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Real Estate Prices & Overview

River Road Park median real estate price is $759,851, which is more expensive than 39.9% of the neighborhoods in California and 82.9% of the neighborhoods in the U.S.

The average rental price in River Road Park is currently $3,238, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.6% of California neighborhoods.

River Road Park is an urban neighborhood (based on population density) located in Corona, California.

River Road Park 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 occupied by a mixture of owners and renters. Many of the residences in the River Road Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in River Road Park are 5.9%, which is lower than one will find in 60.3% of American neighborhoods. Demand for real estate in River Road Park 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.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

An extraordinary 15.2% of the residents of the River Road Park neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Diversity

Did you know that the River Road Park neighborhood has more Romanian and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Romanian ancestry and 6.8% have Dutch ancestry.

River Road Park is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 96.7% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the River Road Park neighborhood in Corona are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.5% of the neighborhoods in America. With 32.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.6% 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 River Road Park neighborhood, 30.7% of the working population is employed in executive, management, and professional 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 28.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (25.0%), and 15.6% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the River Road Park neighborhood is Spanish, spoken by 47.5% of households. Other important languages spoken here include English, Tagalog (the first language of the Philippine region) and African languages.

Ethnicity / Ancestry

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 River Road Park neighborhood in Corona, CA, residents most commonly identify their ethnicity or ancestry as Mexican (54.8%). There are also a number of people of German ancestry (11.6%), and residents who report Asian roots (7.3%), and some of the residents are also of Italian ancestry (7.0%), along with some Dutch ancestry residents (6.8%), among others. In addition, 28.1% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in River Road Park neighborhood spend between 45 minutes and one hour commuting one-way to work (30.5% of working residents), longer and tougher than most commutes in America.

Here most residents (70.3%) 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 (21.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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