MyNeighborhood

Can you afford to live in Corona?

Median household income, home values and rent in Corona, CA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Corona.

Median household income: $106,438 — +43.5% since 2015 (not adjusted for inflation)

Median gross rent: $2,136/mo — +55.3% since 2015

Median home value, 2015 to 2023

  • 2015: 351900
  • 2023: 656500

Median household income

  • Corona: 106438
  • Riverside County: 89672
  • CA: 96334
  • U.S.: 78538

Median gross rent

  • Corona: 2136
  • Riverside County: 1814
  • CA: 1956
  • U.S.: 1348

Share of income a typical renter spends on rent: 33.6% — U.S.: 30.2%

What it means

The typical household here earns $106,438 — far higher than the national figure of $78,538.

The typical renter here spends 33.6% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+55.3% versus +43.5%), before adjusting for inflation.

Sources

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