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Economy, jobs and prices in Lake Elsinore, California: official figures

The median household income in Lake Elsinore was $101,888 a year in the 2020-2024 American Community Survey (in 2024 dollars), 214th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the California median $99,122.

Median household income
$101,888
2020-2024
Unemployment rate (ACS)
6.3%
2020-2024
Mean travel time to work
42.9 min
2020-2024
Median gross rent (monthly)
$2,078
2020-2024
Median home value (owner-occupied)
$566,000
2020-2024
Homes occupied by their owners
70.9%
2020-2024
Households with a broadband subscription
93.6%
2020-2024

What is the per capita income in Lake Elsinore?

Income per resident (per capita income) in Lake Elsinore averaged $35,809 a year in 2020-2024, 267th lowest of 823 US cities of 50,000 or more (US: $44,673; California: $49,513).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Lake Elsinore?

Lake Elsinore's Gini index of household income inequality was 0.393 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 65th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Lake Elsinore, California?

6.3% of the civilian labor force in Lake Elsinore was unemployed on average over 2020-2024 (2,270 people), 236th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and California's 6.6%.

Source: U.S. Census Bureau · saved copy

What share of people in Lake Elsinore are working?

66.1% of Lake Elsinore's 54,992 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 386th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Lake Elsinore have jobs?

33,973 residents of Lake Elsinore held civilian jobs, 61.8% of those aged 16 and over (US: 59.7%), and 106 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Lake Elsinore?

The largest industry group for working residents of Lake Elsinore was education, health care and social assistance (22.4% of employed residents), followed by retail trade (12.6%) and construction (10.3%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Lake Elsinore work in manufacturing?

Manufacturing employed 9.7% of working residents of Lake Elsinore, 352nd highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 8.8% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Lake Elsinore, California?

Commuters in Lake Elsinore took 42.9 minutes on average to get to work in 2020-2024, the longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 32.0% travelled an hour or more and 12.5% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Lake Elsinore get to work?

13.5% of workers living in Lake Elsinore worked from home in 2020-2024, 404th lowest of 823 US cities of 50,000 or more (US: 15.1%). 69.8% drove to work alone, 13.4% carpooled, 0.2% used public transport and 1.3% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Lake Elsinore, California?

The median gross rent (rent plus utilities) in Lake Elsinore was $2,078 a month in 2020-2024, 139th highest of 823 US cities of 50,000 or more (US: $1,413; California: $2,036).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Lake Elsinore?

Owner-occupied homes in Lake Elsinore had a median value of $566,000 in 2020-2024 as estimated by their owners, 213th highest of 823 US cities of 50,000 or more (US: $332,700; California: $734,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Lake Elsinore?

The median home value in Lake Elsinore was 5.6 times the median household income, 276th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Lake Elsinore, California own their home?

70.9% of the 20,499 occupied homes in Lake Elsinore were lived in by their owners in 2020-2024 and 5,967 were rented, 147th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; California: 55.9%).

Source: U.S. Census Bureau · saved copy

What share of homes in Lake Elsinore have broadband?

93.6% of households in Lake Elsinore had a broadband internet subscription of some type in 2020-2024, 323rd highest of 823 US cities of 50,000 or more (US: 91.0%; California: 93.5%).

Source: U.S. Census Bureau · saved copy

How many households in Lake Elsinore have no internet?

4.5% of households in Lake Elsinore (926) had no internet access at home in 2020-2024, 376th lowest of 823 US cities of 50,000 or more (US: 6.5%); 8.5% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Lake Elsinore compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Lake Elsinore ranks 214 of 823, highest first.

RankCityMedian household income (2024 dollars)
211Layton$102,480
212Bartlett$102,070
213Fairfield$101,895
214Lake Elsinore$101,888
215Mount Prospect$101,720
216St. Louis Park$101,648
217Oakland$101,600
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Lake Elsinore ranks 557 of 823, highest first.

RankCityPer capita income (2024 dollars)
554Lake Charles$35,860
555Brockton$35,830
556Idaho Falls$35,811
557Lake Elsinore$35,809
558Kennewick$35,776
559West Haven$35,740
560Deerfield Beach$35,683
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Lake Elsinore ranks 759 of 823, highest first.

