What is the median household income in Lake Elsinore, CA?

The median household income in Lake Elsinore, CA is $101,888 (±$6,516) a year (2020–2024 American Community Survey).

Paying the median gross rent of $2,078 a month would take about $83,100 a year at the common guideline of spending no more than 30% of income on rent.

In Lake Elsinore, the median household income went from $71,476 in 2015–2019 to $101,888 in 2020–2024 (+42.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median household income
$101,888 (±$6,516)
Median renter income
$67,313 (±$7,999)
Income to afford median rent
about $83,100

Income in Lake Elsinore against Riverside County, its state and the nation

Income, estimate (90% margin of error)
Lake ElsinoreRiverside CountyCaliforniaUnited States
Median household income$101,888 (±$6,516)$93,074 (±$1,015)$99,122 (±$310)$80,734
Median renter household income$67,313 (±$7,999)$63,524 (±$1,392)$71,186 (±$298)$52,966
Median owner household income$119,544 (±$8,992)$109,791 (±$1,274)$127,456 (±$424)$100,009
Median gross rent$2,078 (±$119)$1,901 (±$17)$2,036 (±$5)$1,413

In Lake Elsinore, median household income is higher than in Riverside County ($93,074).

It is not measurably different from California ($99,122).

It is higher than the national figure ($80,734).

In Riverside County, Lake Elsinore ranks 22 of 70 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 436 of 1,069.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How much you need to earn to rent in Lake Elsinore

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $2,078 a month ($24,936 a year) needs an income of about $83,100 a year.

The median renting household in Lake Elsinore earns $67,313 a year, less than that.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$71,476 (±$3,653)$101,888 (±$6,516)+42.5%Up after inflation
Median gross rent$1,476 (±$79)$2,078 (±$119)+40.8%Up after inflation
Median home value$352,600 (±$4,183)$566,000 (±$11,930)+60.5%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median household income in places near Lake Elsinore

Nearest places with a published estimate, compared with Lake Elsinore
PlaceDistanceMedian household incomeCompared with this place
Lake Elsinore—$101,888 (±$6,516)—
Warm Springs1.4 mi$70,341 (±$40,579)Not measurably different
Lakeland Village3.1 mi$85,748 (±$10,342)Lower
Meadowbrook4.0 mi$56,212 (±$4,345)Lower
Canyon Lake4.1 mi$126,926 (±$12,232)Higher
Wildomar6.5 mi$103,506 (±$5,691)Not measurably different
Good Hope6.7 mi$56,981 (±$16,847)Lower
Menifee8.7 mi$93,454 (±$4,473)Lower
Temescal Valley9.1 mi$122,051 (±$11,270)Higher

Nearby places with a measurably lower figure: Lakeland Village, CA ($85,748), Meadowbrook, CA ($56,212), Good Hope, CA ($56,981).

Nearby places with a measurably higher figure: Canyon Lake, CA ($126,926), Temescal Valley, CA ($122,051).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Riverside County, place by place

RankPlaceMedian household income
16Corona$109,242 (±$3,495)
17El Cerrito (community)$108,882 (±$32,954)
18Rancho Mirage$107,364 (±$8,992)
19Beaumont$107,118 (±$9,704)
20Romoland$106,861 (±$48,409)
21Wildomar$103,506 (±$5,691)
22Lake Elsinore$101,888 (±$6,516)
23La Quinta$99,250 (±$5,992)
24Jurupa Valley$97,550 (±$4,978)
25Home Gardens$96,342 (±$10,042)
26Lake Mathews$94,444 (±$19,126)
27Menifee$93,454 (±$4,473)
28Moreno Valley$93,222 (±$2,557)

Showing 13 of 70 places in Riverside County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Lake Elsinore

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Questions about Lake Elsinore

What is the median household income in Lake Elsinore?

The median household income in Lake Elsinore is $101,888 (±$6,516) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Lake Elsinore?

About $83,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,078 a month.

Have incomes in Lake Elsinore kept up with inflation?

In Lake Elsinore, the median household income went from $71,476 in 2015–2019 to $101,888 in 2020–2024 (+42.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

What do renters earn in Lake Elsinore?

The median renting household in Lake Elsinore, CA earns $67,313 (±$7,999) a year.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Elsinore city, California (place:39486, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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