Daily Life in Corona Ca
🏡 Housing costs in Corona?
Daily life in Corona, Ca is influenced by various factors, including housing costs. A typical home costs $654,500, which is 93.6% more expensive than the national average of $338,100 and 10.8% less expensive than the average California home, at $733,500. Renting a two-bedroom unit in Corona costs $2,240 per month, which is 56.6% more than the national average of $1,430 and 4.0% more than the state average of $2,150.
💰 Can I afford Corona?
To live comfortably in Corona, California, a minimum annual income of $125,280 for a family, and $71,600 for a single person is recommended.
The cost of living in Corona, CA is significantly higher than the US average. According to the context given, the median house value in Corona, CA is $654,500 while the US average house value is $338,100. Additionally, the Cost of Living Index for Corona is 147.6 whereas the US Average Cost of Living Index is 100. These figures demonstrate that living in Corona requires a higher income or more financial resources than comparable locations in other parts of the country.
⛅️ Crime Rate and Climate
Corona, CA has a lower crime rate than the United States average. The violent crime rate in Corona is 8.2, which is nearly half the US average of 22.7. Additionally, the property crime rate in Corona is 32.6, which is lower than the US average of 35.4. Although there is still room for improvement when it comes to reducing crime in Corona, these numbers demonstrate that the city is on track to becoming a safer place for its residents and visitors alike.
Crime is ranked on a scale of 1 (low crime) to 100 (high crime)
Corona violent crime is 8.2. (The US average is 22.7)
Corona property crime is 32.6. (The US average is 35.4)
During the winter months temperatures usually range from the mid-50s to mid-70s. The mild weather makes it a great place for people to enjoy outdoor activities year round. Rainfall is minimal, which also contributes to the pleasant climate in Corona, CA.
Corona, California gets 12 inches of rain, on average, per year. The US average is 38 inches of rain per year.
Corona averages 0 inches of snow per year. The US average is 28 inches of snow per year.
On average, there are 275 sunny days per year in Corona. The US average is 205 sunny days.
Corona gets some kind of precipitation, on average, 32 days per year. Precipitation is rain, snow, sleet, or hail that falls to the ground. In order for precipitation to be counted you have to get at least .01 inches on the ground to measure.
🚸 Schools in Corona
Corona, California is a city located in Riverside County and is home to approximately 160,000 people. Education in Corona is highly rated, with local schools receiving high marks on the state’s Academic Performance Index (API). The city also features a variety of private and charter schools that offer students more options for education than traditional public schools. Additionally, the Corona-Norco Unified School District provides students access to free or reduced lunch programs, as well as a range of extracurricular activities such as sports, music, art and clubs. With a strong focus on providing students with quality educational experiences, Corona is a great place for children to learn and grow.
Corona schools spend $8,565 per student (The US average is $12,383). There are 27 pupils per teacher, 0 students per librarian, and 790 children per counselor.
📊 Economy in Corona
Corona, CA is an attractive city with many local companies providing job opportunities for its residents. Located in the Riverside County region of California, Corona has been growing steadily in recent years due to its strong economy. Local businesses include AECOM, Kisco Senior Living, Apollo Group Inc., and Wal-Mart Stores Inc.
The cost of living is generally higher than the national average in Corona, especially when it comes to rent and groceries. The average 2-bedroom rent in Corona is around $2240 per month, which is approximately $810 more than the average US price of $1430. Grocery costs are also slightly higher than average with a grocery cost index of 101 versus 100 nationally.
Corona has an unemployment rate of 6.1%. The US average is 6.0%.
Corona has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.
Tax Rates for Corona
– The Sales Tax Rate for Corona is 7.8%. The US average is 7.3%.
– The Income Tax Rate for Corona is 9.3%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing Cost of Living.
Housing Stats
Housing in Corona, CA is significantly more expensive compared to the national average. The median value for a house in Corona, CA is $654,500 while the median value of a house in the US is $338,100. Additionally, over the past year, there has been an 8.27% appreciation across the US whereas in Corona the appreciation was 10.89%. This data highlights that not only are housing prices generally higher in Corona than elsewhere but also that real estate values have increased at a faster rate than across the country as a whole.
The median home cost in Corona is $654,500. Home appreciation the last 10 years has been 124.2%. Home Appreciation in Corona is up 16.4%.
Average Age of Homes
- The median age of Corona real estate is 28 years old
The Rental Market in Corona
- Renters make up 31.8% of the Corona population
- 1.5% of houses and apartments in Corona, are available to rent
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