\nCorona, 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 decrease by -5.8% 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.
Income and Salaries for Corona
- The average income of a Corona resident is $34,752 a year. The US average is $37,638 a year.
- The Median household income of a Corona resident is $95,268 a year. The US average is $69,021 a year.