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Lake Elsinore, California

city · Riverside County

At a glance

72,461
Population
$566,000
Median home value (all homes)
87% above U.S. median
$589,630
Typical market value
Zillow, 2026-07
$2,078/mo
Median rent
54% above U.S. median
$101,888
Median household income
30% above U.S. median
42.9 min
Average commute
93.6%
Homes with broadband
77.19%
Locations with fiber available
6.3%
Unemployment

Cost of living (Clay Affordability Index)

CAI 129 — 29% above the national average. how it's computed

Housing104% above
Goods & services1% above
Utilities3% below
Taxes34% below
Insurance11% below
Commute cost130% above
For business: California is CBII band 4/5 · time to build band 5/5. See state page for the breakdown.

Living here

Nearest 4-year college18 mi
Nearest community college13 mi
Nearest technical college14 mi
High school graduates83.5%
College graduates24.3%

Doing business here

Economic development contacts, most local first:

city Lake Elsinore Redevelopment
The Lake Elsinore Economic Development office helps businesses locate, plan, and grow in Lake Elsinore, offering site selection assistance, permitting help, and links to incentives and services through the Extreme Dream Team.
region Inland Empire Economic Partnership
IEEP unites business, government, and community leaders to create a thriving Inland Empire region. It focuses on harnessing this potential through strategic initiatives that bolster human capital, improve transportation infrastructure, enhance educational outcomes, and elevate environmental quality.
state Governor's Office of Economic Development
The Governor’s Office of Business and Economic Development, or GO-Biz, serves as the State of California’s leader for job growth, economic development and business assistance efforts. It offers no-cost consultation to business owners for attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government, and more.
state Team California
TeamCalifornia is the go-to partner for businesses, site selectors, and communities looking to succeed in California. With our extensive network, we provide direct access to the best sites, accelerate speed-to-market, and give essential resources to streamline decision-making and drive growth.
State sales taxYes
State income taxYes
Right-to-work stateNo

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