Amazon HQ2 Proposal
Population Riverside Metro Area
The population in Riverside County is projected to grow considerably, outpacing its neighboring counties. Current levels of home affordability will continue to attract households from throughout Southern California. Cities like Corona and Riverside are attracting many first-time homebuyers who cannot afford a traditional detached single-family home in coastal areas. Beacon Economics projects population growth throughout the Inland Empire will average 1.4% per year from2014-2019. The LA Times sites a demographic study showing that the #1 region for growth in the number of young people since 2000 (out of the 53 largest metropolitan areas).
True, it’s in California, but it’s not San Francisco, Los Angeles or even Silicon Valley; rather, it’s the sprawling Inland Empire (Riverside-San Bernardino), which saw a remarkable 47.7% growth in young people, adding more than 315,000. Time Magazine reports that “thousands of millennials are moving to the suburbs of Riverside, Calif., San Antonio, Texas and Orlando, Fla. The burbs of those threemetro areas saw the greatest growth in the number of adults aged 25 to 34 between 2010 and 2015,” according to data from the Urban Land Institute provided to TIME.
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