Development Department - Economic Development
:: City Facts at a Glance

Year of Incorporation - 1883

POPULATION

   
  Population, 2008 296,842 *1
  Population Growth, 2000-2008 41,676 *1
  Population Growth Percent (annual) 2.03% *1
  Population per mile 3,598 *1
  Median Age 30.2 *2

INCOME

   
  Average Household Income $69.611 *2

HIGH-END RETAIL POTENTIAL

   
  Riverside Zone of Influence Population, 2008 344,356 *2
  80,610 Households (266,760 People) Ave. HH Income $88,993 *2
  60,464 Households (186,229 People) Ave. HH Income $111,351 *2

EDUCATION

   
  Enrollment, K-12: 63,415  
  Higher Education Student Population 50,000  
  Institutions of Higher Living:
University California-Riverside, California Baptist University, La Sierra University, and Riverside Community College
   

EMPLOYMENT

   
City of Riverside    
  Total Jobs (Q1 2008) 162,264 *5
  Total Workforce (Q1 2008) 160,700 *5
Riverside-San Bernardino MSA    
  Total Jobs (11/08 prelim) 1,254,300 *5
  Total Workforce (11/08 prelim.) 1,831,900 *5
  Unemployment Rate (11/08 prelim) 9.5% *5

MEDIAN HOME PRICES

   
  Median Home Price, Single Family Res. (11/08) $221,015 *5
  Median Home Price, Condominiums (11/08) $153,929 *5

RETAIL SALES

   
  Taxable sales, 2007 (billions) 4.8 *4
  Taxable sales growth, 2003-2007 126% *4
  Taxable sales per capita, 2007 $16,423 *4

CLIMATE

   
  Winter-Average High 66 degrees  
  Summer-Average High 94 degrees  

TRANSPORTATION CORRIDORS AND FACILITIES

   
 
  • I-215, 91 and 60 Freeways
  • Riverside Municipal Airport
  • BNSF and UPSP railroads
  • Federal Express Ground (Rialto)
  • Ontario International Airport-Southern California’s second largest air cargo & second busiest air passenger facility
  • March Inland Cargo Port (Riverside)
* Source References    
  1 - California Department of Finance
2 - ESRI 2008
3 - California Board of Equalization
4 - State of California Employment Development Dept.
5 - DQ News - LA Times Chart
 
 
Resources for Businesses
Economic Development Links
Retail Maps
Shopping & Dining
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