Dos Lagos 4.64 Acre Multi-Family Development Opportunity Kym Talbert Keller Williams

Community Profile

Corona, California is at the hub of growth within the Southern California region. It is a city of the future today. Incorporated in 1896, the farm community once known for its produce is now the gateway to economic growth for the Inland Empire. Its location at State Route 91 and Interstate 15 makes it the prime recipient of outward migration of companies from Orange and Los Angeles Counties.

The City is headquarters to a wide array of corporations and entrepreneurial operations. An abundance of housing from affordable to executive has created a diverse and fast-growing population for the City. As the City expands its regional leadership role during the 21st century, it is perfecting its vision and mission of providing an innovative environment for business to flourish and a high qualify of life for its citizens.

From 2000-2008, Corona added 22,462 people reaching 148,597, which represents an 18.0% growth. While low for Riverside County's average growth of 35.1%, the difference is attributed to the limited residential space being developed as executive housing. Of 48 Inland Empire cities, Corona ranked 10th in 2008 after being 1st in 2003. Currently, Corona's population ranked 7th in the Inland Empire, after nearby Ontario (176,690), in comparison, Corona would rank 6th in Orange County, after Garden Grove (173,067).

In 2006, its median household income reached $72,162, above both Orange ($70,232) and Riverside ($53,508) Counties. It ranked 6th highest in the Inland Empire and of Orange County's eight cities of over 100,000 people, only Irvine ($84,270) and Huntington Beach ($75,896) had higher incomes.

Corona's educational levels are benefiting from local educational efforts and the migration of upscale families from Orange County. In 2006, the share of its population aged 25 and over with a Bachelor's or higher degrees was 23.2%, placing it above Riverside (18.9%) and San Bernardino (17.4%) counties and just below Los Angeles County (27.7%). However, it was still well below San Diego (33.3%) and Orange (34.8%) counties. The share of Corona's adults who stopped their formal educations at high school was 46.0%. That was below Los Angeles (48.0%), Riverside (50.9%) and San Bernardino (52.1%) counties, though above Orange (36.9%) and San Diego (36.3%) counties.

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