Economic Development

How We Rank Against the Competition

Elk Grove is brimming with opportunities not just for small business owners and employers looking for quality candidates but also for professionals looking to secure employment and businesses looking to expand or relocate. The area is a prosperous place to call home. Just take a look at some of our recent accolades and statistics:

2023's "Top 100 Best Places to Live in the U.S."
Ranked as Top 3 rising luxury cities with the most diverse populations.
Ranked The Fastest Growing Mid-Size Economy In California And The 11th Fastest In The Nation
Ranked The 2nd Best City For Homeownership In California
Located within the Sacramento capital region — the center of the 5th largest economy in the world
Best Sacramento Suburb For Young Couples
Fastest Growing City For Millennial Home Ownership In California.
Ranked #7 Most Multi-Cultural City in America
2nd Largest City In The Heart Of A Rising Metropolitan Region With World Class Amenities.
Up To 50% Operating Cost Savings Compared To Most West Coast Metros.
Payrolls and rents are lower, land is affordable and abundant, and utilities are up to 30% less.

Our People are Pretty Amazing

Elk Grove’s location makes it a central hub for attracting and retaining a quality workforce as well as your ideal consumer base. We’re close to some of the best colleges in California, minutes from Sacramento and just a car-ride away from Silicon Valley.

Location

75 miles to Silicon Valley
12 miles to downtown Sacramento
25 minutes to the Sacramento International Airport

Talent Acquisition

62% of Elk Grove adults over 25 are college educated
The Elk Grove Unified School District is the fifth largest school district in California and the largest in Northern California. Offering over 60 career-themed academies and pathways within 13 industry sectors EGUSD has a 90% graduation rate
Proximity to some of the top colleges and universities including:

UC Davis
Sacramento State
University of the Pacific
Consumnes River College

Elk Grove Supports Small Business

Small businesses are at the heart of every community. They play a crucial role in the local economy, they impact the available jobs in the market, and behind every small business is a neighbor providing vital goods and services to the area. The Elk Grove community loves small businesses so much that they even created a team of dedicated Small Business Support Specialists that understand the unique needs and challenges you face and will assist you with any issue, big or small. Check out a few of the resources we offer:

The city has recently expanded its budget to include increased Small Business Incentive Program funding.
Development Impact Fee Deferral Program
Small Business Permit Assistance Program
Numerous business resources offered by the city
Start-Up Pitch Event
Support Local Campaign

For more information, view the City of Elk Grove’s Small Business Guide.

You’re in Good Company

Elk Grove has over 4,200 businesses and in 2021, the leading industries were retail, hospitality and food services, education, and health care and social services.

Pictured >> Courtesy of Greater Sacramento Economic Council

Major Corporations Call Elk Grove Home

Apple
Amazon
ALLDATA
California Northstate University
Kaiser Permaneante
Sutter Health
Dignity Health
UC Davis Medical Center
Cardinal Health
State of California

Projects Underway:

Sky River Casino - Opened August 2022! Sky River Casino and Resort includes 110,260 sq ft of gaming floor, upscale dining options and food hall, retail stores, over 30,000 square feet of event space, a movie theater, and a 302-room hotel. Check-in regularly to learn more about their future plans.
Project Elevate - A mixed-use development that includes retail, dining, entertainment, ofice, and residential uses, as well as a hotel is coming to the southeast corner of Elk Grove Boulevard and Big Horn Boulevard, This 20-acre property will elevate retail, dining, and entertainment amenities in the City and will be used as a central, public gathering space.
Dignity Health - The first full service hospital is making its home in the heart of Elk Grove. The first phase of development includes a new, 200,000 square foot, 100-bed hospital equipped with the latest technology, private rooms for every patient and bringing top-quality physicians to the area as part of the award-winning Mercy Medical Group.
Kubata - Kubota Tractor Corp. is working with the city of Elk Grove to establish a new, 701,000-square-foot division office, including some distribution and final manufacturing space

List of additional businesses recently opening in Elk Grove