How many renters in Lake Elsinore, CA pay more than 30% of their income on rent?
61.7% (±7.3 points) of renting households in Lake Elsinore, CA spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
51.0% spend 35% or more.
The median renting household spends 35.5% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 61.7% (±7.3 points)
- Paying 35% or more
- 51.0% (±6.0 points)
- Median share of income
- 35.5% (±3.0 points)
Rent as a share of income in Lake Elsinore
| Share of income spent on rent | Lake Elsinore | Riverside County | California | United States |
|---|---|---|---|---|
| Less than 15% | 4.4% (±2.5 points) | 8.7% | 10.4% | 12.6% |
| 15% to 19.9% | 12.9% (±4.8 points) | 10.0% | 11.1% | 12.2% |
| 20% to 24.9% | 10.3% (±4.8 points) | 12.0% | 12.0% | 12.6% |
| 25% to 29.9% | 10.7% (±4.2 points) | 9.9% | 11.2% | 11.5% |
| 30% to 34.9% | 10.7% (±4.1 points) | 10.7% | 9.3% | 9.2% |
| 35% or more | 51.0% (±6.0 points) | 48.7% | 46.0% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Lake Elsinore against Riverside County, its state and the nation
| Lake Elsinore | Riverside County | California | United States | |
|---|---|---|---|---|
| Paying 30% or more | 61.7% (±7.3 points) | 59.4% (±1.1 points) | 55.3% (±0.2 points) | 51.1% |
| Paying 35% or more | 51.0% (±6.0 points) | 48.7% (±0.9 points) | 46.0% (±0.2 points) | 41.9% |
| Median share of income | 35.5% (±3.0 points) | 34.4% (±0.4 points) | 32.8% (±0.2 points) | 30.6% |
| Median renter household income | $67,313 (±$7,999) | $63,524 (±$1,392) | $71,186 (±$298) | $52,966 |
| Median gross rent | $2,078 (±$119) | $1,901 (±$17) | $2,036 (±$5) | $1,413 |
In Lake Elsinore, the share of renters paying 30% or more of income is not measurably different from Riverside County (59.4%).
It is not measurably different from California (55.3%).
It is higher than the national figure (51.1%).
In Riverside County, Lake Elsinore ranks 27 of 70 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 280 of 1,067.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Lake Elsinore
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Lake Elsinore | — | 61.7% (±7.3 points) | — |
| Warm Springs | 1.4 mi | 94.1% (±22.9 points) | Higher |
| Lakeland Village | 3.1 mi | 70.0% (±15.8 points) | Not measurably different |
| Meadowbrook | 4.0 mi | 83.0% (±40.7 points) | Not measurably different |
| Canyon Lake | 4.1 mi | 40.1% (±24.6 points) | Not measurably different |
| Wildomar | 6.5 mi | 49.7% (±13.8 points) | Not measurably different |
| Good Hope | 6.7 mi | 63.3% (±15.9 points) | Not measurably different |
| Menifee | 8.7 mi | 70.7% (±6.9 points) | Not measurably different |
| Temescal Valley | 9.1 mi | 77.7% (±20.3 points) | Not measurably different |
Nearby places with a measurably higher figure: Warm Springs, CA (94.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Riverside County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 21 | Good Hope | 63.3% (±15.9 points) |
| 22 | Cathedral City | 63.1% (±6.6 points) |
| 23 | Idyllwild-Pine Cove | 62.8% (±17.7 points) |
| 24 | Thermal | 62.3% (±28.2 points) |
| 25 | Hemet | 62.2% (±4.1 points) |
| 26 | Banning | 61.8% (±8.5 points) |
| 27 | Lake Elsinore | 61.7% (±7.3 points) |
| 28 | Moreno Valley | 61.5% (±3.4 points) |
| 29 | Desert Palms | 60.9% (±38.5 points) |
| 30 | Corona | 60.2% (±3.5 points) |
| 31 | Anza | 59.5% (±54.6 points) |
| 32 | Bermuda Dunes | 59.1% (±16.0 points) |
| 33 | Valle Vista | 59.0% (±14.1 points) |
Showing 13 of 70 places in Riverside County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Lake Elsinore
Are renters in Lake Elsinore rent-burdened?
61.7% of renting households in Lake Elsinore pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Lake Elsinore spend on rent?
The median renting household in Lake Elsinore, CA spends 35.5% (±3.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Elsinore city, California
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Lake Elsinore city, California
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Elsinore city, California
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 API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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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