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less than one , which implies that there are less jobs in those communities than can be filled by <br /> the resident labor force . In Pleasanton , there are more jobs available than the resident labor <br /> force can fill . <br /> Table 14 <br /> Calculation of Jobs/ Housing Ratios — Includes Comparison Places <br /> Mountain San Joaquin <br /> Item Formula Pleasanton Livermore Tracy Manteca House County <br /> All ratios are "minimum ratios " <br /> Residential Units Available [ 1] a 26,980 31,473 26, 223 25,306 41661 239,405 <br /> Number of Permanent Jobs b 63,462 46,744 23,732 16, 377 605 230,784 <br /> Employed Residents per Household c 1 .40 1 .56 1 . 64 1 .35 1 .44 1 . 32 <br /> Vacancy Rate d 3 . 9% 3 .4% 3 .4% 4. 7% 3 . 2% 6.5 % <br /> Required Housing e = (b/c) *(1 +d) 46,981 30,936 14, 964 12,673 434 185, 597 <br /> Jobs / Housing Ratio f = e/a 1. 74 0. 98 0.57 0.50 0.09 0. 78 <br /> Source: San Joaquin County, Mountain House Master Plan, California Department of Finance, and HEC. <br /> [1] Residential units as of 1/1/2016 . <br /> Comparison ratios are illustrated in Figure 2 . It is expected that as Mountain House continues to <br /> develop and more commercial space becomes available the minimum ratio will improve . <br /> Table 15 on the following page compares the three industry standard ratios using data provided <br /> in Table 4 . The standard industry ratio calculations also show Mountain House having lower <br /> jobs to housing ratios than the comparison places . <br /> Figure 2 <br /> Comparison of Minimum Job/Housing Ratios ( Master Plan Definition ) <br /> Pleasanton <br /> Livermore <br /> San Joaquin County L =- <br /> Tracy j__e _ _ s <br /> Manteca C_ rho>. <_ <br /> Mountain House <br /> 0 . 00 0 . 50 1 . 00 1 . 50 2 . 00 <br /> jMountain House First Jobs Housing Review Final November 2019 Page 20 <br />