Salary & Cost of Living in Corona, CA
Corona, CA: $68,377 median salary, cost of living index 124.8, $16.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$68,377
$33/hr
Cost of Living
124.8
US avg = 100
Minimum Wage
$16.00
per hour
Unemployment
4.9%
rate
Corona, CA Overview
Population
157,136
Median Salary
$68,377
Average Salary
$76,582
Avg Commute
21 min
Median Home Price
$560,000
Median Rent
$2,319/mo
Job Growth
+1.2%
Sales Tax
7.25%
Corona is located in California with a population of 157,136. The median household salary is $68,377 per year ($33/hour), which is $8,993 above the national median of $59,384. The average commute time is 21 minutes, and the city has a job growth rate of +1.2%.
Corona Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Corona, CA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$50,130
$4,177.51/month · $1,928.08/biweekly · Effective Rate: 26.7%
Gross Pay
$68,377
Federal Tax
-$6,657
State Tax
-$6,359
Local Tax
$0
FICA
-$5,231
Net Pay
$50,130
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,698.08 | $68,377.00 |
| Federal Income Tax | -$554.75 | -$6,656.94 |
| California State Tax (9.3%) | -$529.92 | -$6,359.06 |
| Social Security (6.2%) | -$353.28 | -$4,239.37 |
| Medicare (1.45%) | -$82.62 | -$991.47 |
| Net Take-Home Pay | $4,177.51 | $50,130.16 |
Salary Comparison: Corona vs Other Cities
See how Corona's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Corona, CA | $68,377 | 124.8 | $54,789 |
| National Average | $59,384 | 100 | $59,384 |
| Pasco, WA | $68,442 | 111.3 | $61,493 |
| Highland, CA | $68,306 | 148.9 | $45,874 |
| Westminster, CA | $68,304 | 154.3 | $44,267 |
| Huntsville, AL | $68,500 | 90 | $76,111 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Corona
Corona's cost of living index is 124.8 (national average = 100). Living in Corona is 24.799999999999997% more expensive than the national average.
Median Home Price
$560,000
Median Monthly Rent
$2,319
Annual Rent Cost
$27,828
Your Salary's Purchasing Power
Your $50,130 annual take-home pay in Corona has the purchasing power of approximately $40,168 in an average-cost US area. You would need to earn $85,334 in Corona to match a $68,377 salary in an average-cost city.
Top Industries in Corona
Corona's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $68,377.
Salary Tips for Corona Workers
- Negotiate for cost of living. Corona has a cost of living 24.799999999999997% above the national average. When negotiating salary, factor in the higher housing and living costs to ensure your real purchasing power stays competitive.
- Maximize pre-tax deductions. With a 9.3% state income tax rate, maximizing 401(k) contributions (up to $23,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Corona's top industries include Technology, Entertainment, Agriculture. Targeting roles in these sectors can help you earn above the $68,377 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Corona, CA?
The median salary in Corona, CA is $68,377 per year, or $33 per hour. The average salary is $76,582. This is $8,993 above the national median of $59,384.
What is the cost of living in Corona, CA?
Corona's cost of living index is 124.8 (national average = 100), meaning it is 24.799999999999997% more expensive compared to the national average. The median home price is $560,000 and the median monthly rent is $2,319.
What are the best industries in Corona?
The top industries in Corona, CA include Technology, Entertainment, Agriculture. The city has a job growth rate of 1.2% and an unemployment rate of 4.9%. Workers in these industries often earn above the city's median salary of $68,377.
How does Corona's salary compare to other cities?
Corona's median salary of $68,377 is 15.1% above the national median of $59,384. However, when adjusted for cost of living (index: 124.8), the real purchasing power is approximately $54,789.
What is the minimum wage in Corona, CA?
The minimum wage in Corona, CA is $16.00 per hour. This equals approximately $33,280 per year for a full-time worker (40 hours/week). This is $8.75 above the federal minimum wage of $7.25/hour.