Economic Development

The City of La Palma’s economic development activities are designed to stimulate local business growth, of both large and small companies, and generate additional new jobs in the community. The City is responsive to any new business that shows an interest in locating within the City as well as attracting complementary new businesses to become part of our business community.

Business Attraction and Retention

The City of La Palma understands the importance of a strong and thriving business environment. The City is keenly aware that the economic strength and stability of the City is largely dependent upon the local businesses that select La Palma as their place to do business.

The City’s retention and attraction initiatives includes marketing of La Palma’s strengths which include among other things, its ideal central and convenient location, exceptional public safety, qualified and educated labor pool, and excellent quality of life.

Grounded in La Palma’s pro-business attitude is direct personal outreach to companies as a complementary component of our business retention and attraction effort. Business access to the Mayor and executive staff is a scheduling priority. For those looking to expand or relocate in La Palma, the City has a “Jump Start” program which is a no-fee pre-development consultation. We also offer no-charge Zoning Verification letters to minimize risk and encourage lenders. The City strives to help its valued businesses with their compliance with State and Federal regulations.

Business Licenses

Business Licenses are required for all businesses located or operating in the City of La Palma. For new businesses the first year license fee is only $96.00 and can be purchased on-line.

Business Resources and Assistance

1. California Business Incentives Gateway (CBIG) https://cbig.ca.gov/

2. North Orange County Chamber http://www.nocchamber.com/

3. Small Business Administration https://www.sba.gov/ 

4. Service Corps of Retired Executives (SCORE) Orange County Chapter http://www.score114.org/

United States Government Websites

Excellent sources of historical data and economic projections.

1. U.S. Census Bureau

2. Bureau of Labor Statistics is a good source of historical data related to unemployment and inflation (CPI and PPI).

3. US. Department of Commerce, Bureau of Economic Analysis a source of historic economic and industry specific data.

Economic Development Websites

There are many web sites that are dedicated to adding to the public’s general knowledge of economics, forecasting, economic research and forecasts, economics resources on the Internet, and the history of economic thought. These include:

1. National Bureau of Economic Research http://www.nber.org/ 

2. California Economic Trends http://www.californiaforecast.com/trends.html

3. Economic Policy Institute http://www.epi.org/

Detail Demographic Profile

Click HERE for La Palma's detail demographic profile.