Income & Economy in Lake Elsinore, CA

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$96,527

+32% vs national

Per Capita Income

$34,572

-7% vs national

Poverty Rate

9.4%

-31% vs national

Gini Index

0.3886

0 = perfect equality

Unemployment

6.4%

+23% vs national

SNAP Recipients

12.6%

of households

How Lake Elsinore Compares

Source: Census ACS (2023)

Lake Elsinore vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 50,000 - 100,000 residents. Lake Elsinore is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Lake Elsinore. The median household income here is $96,527.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
9.0%
$25-50K
13.5%
$50-75K
13.7%
$75-100K
15.5%
$100-150K
18.8%
$150-200K
14.5%
$200K+
14.9%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

6.4%

-16% vs CA avg

Labor Force

36,297

Employed

33,805

Mean Commute

37 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

14.6%

of adults 25+

High School Diploma+

31.2%

of adults 25+

Median Age

33.4

Work from Home

11.8%

of workers

The median household income in Lake Elsinore, CA is $96,527, which is 31.8% above the national average of $73,224. Per capita income is $34,572. The poverty rate of 9.4% is lower than the CA state average of 13.0%. The Gini index of income inequality is 0.3886, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 6.4%, compared to the state average of 7.6%. 14.6% of adults hold a bachelor's degree or higher. The average commute time is 37 minutes, with 11.8% working from home.