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Riverside: Economy & Jobs

Riverside's typical household earns $91,045 (about the same as Riverside County median $93,074; 1.1× below California median $99,122), with homes at a median value of $584,800. The surrounding county supports 840,433 jobs (avg $59,734).

Income & Affordability

Median household income $91,045 — below the California median ($96,021). Poverty rate 12.2% (U.S. average ~12.5%). 48% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income6.4×
Affordability · Home Affordabilityexpensive
Affordability · Rent Pct Income23.9%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened47.8%
Affordability · Poverty Rate12.2%
Affordability · Property Tax Pct Income3.8%
Irs Income · IRS tax returns filed$1,116,770
Irs Income · Total Adjusted Gross Income (thousands)$81,504,736
Irs Income · Average AGI per return$72,983 (vs California $97,528)
Irs Income · Year2022
Income Estimate$100,932
Median Household Income$91,045 (vs California $96,021) median_household_income: 4 observations from 2026-04-23 to 2026-04-29
Poverty Rate12.2%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelupper-middle
Economic Character · Median Income$91,045

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 4.1% — near the U.S. average of ~4%. 11% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min31.30
Commuter Profile · Work From Home Pct10.6%
Commuter Profile · Profilemoderate commute
Employment · Avg annual employment (county)840,433
Employment · Total annual wages (county)$50,202,249,277
Employment · Average annual pay$59,734
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment17,945,910
Unemployment Rate4.1% (at California median)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms552
Agriculture · Land In Farms Acres104,118
Agriculture · Avg Farm Size Acres188.60
Agriculture · Top CommoditiesSod, Crop Totals, Fruit & Tree Nut Totals, Vegetable Totals, Horticulture Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)45,583
Business Patterns · Total Employees652,768
Business Patterns · Annual Payroll Thousands32,783,088
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores372
Local Businesses · Convenience Stores150
Local Businesses · Liquor Stores205
Local Businesses · Gas Stations389
Local Businesses · Department Stores21
Local Businesses · General Merchandise154
Local Businesses · Clothing Stores186
Local Businesses · Pet Stores63

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants1,357
Dining Scene · Fast Food1,950
Dining Scene · Bars101
Dining Scene · Coffee Snacks568

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (20)

JPMorgan Chase Bank, National Association
RIVERSIDE BRANCH · 1299 University Ave · 92507
JPMorgan Chase Bank, National Association
RIVERSIDE - ORANGECREST BRANCH · 8705 Trautwein Rd · 92508
U.S. Bank National Association
LA SIERRA AVENUE RALPHS BRANCH · 3350 La Sierra Ave · 92503
HCN Bank
HCN Bank · 3715 Sunnyside Dr · 92506
U.S. Bank National Association
RIVERSIDE & UNION VONS BRANCH · 3520 Riverside Plaza Dr · 92506
Provident Savings Bank, F.S.B.
4001 MAIN STREET BRANCH · 4001 Main St · 92501
American Business Bank
DOWNTOWN RIVERSIDE LOAN PRODUCTION OFFICE BRANCH · 3801 University Ave · 92501
JPMorgan Chase Bank, National Association
RIVERSIDE AVE BRANCH · 6245 Riverside Ave · 92506
Citizens Business Bank, National Association
RIVERSIDE BRANCH · 3695 Main St · 92501
Icon Business Bank
Icon Business Bank · 3390 University Ave · 92501
Bank of America, National Association
MISSION GROVE BRANCH · 351 E Alessandro Blvd · 92508
Wells Fargo Bank, National Association
CA RIVERSIDE COUNTY 1 BRANCH · 4800 Magnolia Ave · 92506
C3bank, National Association
RIVERSIDE BRANCH · 3727 Arlington Ave · 92506
U.S. Bank National Association
RIVERSIDE - ORANGECREST BRANCH · 19059 Van Buren Blvd · 92508
Provident Savings Bank, F.S.B.
VAN BUREN BLVD BRANCH · 19348 Van Buren Blvd · 92508
Wells Fargo Bank, National Association
MISSION VILLAGE BRANCH · 483 E Alessandro Blvd · 92508
PNC Bank, National Association
CANYON CREST BRANCH · 5395 Canyon Crest Dr · 92507
Citibank, National Association
RIVERSIDE-TYLER MALL · 3580 Tyler St · 92503
U.S. Bank National Association
ARLINGTON BRANCH · 9811 Magnolia Ave · 92503
Bank of America, National Association
MAGNOLIA-TYLER BRANCH · 10297 Magnolia Ave · 92503

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

Madison Market
Convenience Store · 4012 Madison St
76 Gas Station And Convenience
Convenience Store · 290 Iowa Ave
STATER BROS. MARKETS 1
Supermarket · 9225 Magnolia Ave
Walgreens 7262
Other · 6600 Magnolia Ave
All Sup's Store
Convenience Store · 1703 Main St
Nearest Snap · NameMadison Market
Nearest Snap · Total In Area310

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameASIAN INDIAN CHAMBER OF COMMERCE OF THE INLAND EMPIRE INC

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$12,741,079,154
Federal Spending · Per Capita5,268.86 (vs California $6,975)
Federal Spending · Population2,418,185 people (vs California 109,857)

Sources: USAspending API

Other

Job Training · Total count4
Pct Drove Alone73.1%
Pct Public Transit2.4%
Pct Walked10.6%
Retirement Score · Median age33.6 years (vs California 37.2y)
Retirement Score · Ss Household Pct25.4%
Retirement Score · Hospitals Nearby10
Retirement Score · Va AccessYes
Retirement Score · Factorshospital access, VA nearby
Retirement Score · Ratingfair

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12