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Corona, California is at the hub of growth within the Southern California region. It is a city of the future today. Incorporated in 1896, the farm community once known for its produce is now the gateway to economic growth for the Inland Region. Its location at State Route 91 and Interstate 15 makes it the prime recipient of outward migration of companies from Orange and Los Angeles Counties.
The City is headquarters to a wide array of corporations and entrepreneurial operations. An abundance of housing from affordable to executive has created a diverse and fast-growing population for the City. As the City expands its regional leadership role during the 21st century, it is perfecting its vision and mission of providing an innovative environment for business to flourish and a high qualify of life for its citizens.
From 2000-2011, Corona added 29,890 people reaching 153,649, which represents an 24.0% growth. While low for the Inland Region's average growth of 31.9%, the difference is attributed to the limited residential space being developed as executive housing. Currently, Corona's population ranked 7th in the Inland Region, after nearby Ontario (165,390), in comparison, Corona would rank 6th in Orange County, after Garden Grove (173,470).
In 2012, its median household income reached $74,015, above both Orange ($70,880) and Riverside ($53,548) Counties. Corona still maintains its status as having the highest level of median houshold income among the comparison areas.
Corona's educational levels are benefiting from local educational efforts and the migration of upscale families from Orange County. In 2010, the share of its population aged 25 and over with a Bachelor's or higher degrees was 25%, placing it above the City of Riverside (22.2%) and the City of Contario (12.7%) However, it was still well below Orange County (36.6%). The share of Corona's adults who stopped their formal educations at high school was 20.6%, below those of Riverside (22.5%) and Ontario as well (24.6%).
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