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Consolidated Plan CITY OF PLEASANTON 23 OMB Control No: 2506-0117 (exp. 09/30/2021) Educational Attainment – Median Earnings in the Past 12 Months Educational Attainment Median Earnings in the Past 12 Months Less than high school graduate 32,690 High school graduate (includes equivalency) 43,839 Some college or Associate's degree 58,175 Bachelor's degree 103,342 Graduate or professional degree 132,204 Table 9 ‐ Educational Attainment by Age Data Source: 2016-2020 ACS Based on the Business Activity table above, what are the major employment sectors within your jurisdiction? According to the City’s Economic Profile Report FY2024-2028, the top 10 largest employing industries in Pleasanton are: professional services, healthcare and social assistance, information, government, construction, retail trade, accommodation and food services, administrative & support services, manufacturing, and management of companies. Approximately 841,270 people work in Alameda County, and 59,750 of those jobs are located in Pleasanton. Describe the workforce and infrastructure needs of the business community: Pleasanton is a highly-competitive employment center, with long term growth that has outpaced the Tri- Valley and East Bay. Despite a drop in employment during the economic downturn in 2009-2012 in Hacienda business park – the largest concentration of employment in Pleasanton and a bellwether for the City’s economy – the city experienced a rapid recovery beginning in 2012 and continued job growth extending into early 2020. Pleasanton provides excellent accessibility to a diverse, well-educated and highly-skilled labor force as the city’s location provides access to workers throughout the region – especially the East Bay and the Silicon Valley – via the I-580 and I-680 freeways, as well as offering commute options via BART and ACE trains. This accessibility allows for mobility of goods and workers, which is a primary consideration for employers. As well, Pleasanton offers high-quality business districts with diverse types and sizes of Class A office, Class B office, and flex space, often with supporting amenities and infrastructure. Office space in Pleasanton is generally much lower in cost than other core Bay Area locations that offer similar types of office products, which is an important asset to businesses across a range of industry sectors. While Pleasanton’s built environment offers many advantages for business development, because much of the City’s housing and commercial space was built in auto-centric, low-density development patterns, the types of products currently offered are not in sync with changing employer and worker preferences. The existing employment centers are not well integrated with housing and retail, and some lack adequate data infrastructure. There is a need to provide the mixed-use, pedestrian-friendly, amenity- rich workplace districts integrating retail and housing that are increasingly sought by innovation-focused firms and workers. Page 187 of 694