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Key Business Metrics

Kern County Entrepreneurial Metrics

The following metrics are designed to provide a measurable look at the entrepreneurial ecosystem in Kern County. Key indicators are divided by the four pillars of business ownership and updated as data becomes available.

Key Business Metrics

Kern County Entrepreneurial Metrics

The following metrics are designed to provide a measurable look at the entrepreneurial ecosystem in Kern County. Key indicators are divided by the four pillars of business ownership and updated as data becomes available.

STEM Degree Creation

(per 1,000 Population)

Score: 77.7

Ranking: 729/3110 Counties

The number of STEM degree graduates (at the bachelor’s, master’s and doctorate level) per 1,000 individuals from colleges and universities in the county or region.

Source: Integrated Post-secondary Education Data System

Jobs at Young Firms 

2018

Percentage: 11%

Ranking: 6/100 Metros

The annual percentage change in jobs at startup firms-companies less than one year old-in the region.

Source: Metro Monitor, Brookings Institution

Diversified Economy Index

2018

Score: 76.4 Ranking: 3/60 Large Metros

A comparative analysis across three key metrics: industry diversity, occupational diversity and worker-class diversity.

Source: WalletHub

Startup Business Dynamics

Standard Startup Rate

Percentage: 6.11% Ranking: 5/395 Metros

The percentage share of employment in firms less than one year old.

Source: Census Bureau and Moody’s Analytics

High-Tech, Early-in-Life-Cycle Establishment Ratio

Score: 163.1

Ranking: 415/3110 Counties

The proportion of small, high-tech firms in a region relative to the national proportion for high-tech. A value of 1 indicates that the region has a similar number of small firms relative to the nation for each high-tech industry present in the region.

Source: County Business Patterns (U.S. Census Bureau)

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