RankCityGini index of household income inequality
756Castle Rock0.394
757Rio Rancho0.394
758Dublin0.394
759Lake Elsinore0.393
760Janesville0.392
761Prescott Valley0.392
762Gilbert0.392
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Lake Elsinore ranks 236 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
233Fullerton6.3%
234El Monte6.3%
235Columbus6.3%
236Lake Elsinore6.3%
237Davis6.3%
238Evanston6.2%
239San Antonio6.2%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Lake Elsinore ranks 386 of 823, highest first.

RankCityLabor force participation rate (16 and over)
383New Brunswick66.1%
384West Allis66.1%
385Collierville66.1%
386Lake Elsinore66.1%
387Huntington Beach66.1%
388Santa Maria66.1%
389Glendale66.1%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Lake Elsinore ranks 1 of 823, highest first.

RankCityMean travel time to work (minutes)
1Lake Elsinore42.9
2Hesperia42.9
3Tracy42.5
4Antioch42.0
5Menifee41.5
6Apple Valley41.1
7San Jacinto40.5
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Lake Elsinore ranks 420 of 823, highest first.

RankCityWorkers who worked from home
417Jeffersonville13.5%
418San Antonio13.5%
419Chico13.5%
420Lake Elsinore13.5%
421Lebanon13.4%
422Hialeah13.4%
423St. Cloud13.4%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Lake Elsinore ranks 708 of 823, highest first.

RankCityWorkers commuting by public transportation
705Concord0.2%
706Bowling Green0.2%
707Farmington Hills0.2%
708Lake Elsinore0.2%
709Longview0.2%
710St. Joseph0.2%
711Odessa0.2%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Lake Elsinore ranks 352 of 823, highest first.

RankCityEmployed residents working in manufacturing
349Albany9.7%
350Milford9.7%
351Utica9.7%
352Lake Elsinore9.7%
353Caldwell9.6%
354Manteca9.6%
355Gardena9.6%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Lake Elsinore ranks 470 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
467Gilroy22.4%
468Hayward22.4%
469Appleton22.4%
470Lake Elsinore22.4%
471Rockville22.4%
472Conroe22.4%
473Memphis22.4%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Lake Elsinore ranks 139 of 823, highest first.

RankCityMedian gross rent per month
136Alexandria$2,089
137Coral Springs$2,084
138Santa Ana$2,082
139Lake Elsinore$2,078
140Revere$2,076
141Everett$2,076
142Vallejo$2,073
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Lake Elsinore ranks 213 of 823, highest first.

RankCityMedian value of owner-occupied homes
210Marysville$567,900
211Roswell$567,100
212Jersey City$566,900
213Lake Elsinore$566,000
214Everett$565,300
215Doral$562,800
216Flower Mound$560,200
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Lake Elsinore ranks 273 of 820, highest first.

RankCityMedian home value as a multiple of median household income
270Tampa5.6x
271Lodi5.6x
272Grand Junction5.6x
273Lake Elsinore5.6x
274Turlock5.5x
275Roseville5.5x
276Modesto5.5x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Lake Elsinore ranks 147 of 823, highest first.

RankCityOccupied homes lived in by their owners
144Hoover71.1%
145Warren71.1%
146Pasco70.9%
147Lake Elsinore70.9%
148San Ramon70.9%
149Thousand Oaks70.8%
150Suffolk70.7%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Lake Elsinore ranks 323 of 823, highest first.

RankCityHouseholds with a broadband subscription
320Charlotte93.6%
321Chico93.6%
322Hawthorne93.6%
323Lake Elsinore93.6%
324Tampa93.6%
325El Cajon93.6%
326Sandy93.6%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Lake Elsinore ranks 448 of 823, highest first.

RankCityHouseholds with no internet access
445Blue Springs4.5%
446Mesa4.5%
447Santa Monica4.5%
448Lake Elsinore4.5%
449Alhambra4.5%
450Charlotte4.5%
451Orland Park4.5%
Source: U.S. Census Bureau · saved copy

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