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Utopia Property Management
4193 Flat Rock Road Suite 200-234 Riverside, CA 92505

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Home » Riverside, CA

With above-average schools, lots of coffee shops, and beautiful parks, Riverside and Ontario have a suburban feel and are favorites among both families and young professionals.

 

26 Things You Need to Know About Riverside Before You Move There

 

25 Best Things to Do in Riverside

 

25 Best Things to Do in Ontario

 

Riverside Business Journal

 

Ontario Economic Development

To the East of Los Angeles is the Riverside-San Bernardino-Ontario metropolitan area. Per US Census records, the area is over 27,000 square miles and is home to approximately 4.5 million people.

 

Once a major center for citrus, dairy, and wine-making, the Riverside and Ontario regions have more recently (since the 1970s) turned towards residential, commercial, and industrial development.

 

Retail Trade, Health Care & Social Assistance, and Educational Services are the largest industries in this are. The highest paying industries are Utilities (approx $73,013); Public Administration (approx $65,491); and Mining, Quarrying, Oil & Gas Extraction (approx $61,016).

 

The median household income in Riverside, CA is approximately $66,900. The median income in Ontario, CA is approximately $57,544.

 

Ontario has more than 100 million square feet of industrial manufacturing and distribution space. Three major interstates and two railroads for both passenger and freight travel all run through Ontario, providing access to ports in Southern California and across the US.

 

According to Global Traveler, the Ontario International Airport (ONT) is the fastest growing airport in the US.

 

The Mission Inn Hotel & Spa in Riverside began as a boarding house in 1876, and is now an award-winning hotel with over 200 rooms. The iconic hotel houses a free museum, featuring artwork, furniture, and religious relics from across the globe, dating as far back as 1247.

 

The population of Riverside is approximately 320,000; Ontario roughly 170,000.

 

Riverside's median home value is $319,200 and median rent $1,249. Ontario, CA has similar median home values but higher rents at a median of $1,353.

 

Average Rental Rates in the Riverside-San Bernardino-Ontario Metro (RSBO) vs National Average (US)

Studio
$826 RSBO
$821 US

 

1 Bedroom
$986 RSBO
$930 US

 

2 Bedroom
$1232 RSBO
$1148 US

 

3 Bedroom
$1717 RSBO
$1537 US

 

4 Bedroom
$2132 RSBO
$1791 US

 

The cost of living for almost everything in the Riverside/Ontario area is higher than the national average. Overall costs, grocery, housing, home price, utilities, transportation, and misc expenses. However, the overall cost of health care in the area is about 20% less.

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