Menifee vs Lake Elsinore

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $537,300 in Menifee and $566,000 in Lake Elsinore.
  • Households earn more in Lake Elsinore ($101,888 vs $93,454 median).
  • Menifee is growing faster: +15.7% since 2020 vs +6.9%.

Side by side

Menifee, CALake Elsinore, CA
People
Population (2025)118,59275,067
Growth since 2020+15.7%+6.9%
People per square mile2,5521,962
Median age38.133.7
Bachelor's degree or higher23%24%
Money and housing
Median household income$93,454$101,888
Median home value$537,300$566,000
Home value to income5.7×5.6×
Median rent (with utilities)$2,110$2,078
Metro price level (US = 100)106.4106.4
Housing price level (US = 100)129.3129.3
$75,000 elsewhere equals$79,800$79,800
Homeowners80%71%
Top state income tax13.3%13.3%
Combined sales tax9.03%9.03%
Work and commute
Average commute (minutes)41.542.9
Work from home14%14%
Take public transit0%0%
Unemployment (2020-24 avg)6.5%6.3%
Poverty rate9.5%9.4%
Weather
January high / low66° / 42°66° / 42°
July high / low97° / 64°97° / 64°
Precipitation per year12 in12 in
Snowfall per year0 in0 in
Days 90°F or hotter123123
Nights below freezing99
Comfortable months66
Risks, air and home prices
Natural hazard risk (FEMA, county)Very HighVery High
FEMA risk score (lower is safer)99.999.9
Good air days, 20257%7%
Home prices, past year+0.8%+0.8%
Home prices, past 5 years+35.9%+35.9%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

40°50°60°70°80°90°100°JanFebMarAprMayJunJulAugSepOctNovDec
Menifee Lake Elsinore. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Menifee: February to May and October to November. Lake Elsinore: February to May and October to November.

Full monthly tables: Menifee weather by month and Lake Elsinore weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $79,800 in Menifee and $79,800 in Lake Elsinore. Moving from Menifee to Lake Elsinore, you would need about $75,000 to match a $75,000 salary.

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