American Financial Services Association - California
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American Financial Services Association

California

California

California (CA)


Capital: Sacramento

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State Code

Facts & Statistics

STATE STATISTICS
Population 2023 38,965,193
Population 2022 39,029,342
Population 2021 39,142,991
Population 2020 39,368,078
Population 2019 39,512,223
Population 2018 39,557,045
Population 2017 39,399,349
Population 2016 39,209,127
Below Poverty 2022 12.2
Below Poverty 2021 12.3
Below Poverty 2020 12.6
Below Poverty 2019 11.8
Below Poverty 2018 11.9
Below Poverty 2017 13.3
Below Poverty 2016 13.9
Employment – Population Ratio 2022 57.6
Employment – Population Ratio 2021 54.8
Employment – Population Ratio 2020 60.3
Employment – Population Ratio 2019 59.9
Employment – Population Ratio 2018 59.8
Employment – Population Ratio 2017 59.2
Employment – Population Ratio 2016 58.9
Unemployed 2022 5.7
Unemployed 2021 8.8
Unemployed 2020 8.2
Unemployed 2019 4
Unemployed 2018 4.2
Unemployed 2017 4.8
Unemployed 2016 5.5
Foreclosure Rate 2024 1 of 1404
Foreclosure Rate 2021 1 of 881
Foreclosure Rate 2018 1 of 2,382
Median Household Income 2021 81,575
Median Individual Income 2022 65,895
High School Graduation Rate 2022 87
High School Graduation Rate 2021 83.6
High School Graduation Rate 2020 84.2
High School Graduation Rate 2019 84.5
High School Graduation Rate 2018 83
Median Mortgage Payment 2021 2,523
GDP 2023 3,233.15 Billion
GDP 2022 3,167.46 Billion
GDP 2021 3,146.19 Billion
GDP 2020 2,925.15 Billion
GDP 2019 2,962.97 Billion
GDP 2018 2,850.97 Billion
STATE FACTS
Sequoia National Park contains the largest living tree. Its trunk is 102 feet in circumference.
Death Valley is recognized as the hottest, driest place in the United States. It isn’t uncommon for Summer temperatures to reach more than 115 degrees.
The first motion picture theater opened in Los Angeles on April 2, 1902.

 

Government

ELECTED OFFICIALS
Governor Gavin Newsom (D)
Lieutenant Governor Eleni Kounalakis (D)
Attorney General Rob Bonta (D)
Secretary of State Shirley Weber (D)
State Senate Control D – 31; R – 9
State House Control D – 62; R – 17

As of April 2025

Legislative Process

LEGISLATIVE DATES AND DEADLINES
Convenes December 2, 2024
Sine Die Adjournment September 12, 2024
Committee Action Deadlines N/A
Crossover Deadline N/A
Carryover from Previous Session No
Governor’s Signing Deadline (in session) 12 days; if the 12th day falls on a Saturday or Sunday, it is extended to next non-Saturday, Sunday or Holiday
Governor’s Signing Deadline (after adjournment) 30 days for bills received after adjournment in first year of the session; September 30 for bills in the second year
Veto Override 2/3 majority
Legislation Effective Date January 1, following 90 days from enactment

 

Notable Laws & Legislation

SAFE Act
California Consumer Privacy Act
Security Breach Notification Law
Retail Installment Sales Contract Law
California Financing Law
California Commercial Financing Disclosures Law
California Consumer Financial Protection Law

Enforcement

  • CA Attorney General Settlement with Vehicle Dealer re: Ancillary Products
  • CA Attorney General Settlement re: California Consumer Privacy Act Violations (August 2022)

Regulatory Actions

Regulatory Guidelines

Advocacy, Initiatives & Reports

AFSA Comment Letters
State Initiatives

 

Political Geography


Map of Legislative Districts
(Click to Enlarge)

County Map
(Click to Enlarge)