Nobody knows more about Corona real estate than a property management corona agency. Property management professionals have seen it all when it comes to the best (and worst) neighborhoods of the area. If you’re looking for a safe suburb to raise a family, your best bet is to your local property management experts.
Here’s what some of the leading property management agencies in Corona have to say about the best suburbs in the area. Their list of top 6 Corona suburbs includes:
- Aliso Viejo
- Mission Viejo
- Rancho Santa Margarita
- Newport Beach
- San Clemente
Aliso Viejo has the ninth highest income in the state, coming in at a median income of over $100,000. There are about 50,000 people living in the area with an unemployment rate of only 4.8%
As Viejo #2 to make the list, Mission Viejo might not be within everyone’s budget. The average price of houses sold in the past year is over $650,000. The median income is high as well – about $107,000 per year – and the unemployment rate is just over 5%. Some people find the area too crowded since it is home to about 100,000 residents.
Rancho Santa Margarita
With a low unemployment rate and a low poverty rate, Rancho Santa Margarita is a wonderful place to live if you’re looking in the Corona area. The population is about 50,000, and you can’t beat the surrounding views. If you have kids, this is the top place you should consider since the public school system in RSM is one of the best in the world.
You might perceive Newport Beach as a place only for the rich, and in a way this is correct. Just about everyone that lives here makes a good amount of money because let’s face it, they couldn’t afford to live in Newport Beach if they didn’t. The average yearly income is nearly $120,000 and the average cost of homes is $1.6 million. Unemployment is 4.3% and the percentage of people living under the poverty line is 6.2%.
Cypress is a quiet area of Corona that’s perfect for raising a family. To live here, you don’t need to be as well off as you would in Newport Beach, but the average cost of housing is still over $500,000. The average income of Cypress residents is $90,000, unemployment 4.5%, and the poverty rate is 5.8%
The population of San Clemente has seen a steady rise over the past few years. A major reason for this is that the cost of living is relatively low compared to other Corona towns. The median income is about $101,000 and crime rates are very low. It doesn’t matter if you’re a young professional, raising a family, or just settling into retirement, San Clemente is a great place to establish some roots.