Corona, CA Economic Overview
Located in Riverside County, Corona is home to more than 164,000 residents and is the third largest city in the county. Neighboring cities include Norco, Riverside, Chino Hills, and Yorba Linda.
Over the past 10 years, the population of Corona has increased by nearly 8% as more residents and businesses find Corona to be an affordable place to relocate and a more cost-effective market in which to do business. Corona businesses benefit from the area's efficient infrastructure system, skilled workforce, and the rich local economic development.
With a median household income of over $74,000 and an unemployment rate of just 5.2%, the economy in Corona continues to grow year after year. Last year, the median household income in Corona remained steady, while the employment base increased by 3.5% with nearly 74,000 people employed in the city.