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News Release

FOR IMMEDIATE RELEASE
July 12, 2007
CONTACT: Economic Development
951.413.3046

Moreno Valley experiences continued solid growth

The City of Moreno Valley continues to experience solid growth. According to the US Census Bureau, Moreno Valley gained 5,299 new residents between July 1, 2005 and July 1, 2006.

“Moreno Valley continues to be a desirable area and is experiencing solid growth due to its strategic location, reasonable housing prices, expanding business marketplace and superior quality of life,” said the City’s Economic Development Director, Barry Foster.

Moreno Valley’s growth was tied for 26th in the nation for fastest-growing cities with populations over 100,000. The City was the second-fastest growing City in the Inland Empire, behind the City of Fontana.

Moreno Valley remains one of the fastest growing cities in California: It is the eighth fastest growing in the state and fifth fastest growing in Southern California behind Lancaster, Irvine, Fontana and Palmdale.

Moreno Valley also placed higher than other high-growth cities in the Inland Empire, including Corona, Ontario and Rancho Cucamonga.

Moreno Valley continues to be an increasingly desirable community for businesses and homebuyers. For more information please contact Moreno Valley’s Economic Development Department at 951.413.3460.