
POPULATION
• 287,820 people, the sixth largest city in Southern California and the twelfth largest city in California (CA dept. of Finance)
• Riverside spans 80 square miles
• As of March of 2007, Riverside County had a population of just over 2 million (The Californian)
• Inland Empire region will be the fastest growing urban area of California in both absolute and percentage terms, adding an expected 1.1 million more people by 2010, a 34.2 percent growth rate (John Husing Ph.D., Economics and Politics)
• Riverside has four colleges and universities
RETAIL
• 2005 taxable retail sales volume was record $4.9 billion
• 2005 per capita retail sales at $17,202
WEALTH
• Total 2003 personal income at $5.3 billion (John Husing Ph.D., Economics and Politics)
• 44,359 of households with incomes greater than $50,000 (John Husing Ph.D., Economics and Politics)
• Estimated Average Household Income is $67,298
• Median Household Income is $45,701
• Assessed valuation (billions), 2004/2005 $16.4 (County of Riverside)
EMPLOYMENT
• In 2004, total jobs in Riverside was 132,455 (ESRI)
• Downtown Riverside daytime employment base of over 20,729
people (Claritas)
• Riverside has over 5.6 million square feet of office space, 31 percent of the region’s total office inventory (Grubb & Ellis)
RESIDENTIAL
• Median Home Price 2004 $383,482 (Husing)
• Over 813 new single-family and 283 multi-family homes were approved in 2004 (City of Riverside Planning Department)
• Over 667 new and existing homes sold for more than $500,000 in 2004 (MLS)