.

The city’s unemployment rate has also dropped. It went from 12.9% in 2012 to 11.6% in July 2013. This is better than the state and national averages.

Future Growth Prospects

Colton’s future looks bright. The city has plenty of land for new businesses and investments. From retail and mixed-use areas to industrial land, Colton is ready to attract more businesses.

Colton's economy

“The Economic Development Division has been successful in attracting various businesses to Colton, such as Starbucks, Church’s Chicken, Dollar General, and Family Dollar, among others.”

Key MetricColtonCaliforniaUnited States
Unemployment Rate (June 2013)11.6%9.6%7.8%
Unemployment Rate (June 2012)12.9%N/AN/A
Unemployment Rate (Inland Empire, June 2013)10.3%N/AN/A
Unemployment Rate (Inland Empire, June 2012)12.7%N/AN/A

Business Environment in Colton

Colton, California, is great for startups and small businesses. It has many resources for entrepreneurs and business owners. This helps them succeed.

Local Business Resources

SCORE Inland Empire gives free business advice to anyone starting or running a business. The Inland Empire Center for Entrepreneurship (IECE) at California State University, San Bernardino, offers help too. They have professional advice, academic programs, and chances to network.

The Inland Empire Small Business Development Center (IESBDC) and Women’s Business Centers (WBCs) also help a lot. They offer training, funding, and access to experts. Colton’s Economic Development team helps with finding the right location, getting financial help, and getting licenses.

Networking and Business Associations

Colton has a lively business community. There are many groups for networking and professional growth. The Colton Chamber of Commerce and the Inland Empire Economic Partnership (IEEP) are examples. They help businesses connect, share ideas, and find entrepreneurship chances.

Successful Local Ventures

Colton has many thriving businesses. They show how good the public-private partnerships and cost of living are here. These businesses have grown and helped the local economy.

Entrepreneurs and small business owners can achieve their dreams in Colton. The city’s resources and business community make it a great place to start and grow a business.

Colton Business Environment

Water Damage Pros – San Bernardino: A Key Player

In Colton, California, Water Damage Pros is a key player. They help keep homes and businesses safe from water damage. They offer water damage restoration services to the local businesses and community in the service industry.

About Water Damage Pros

Water Damage Pros is known for their water damage restoration in Colton and San Bernardino. They are dedicated to quality and customer happiness. This has made them a key player in the business landscape.

Services Offered

They provide many services for water damage, including:

Community Impact and Involvement

Water Damage Pros does more than just fix water damage. They are involved in the local community. They support local initiatives and organizations. This shows their commitment to Colton and the surrounding areas.

Contact Information

For help with water damage, call Water Damage Pros at 951-903-5429. Their team is ready to help protect your property and keep you safe.

Frequently Asked Questions

Colton, California, is a great place for new and growing businesses. It has a good location, solid infrastructure, and a growing population. This makes it perfect for businesses in logistics, healthcare, retail, and manufacturing.

What are the main economic opportunities in Colton?

Colton’s strong transportation network is great for logistics and distribution. It also has a growing healthcare sector with many medical facilities. Retail and manufacturing offer lots of chances for growth and investment.

How can I start a business in Colton?

To start a business in Colton, contact the city’s Economic Development Division. They offer help with business licensing, incentives, and networking. They can guide you and connect you with the resources you need.

Who can I contact for more information on water damage restoration?

For water damage restoration in Colton, call Water Damage Pros at 951-903-5429. They are a top provider in the area. They offer complete solutions to fix water damage and help businesses and homeowners quickly.

What is the role of local businesses like Water Damage Pros in the economy?

Local businesses like Water Damage Pros are key to Colton’s economy. They provide important services, create jobs, and help the city grow. They meet local needs and attract new people and businesses, making Colton stronger.

FAQ

What are the main economic opportunities in Colton?

Colton is known as “Hub City.” It offers many economic chances in areas like logistics, healthcare, retail, and manufacturing. The city’s location near major highways and rail is a big plus. It also has lower costs for urban amenities, making it great for businesses.

How can I start a business in Colton?

To start a business in Colton, reach out to the Economic Development Division. They can help with resources and information. You can also get support from local groups like SCORE Inland Empire, the Inland Empire Center for Entrepreneurship, and the Inland Empire Small Business Development Center.

Who can I contact for more information on water damage restoration?

For water damage restoration in Colton, call Water Damage Pros – San Bernardino at 951-903-5429. They are experts in water damage restoration. They help keep homes and businesses safe and sound in the area.

What is the role of local businesses like Water Damage Pros in the economy?

Local businesses like Water Damage Pros are key to Colton’s economy. They offer vital services, create jobs, and help the city grow. Their work supports Colton’s goal to boost local businesses and the economy.

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