2023 Riverside County Economic Profile

The region covers Hemet and San Jacinto Valley including unincorporated communities of Nuevo, Homeland, Valle Vista, Idyllwild and Winchester. HEMET SAN JACINTO REGION

OPPORTUNITY ZONES

Serves as a crucial link between the Northwest Region of Riverside County and the Southwestern and Western regions of the county. In 2023, ESRI reported a total population of 226,304 residents with a median household income of $57,483 and a total of 4,353 Standard Industrial Classification (SIC01-99) Businesses. SIC codes are a standardized system used to classify and categorize businesses based on their primary Situated near wine country, you’ll find diverse opportunities characterized by expansive rural farmland that is in close proximity to several thoughtfully designed residential communities and outdoor recreational areas. The availability of affordable land, along with convenient transportation routes, positions economic activities . Opportunity Zones

it as a pivotal region for manufacturing and its associated supply chain. As a result, this location presents a promising opportunity for collaborative development initiatives. Tourism in Adventure Explore numerous captivating places nearby. Start at the Ramona Bowl Amphitheatre, known for its romantic play “Ramona” thrilling audiences for 100 years. Then, visit Diamond Valley Lake Marina for boating, fishing, and e-biking activities. Discover the intriguing history of extinct dinosaurs that once roamed Diamond Valley Lake and experience history featured at the Western Science Center. Finally, reach “Idyllwild”- Pine Cove, a charming destination in the San Jacinto Mountains, home of adventure, music, art and harmony.

FASTEST GROWING PRIVATE INDUSTRIES INDUSTRY 2022 JOBS CHANGE IN JOBS (2022-2023) % CHANGE 2023 JOBS

2022 EARNINGS PER WORKER

10,275 3,487

13,720 4,581

3,445 1,094

34% 31%

$83,063 $33,496

OTHER SERVICES (EXCEPT PUBLIC ADMINISTRATION) ACCOMMODATION & FOOD SERVICES HEALTHCARE & SOCIAL ASSISTANCE

3,653

4,402

749

21%

$40,773

3,090 6,437

3,564 6,894 1,227

474 457 268

15%

$69,493 $55,162 $42,189

CONSTRUCTION RETAIL TRADE

7%

959

28%

EDUCATIONAL SERVICES

TRANSPORTATION & WAREHOUSING ADMINISTRATIVE & SUPPORT & WASTE MANAGEMENT & REMEDIATION SERVICES

1,113

1,364

251

23%

$51,041

494

618

124

25%

$64,993

PROFESSIONAL, SCIENTIFIC, & TECHNICAL SERVICES

511

626

115

23%

$78,425

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