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ABOUT CORONA:

Welcome to the city of Corona

QUALITY LIFESTYLE

• The estimated population is 153,000
• Average age of Corona residents is 30.6
• Corona's average household income is $82,187
• Spendable income of the residents in Corona increases 5-7% each year
• 41% of Corona's workforce holds management, professional and technical positions
• 60% of Corona's adults have attended college
• Corona's retail outlets averaged $1.25 million and outperformed RiversideCounty by 38.7%
• 28.4% of Corona households have earnings of $100,000 or more
• 37 developed parks totaling nearly 364 acres
• Since 1996, Corona's crime rate declined 52% while increasing its population 53% during the same period
• Corona has its own Police and Fire departments
• Two Metrolink stations serve the City of Corona
• Corona is within 25 minutes of two important airport

SUCCESSFUL BUSINESS ENVIRONMENT

• Annual taxable sales as of January 2006 were approximately $3.36 billion
• Corona's business expansions represented 18.5% of the expansions in the Inland Empire
• Assessed valuation of the City is estimated to be approximately $12 billion
• In the last 14 years, Corona's retail trade has nearly tripled, rising by $2.1 billion with non-retail base accounting for 41%
• Two major freeways (91 & 15) cross the City of Corona
• Corona has no utility user tax
• In 2005, Corona's job growth was 4.2%, outpacing the Inland Empire's 3.1% and the State's 2.4%

Source: City of Corona