City of Moreno Valley

Moreno Valley is a city located in Riverside County, California. As of January 1, 2008,.[1] A relatively young city, its rapid growth in the 1980s and the 2000s propelled it to its status as second-largest city in Riverside County by population, and one of the Inland Empire's population centers. Neighboring Riverside, California is the county seat and largest city in the county; the two cities are closely tied, sharing March Air Reserve Base with the city of Perris and is north of Lake Perris.

Moreno Valley experienced explosive growth in the 1980s; by 1984, the valley's population was 49,702 (contrasted with 18,871 residents in 1970). The state economic boom fueled the construction of new houses and businesses. This growth led to a push for incorporation. Although similar measures had failed in 1968 and 1983, a measure to form the city of Moreno Valley was approved by voters in 1984. The communities of Edgemont, Sunnymead, and Moreno were incorporated on December 3, 1984 to form the general law city of Moreno Valley.

As of January 1, 2006 there were 174,565 people,[1] 45,866 households,[6] and 33,380 families[6] residing in the city.

The median income for a household in the city was $47,387, and the median income for a family was $48,965 (these figures had risen to $55,604 and $57,385 respectively as of a 2007 estimate[8]). Males had a median income of $38,620 versus $26,492 for females. The per capita income for the city was $14,983. 14.2% of the population and 11.6% of families were below the poverty line. 18.1% of those under the age of 18 and 9.7% of those 65 and older were living below the poverty line.

Moreno Valley is an incorporated common law city. It is governed by a council-manager government. The city is divided into five districts, each of which elect a representative. The council chooses two of its own members to serve as Mayor and Mayor Pro Tem. The council also selects the city manager.

Moreno Valley's primary and secondary education needs are fulfilled by the Moreno Valley Unified School District and the Val Verde Unified School District. The former serves approximately 35,000 students, the bulk of the city's children, and has 35 schools, including five high schools: Moreno Valley, Canyon Springs, Valley View, March Mountain, and Vista del Lago High School. Val Verde District serves part of southern and eastern Moreno Valley, in addition to parts of Perris, Mead Valley, and unincorporated areas. It serves about 13,000 students and maintains 12 schools; one of its high schools, Rancho Verde, is located in Moreno Valley. Some private schools exist, including the local Calvary Chapel Academy.

Riverside Community College operates a Moreno Valley campus, which serves 6,500 students. This campus is slated to become an independent community college at some point in the future, along with its sister satellite campus in Norco.[citation needed] The city also claims one of the twenty-six campuses of Chapman University within its borders. Riverside Community College's main campus and University of California, Riverside are located in neighboring Riverside. California State University, San Bernardino is another popular school for city high school graduates.

According to the City's 2008 Comprehensive Annual Financial Report, [12] the top employers in the city are:

#	Employer	# of Employees
1	March Air Reserve Base	9,000
2	Moreno Valley Unified School District	3,752
3	Riverside County Regional Medical Center	2,215
4	Moreno Valley Mall	1,669
5	Riverside Community College	1,038
6	City of Moreno Valley	746
7	Val Verde Unified School District	734
8	Walgreens Co.	650
9	Riverside County DPSS	432
10	Moreno Valley Community Hospital (Kaiser)	430

Information Courtesy of: wikipedia.org

 The information contained in this report has been gathered from the MRMLS system, and from title records from Commerce Title Company. For individual analysis of any particular area, city or neighborhood please contact Edward J. Zorn, JD, CCIM at 888-573-9248 x.711. Edward J. Zorn is the Broker/Owner of ZEC Realty, Inc. dba Joshua Realty & Loan. Joshua currently services the Lender and Corporate community by providing property analysis and listing services. Joshua also represents homeowners and investors in property acquisition. Edward is currently the Ombudsman for The Inland Gateway Association of Realtors, and is also a Real Estate Attorney. He is available for consultation regarding residential and commercial markets.

Joshua Realty & Loan
Office: (888) 573-9248
Fax: (951) 346-4010
615 S. Victoria Ave. Corona CA 92879