Corona, California Income Statistics
Corona Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
B
Corona Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Corona | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $107,501 | $99,161 | $80,455 |
| Median Personal Income | $59,923 | $67,742 | $60,758 |
| Average Yearly Income Growth | 5.3% | 5.6% | 4.8% |
| Six-Figure Earners | 14.4% | 17.6% | 13.9% |
| $200k+ Households | 17.6% | 20.5% | 13.2% |
The median household income in Corona is about 8% higher than in California. Income has been growing slower in Corona (5.3%/yr) than in California (5.6%/yr).
About 14% of adults in Corona earn six figures ($100,000 or more) a year, lower than the California average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Corona, California grew by 39.7% from 2009 to 2024, reaching $107,501 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Corona
| Metric | Corona | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.571 | 0.572 | 0.552 |
| Male Median Income | $67,598 | $75,172 | $69,667 |
| Female Median Income | $58,586 | $66,071 | $56,850 |
| Gender Pay Gap | 13.3% | 12.1% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Corona, it is 0.571, about the same as California's 0.572, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 15% more than women's income in Corona, California. Over a 35-year career, a 15% wage gap accumulates to roughly $315,420 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Corona, California has narrowed from about 22% to 13% in 2024. Over that period the gap was widest at 26% in 2011. In dollar terms, the gap has narrowed by $2,998 since 2009.
Employment
| Metric | Corona | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.2% | 6.6% | 5.2% |
| Working from Home | 13.3% | 17.2% | 15.0% |
| Commute time (minutes) | 31 | 23 | 22 |
Approximately 4,288 people are unemployed in Corona, California.
The average commute time in Corona is 31 minutes, longer than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Corona, California has fallen from 11.6% to 5.2% in 2024. Over that period the rate peaked at 12.3% in 2012 and fell as low as 4.2% in 2020.
Corona, CA Wealth Compared With Nearby Cities
How Corona, CA compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Corona, CA | 156,111 | $107,501 #3/3 | 5.3%/yr #2/3 | 5.2% #3/3 | 0.571 #2/3 |
| Norco, CA | 25,734 | $127,870 | 4.7%/yr | 4.9% | 0.614 |
| Eastvale, CA | 55,018 | $166,268 | 5.7%/yr | 4.3% | 0.554 |
Conclusion
Considering all these factors, Corona, California has an overall wealth index grade of B, making it somewhat better than California, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Corona, California.
How Rich Is Corona, California?
Corona has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $107,501, about 8% higher than the California average of $99,161.
How has median household income changed in Corona, California?
Between 2009 and 2024, the median household income in Corona, California rose 40%, from $76,941 to $107,501. Over the same years, income here lagged behind California as a whole: +40% against +64%.
What was the median household income in Corona in 2023?
In 2023, the median household income in Corona, California was $105,607, up 4% from $101,830 in 2022. The California median that year was $96,718.
What was the median household income in Corona in 2020?
In 2020, the median household income in Corona, California was $87,230. By 2024 it had risen 23% to $107,501.
Is unemployment high in Corona, California?
Unemployment in Corona, California is only 5.2%, well below the California rate of 6.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Corona, California?
The Gini coefficient in Corona is 0.571. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Corona, California?
Since 2009, the income gap between men and women in Corona, California has narrowed from about 22% to 13% in 2024. Over that period the gap was widest at 26% in 2011. In dollar terms, the gap has narrowed by $2,998 since 2009.
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