FY 2425 2526 Recommended Operating Budget

About the City The City of Morgan Hill is located between the Diablo Mountain Range and the Santa Cruz Mountains, just 45 miles inland from the Pacific Coast. The City is located in the southern part of Santa Clara County, bordering San Jose and 10 miles north of Gilroy. Morgan Hill is a community that is rich in history and character and one of the most desirable communities in Silicon

Valley due to its thoughtful planning, abundance of open space, and small - town feel. Morgan Hill is home to approximately 45,000 residents with a median household income of $139,161, a median age of 38.5, and an estimated 2.84 residents per household. The population is 44.1% White, 34.7% Hispanic, 15.8% Asian, and 5.4% Other. The City ’ s housing stock is comprised of 15,233 homes of which 77% are single family homes and 74% are owner - occupied. Over 53% of the housing stock was built before 1990. There are 2,400 rental units and approximately 50% of those are deemed affordable. The City has a large portfolio of 600+ units in the Below Market Rate ownership program. New housing developments are required to construct 10% to 15% of all units as affordable. The City has 1,600 businesses which support nearly 19,000 jobs, of which 21% are associated with the manufacturing sector. The City ’ s largest private sector employers include Anritsu, Lusamerica, Paramit, Specialized Bicycle Components, and Toray Advanced Composites. The City ’ s diverse economy is supported by 7.7 million square feet of industrial space and 2.9 million square feet of commercial space. The City ’ s retail and commercial businesses generate 23% of the City ’ s General Fund revenue via Sales Tax and the City ’ s hotels generate 5% of the City ’ s General Revenue Fund revenue via the Transient Occupancy Tax charged to all hotel room night stays less than 30 days. Morgan Hill sits along US Highway 101, the main north - south freeway along the Pacific Coast providing a major route between Los Angeles and San Francisco. Morgan Hill is a short commute to the businesses in northern Silicon Valley and 30 minutes from the San Jose Airport. Caltrain runs 4 - times daily, connecting commuters to Bay Area employment centers. Public transit is also provided by Valley Transit Authority with limited bus service. The City ’ s rideshare program, MOGO, offers affordable on demand rideshare service for trips within a 10 - minute walk to all main destinations within the City.

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