In SFR Yugoslavia it was named Titova Korenica after Yugoslav leader Josip Broz Tito. The population consists of local ethnic Croats and Serbs, and there are also Croats from Bosnia who moved to Croatia after the Croatian War for Independence.
Korenica has one elementary school and one high school.
Until 1918, Korenica was part of the Austrian monarchy (Kingdom of Croatia-Slavonia, Lika-Krbava County) after the compromise of 1867), in the Croatian Military Frontier, administered by the Kommando OTTOTSCHANER Regiment N°II before 1881. A post-office was opened in 1862.
- "Population by Age and Sex, by Settlements, 2011 Census: Korenica". Zagreb: Croatian Bureau of Statistics. December 2012.
- Handbook of Austria and Lombardy-Venetia Cancellations on the Postage Stamp Issues 1850-1864, by Edwin MUELLER, 1961.
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