Economic Development

Located adjacent to Interstate 5, 22 miles south of the Oregon border, Yreka is the largest full service community in Siskiyou County and is a pro-active business minded community
that offers unique state tax incentives including a Business Enterprise Zone. Yreka is actively seeking new businesses and welcomes your business inquiries to the offices of the Yreka Chamber. This community offers quality of life, low crime, excellent schools and a ready labor force. The Yreka Chamber of Commerce works closely with the City of Yreka and the County Economic Development Council in community business retention and expansion as well as in the relocation and recruitment of new businesses. Yreka is strategically located within the Shasta Valley Enterprise Zone for your business offering productivity enhancing quality of life.

Benefits to having a business within the Shasta valley Enterprise Zone:

  • Up to 100% Net Operating Loss carry-forward for 15 years.
  • Firms can earn $26,894 or more in state tax credits for each qualified employee.
  • Corporations can earn sales tax credits on purchases of $20 million per year of qualified machinery and/or parts.
  • Up-front expensing of certain depreciable property.
  • Lenders to Zone businesses may receive a net interest deduction.
  • Unused tax credits can be applied to future tax years, stretching out the benefits of the initial investment.
  • Enterprise Zone companies can earn preference points on state contracts.

Economic Profile

Description 1980 1990 2000 2005
Yreka Population 5,920 6,948 7,290 7,313
Occupied Dwellings – City 2,275 2,939 3,110 3,199
Yreka School Enrollment GR 1-12 1,910 2,007 1,833 2,034
Siskiyou County Population 39,400 44,531 44,301 45,050
Total Taxable Retail Sales in Yreka 70,600,000 83,000,000 131,971,800
Total Sales Tax Revenue in Yreka 706,000 1,066,075 1,682,882
Yreka Transient Occupancy Tax 95,192 274,142 388,687
Siskiyou County Total Taxable Sales 187,727,000 188,094,000 381,344,000

Sources: State Board of Equalization, City of Yreka and U.S. Census, Siskiyou County Assessor.