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Cypress is a city located in southern California near the northern border of Orange County, California, USA. Though it is considered to be a suburb of Long Beach, it has many resident industries. As of May 2005 estimates, the city population was 48,863. Actor John Stamos of Full House fame and golfer Tiger Woods grew up in the city
As of the census of 2000, there were 46,229 people, 15,654 households, and 12,241 families residing in the city. The population density was 6,991.1/mi². There were 16,028 housing units at an average density of 2,423.9/mi². The racial makeup of the city was 65.61% White, 2.77% Black or African American, 0.59% Native American, 20.81% Asian, 0.40% Pacific Islander, 5.44% from other races, and 4.38% from two or more races. 15.65% of the population were Hispanic or Latino of any race.
There were 15,654 households out of which 38.8% had children under the age of 18 living with them, 60.0% were married couples living together, 13.3% had a female householder with no husband present, and 21.8% were non-families. 17.6% of all households were made up of individuals and 6.6% had someone living alone who was 65 years of age or older. The average household size was 2.93 and the average family size was 3.31.
In the city the population was spread out with 27.0% under the age of 18, 7.9% from 18 to 24, 30.2% from 25 to 44, 24.4% from 45 to 64, and 10.6% who were 65 years of age or older. The median age was 37 years. For every 100 females there were 94.9 males. For every 100 females age 18 and over, there were 90.5 males.
The median income for a household in the city was $64,377, and the median income for a family was $70,060. Males had a median income of $50,781 versus $36,337 for females. The per capita income for the city was $25,798. About 4.6% of families and 6.0% of the population were below the poverty line, including 7.2% of those under age 18 and 5.1% of those age 65 or over.
The closest beach to Cypress is Seal Beach, which is roughly 7.8 miles away from the center of Cypress
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 Retirement advice and news - CNNMoney.com
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As the faltering economy forces companies to cut back, employee perks are among the first things to go. And along with free coffee in the break room, the next thing your employer might axe is its contribution to your retirement savings plan. About 58% of companies in the U.S. offered employees a 401(k) match as of last year according to Watson Wyatt, a benefits consulting firm. But for cash strapped companies, reducing or eliminating the retirement contribution may be one way to cut back on costs during hard economic times. Frontier Airlines already announced that it was suspending its matching contributions to 401(k) plans earlier this year. Struggling automakers General Motors and Ford, as well as Dollar Thrifty Automotive Group and real estate firm Cushman & Wakefield also announced they would no longer be offering employer matches. |
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