Can you afford to live in Lake Elsinore?
Median household income, home values and rent in Lake Elsinore, CA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.
U.S. Census Bureau, American Community Survey 5-year estimates.
This story was assembled using AI and public data sources.
What it costs to live in Lake Elsinore.
Median household income: $96,527 — +57.6% since 2015 (not adjusted for inflation)
Median gross rent: $1,915/mo — +52.7% since 2015
Median home value, 2015 to 2023
- 2015: 230400
- 2023: 505700
Median household income
- Lake Elsinore: 96527
- Riverside County: 89672
- CA: 96334
- U.S.: 78538
Median gross rent
- Lake Elsinore: 1915
- Riverside County: 1814
- CA: 1956
- U.S.: 1348
Share of income a typical renter spends on rent: 34.1% — U.S.: 30.2%
What it means
The typical household here earns $96,527 — notably higher than the national figure of $78,538.
The typical renter here spends 34.1% of household income on rent, above the 30% level housing agencies use to define cost burden.
Since 2015, income has kept pace with rent here (+57.6% versus +52.7%), before adjusting for inflation.
Sources
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — Population, income, housing, education, commuting and poverty figures
- Census Bureau API — ACS Detailed Tables — The endpoint these pages are generated from
- data.census.gov — Look up the same tables for any place yourself
- ACS accuracy statement — Estimates carry margins of error; small places vary the most
Loading the live page…