Area Insights of 92506, Riverside, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 188 homes were sold with 16 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

92506, Riverside, CA

Date

05-13-2023

Price Ratio

99%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Immanuel Lutheran School

PK to 6

Temple Beth el Child Development Center

PK to TKG

Growing Place

PK to 1

Riverside Montessori Academy

KG to 4

St Catherine of Alexandria School

KG to 8

Middle School

Central Middle School of Arts and Innovation

7 to 8

Ratings

C-

Matthew Gage Middle School

7 to 8

Ratings

D

High School

Raincross High (Continuation)

9 to 12

Ratings

D-

Opportunity Program

7 to 12

Ratings

D-

Gateway College and Career Academy

9 to 12

Ratings

C-

Poly High School

9 to 12

Ratings

B

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 6% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (46,776)
24,464 Male
22,312 Female
Education
19% High School
9% Associate
21% Bachelor
19% Graduate
Age

Average Age is 39 Years

Household Details

The area's household landscape is diverse, with 76% owner-occupied homes and 24% renter-occupied properties. Family households represent 76% of the population, indicating a strong community focus on family living. The average home value stands at $761,886, which suggests ample demand for multi-bedroom properties.

Total Households
16,466
Average home value
$761,886
Owned
76%
Rented
24%
Vacant
3%
Families
76%
Married
59%
With children
35%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 6% Asian, 5% Black, and 1% Native residents, alongside 54% White and 37% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 54% of households earning over $100,000 annually, while 27% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
1%
Healthcare
13%
Professional
9%
Education
17%
Services
25%
Labor
16%
Retail
12%
Other
7%
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