The average household annual income for the 92883 zip code is $153,598. This figure provides a clear snapshot of the economic landscape within this specific California community.
Understanding Income in 92883
Income statistics, such as average household income, are crucial indicators of a region's economic health and standard of living. For the 92883 zip code, this average reflects the collective earnings of its households over a year. Understanding these figures helps in assessing local economic trends and comparing the area's prosperity with that of neighboring communities.
How 92883's Income Compares to Surrounding Areas
While the average household income in 92883 is a significant figure on its own, its context becomes clearer when compared to other nearby zip codes and larger geographical areas. The income for 92883 positions it distinctively within its region, being higher than some areas but lower than others.
Below is a comparison of the average household income for 92883 alongside several other California zip codes and local administrative areas:
| Area/Zip Code | Average Household Income | Comparison to 92883 |
|---|---|---|
| 92883 | $153,598 | Reference Point |
| 92676 | $166,451 | Higher |
| 92679 | $259,038 | Significantly Higher |
| 92881 | $162,767 | Higher |
| 92530 | $95,711 | Lower |
| 92570 | $94,440 | Lower |
| Riverside County | $110,021 | Lower |
| Corona City | $126,569 | Lower |
| Temescal Valley CDP | $150,656 | Slightly Lower |
As illustrated, the average household income for 92883 is notably higher than that of zip codes like 92530 and 92570, as well as the broader Riverside County, Corona city, and Temescal Valley CDP. However, it falls below the average incomes found in zip codes such as 92676, 92679, and 92881, particularly 92679, which shows a significantly higher average household income.
Factors Influencing Local Income
Average household income can be influenced by a variety of factors unique to a geographical area. These may include:
- Local Employment Opportunities: The types of industries prevalent in and around 92883 and the job opportunities they provide.
- Cost of Living: While not directly an income factor, a higher cost of living often correlates with higher wages needed to maintain a certain standard of living.
- Educational Attainment: The general level of education within the population can influence earning potential.
- Housing Market: The dynamics of the local housing market can reflect economic prosperity and influence income levels required to reside in the area.
For more detailed income statistics by zip code, various credible resources are available online.
