Downtown Corona median real estate price is $665,010, which is less expensive than 68.8% of California neighborhoods and 21.3% of all U.S. neighborhoods.
The average rental price in Downtown Corona is currently $2,419, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.3% of California neighborhoods.
Downtown Corona is an urban neighborhood (based on population density) located in Corona, California.
Downtown Corona real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Corona neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Downtown Corona are 5.7%, which is lower than one will find in 61.6% of American neighborhoods. Demand for real estate in Downtown Corona is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
NeighborhoodScout's exclusive research identifies the Downtown Corona neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 46.7% of its working residents employed in such fields, which is a higher proportion than 97.9% of American neighborhoods.
Did you know that the Downtown Corona neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 78.6% of this neighborhood's residents have Mexican ancestry.
Downtown Corona is also pretty special linguistically. Significantly, 66.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% of all U.S. neighborhoods.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Downtown Corona neighborhood in Corona are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.4% of U.S. neighborhoods. With 11.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.2% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Downtown Corona neighborhood, 46.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 27.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.0%), and 11.8% in executive, management, and professional occupations.
The most common language spoken in the Downtown Corona neighborhood is Spanish, spoken by 66.3% of households. Some people also speak English (29.5%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Downtown Corona neighborhood in Corona, CA, residents most commonly identify their ethnicity or ancestry as Mexican (78.6%). There are also a number of people of English ancestry (4.4%), and residents who report German roots (2.6%), and some of the residents are also of Irish ancestry (2.1%), along with some Asian ancestry residents (2.0%), among others. In addition, 31.9% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Downtown Corona neighborhood spend under 15 minutes commuting one-way to work (33.9% of working residents), one of the shortest commutes across America.
Here most residents (78.5%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.