2011 Index of Silicon Valley - Silicon Valley Community Foundation

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Arts and Culture Silicon Valley’s cultural and social offerings contribute to building community attachment. SOCIETY WHY IS THIS IMPORTANT Art and culture are integral to Silicon Valley’s economic and civic future. Participation in arts and cultural activities spurs creativity and increases exposure to diverse people, ideas and perspectives. Creative expression is also important to an economy based on innovation. How well the region supports its arts and cultural organizations—especially in relation to household income—is an important measure of our overall vitality. A vital arts community is also a factor in a region’s attraction and retention of talent. Over the past three years, the John S. and James L. Knight Foundation and Gallup have gathered insights from nearly 43,000 individuals across 26 American communities about people’s emotional attachment to their community. According to the Knight Foundation, the drivers behind creating emotional bonds are common across places. Higher than jobs, the economy, and safety, people highly value an area’s physical beauty, opportunities for socializing, and a community’s openness to all people. In Gallup’s survey of Silicon Valley, residents were asked to rate the quality of “a vibrant nightlife with restaurants, clubs, bars, etc.” in each of the past three years. While still trailing many comparative regions, improvement was evidenced in 2010. After dropping from 23 percent to 18 percent between 2008 and 2009, 22 percent of residents polled in 2010 gave the region a high rating. In contrast, 28 percent of polled residents in other places gave their regions high marks. While reflecting only one facet of a vibrant cultural sector, nightlife has strong appeal for talented young college graduates – a driving force in our innovation-driven economy. Outpacing other regions, 19 percent of respondents scored Silicon Valley highly in terms of how welcoming the region is to young, talented college graduates in 2010. However, this represents a drop from 30 percent of respondents in 2008. HOW ARE WE DOING A healthy cultural scene includes both successful and supported nonprofit arts organizations as well as a vibrant commercial entertainment and nightlife sector. How residents rate these offerings is telling of their sense of attachment to place. In general, the survey results reveal that residents of other comparable regions rate the quality of local art and cultural offerings more highly than Silicon Valley’s residents. The survey polled residents on how they rated the arts and cultural offerings broadly, the vibrancy of nightlife, and social and community events in their regions. Residents were also asked how welcoming their region is to young, talented college graduates. When considering local arts and cultural offerings in general, 28 percent of Silicon Valley (San Jose MSA) residents gave the region high marks. In contrast, based on the nation-wide average of the 26 communities examined, 35 percent of residents in other places gave their regions high scores. Social and community events scored high ratings by 31 percent of Silicon Valley residents compared to 33 percent of polled residents in the other regions. 60% 50% 40% 30% 20% 10% 0% St. Paul, MN Cultural Offerings Percentage of Residents who Rate the Quality of Cultural Offerings in a Region Highly Philadelphia, PA Boulder, CO Palm Beach, FL Charlotte, NC Miami, FL San Jose, CA Arts and Cultural Opportunities Vibrant Nightlife Social Community Events Detroit, MI Data Source: Knight Soul of the Community, A Project of John S. and James L. Knight Foundation and Gallup Analysis: 1st ACT 36
Vibrant Nightlife San Jose-Sunnyvale-Santa Clara Metropolitan Statistical Area 25% 20% 15% 10% 5% Openness to Young, Talented College Graduates San Jose-Sunnyvale-Santa Clara Metropolitan Statistical Area 35% 30% 25% 20% 15% 10% 5% About the 2011 Index | 01 Map of Silicon Valley 02 | Table of Contents | 03 Index 2011 Highlights 04 | 05 Index at a Glance 06 | 07 Special Analysis 08 | 11 PEOPLE 12 | 15 ECONOMY 16 | 31 0% 0% 2008 2009 2010 2008 2009 2010 Data Source: Knight Soul of the Community, A Project of John S. and James L. Knight Foundation and Gallup Analysis: 1st ACT Data Source: Knight Soul of the Community, A Project of John S. and James L. Knight Foundation and Gallup Analysis: 1st ACT Openness to Young, Talented College Graduates Percentage of Residents Rating Highly of a Region 2010 25% 20% 15% Economic Success 32–33 Early Education 34-35 Arts and Culture 36-37 SOCIETY 10% Quality of Health 38-41 5% Safety 42-43 0% Boulder, CO San Jose, CA Charlotte, NC Miami, FL St. Paul, MN Philadelphia, PA Detroit, MI Palm Beach, FL PLACE 44 | 57 Data Source: Knight Soul of the Community, A Project of John S. and James L. Knight Foundation and Gallup Analysis: 1st ACT Special Analysis cont. 58 | 67 Appendices 68 | 72 Acknowledgments | 73 37
Page 1 and 2: i n d e x OF SILICON VALLEY 2011 PE
Page 3 and 4: ABOUT THE 2011 SILICON VALLEY INDEX
Page 5 and 6: TABLE OF CONTENTS 2011 INDEX HIGHLI
Page 7 and 8: Attracting talent from abroad is im
Page 9 and 10: SOCIETY Educational and health outc
Page 11 and 12: Special Analysis The Crisis in Loca
Page 13 and 14: Silicon Valley’s experience has m
Page 15 and 16: 40,000 Net Migration Flows Foreign
Page 17 and 18: Science & Engineering Degrees Confe
Page 19 and 20: MY Employment Total Employed Reside
Page 21 and 22: MY Total Number of Jobs in Employme
Page 23 and 24: MY 12,000 10,000 Patent Registratio
Page 25 and 26: MY Billions of Dollars Invested (In
Page 27 and 28: MY 0.5% 0.4% Percent of Population
Page 29 and 30: MY 100% 90% 80% Percentage of Nonem
Page 31 and 32: MY Per Capita Income (Inflation Adj
Page 33 and 34: MY Perfect Income Inequality = Gini
Page 35 and 36: Percentage of Eighth Graders Tested
Page 37: 50% 45% 40% Percent of Students Rec
Page 41 and 42: Percentage of Population with Healt
Page 43 and 44: Teen Births Teen Births per 1,000 F
Page 45 and 46: Number of Drug and Alcohol Rehabili
Page 47 and 48: Per Capita Water Consumption % Chan
Page 49 and 50: Fuel Consumption per Capita San Mat
Page 51 and 52: About the 2011 Index | 01 Map of Si
Page 53 and 54: 80% 70% 60% 50% Housing Near Transi
Page 55 and 56: Average Rent (Inflation Adjusted) A
Page 57 and 58: 10,000 9,000 8,000 7,000 6,000 5,00
Page 59 and 60: $9 8 Commercial Rents Annual Averag
Page 61 and 62: Figure 2-2 $4.0 City Revenue Aggreg
Page 63 and 64: These trends indicate that all majo
Page 65 and 66: Trends in County Revenue and Expend
Page 67 and 68: County Expenditures In terms of cou
Page 69 and 70: Based on San Mateo County June 2010
Page 71 and 72: Establishment Churn The National Es
Page 73 and 74: Time Required for Permitting of Ren
Page 75 and 76: ACKNOWLEDGMENTS Special thanks to t

2011 Index of Silicon Valley - Silicon Valley Community Foundation

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