The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Lake Elsinore, California is a moderately-sized city with a population of 64,201 people. More than a quarter of the residents of Lake Elsinore identify themselves as Hispanic or Latino, and 35% of the population speak Spanish as their primary or secondary language. Lake Elsinore tends to attract a younger crowd, as the median age of 31 is far below the national average. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Lake Elsinore offers up a higher than average one way commute time of 43 minutes.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Lake Elsinore, California. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like amenities, crime, cost of living, employment, you can easily compare the best places to live in Lake Elsinore and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lake Elsinore to California and the national average.
Lake Elsinore has a livability score of 64 out of 100 and is ranked #446 in California and #12,189 in the USA. For each of the livability categories, we know that Lake Elsinore ranks very well for education (B), employment (B) and housing (A+). Regrettably for Lake Elsinore, there are some categories for which it does not score well, this includes: amenities (D) and cost of living (F).
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Lake Elsinore has a violent crime rate of 191 crimes per 100,000 residents which is far lower than the national average.
Finding affordable real estate and housing in Lake Elsinore can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Lake Elsinore is actually affordable. Median real estate prices in Lake Elsinore come in at $366,200, which is 10.5% lower than the California average. The home price to income ratio compares the median home prices to the median household income. In Lake Elsinore, the home price to income ratio is 4.9, which is 23.4% lower than the California average.
Statistic | Lake Elsinore | California | National |
Average one way commute | 43min | 28min | 26min |
Workers who drive to work | 79.4% | 73.5% | 76.4% |
Workers who carpool | 12.4% | 10.6% | 9.3% |
Workers who take public transit | 0.3% | 5.2% | 5.1% |
Workers who bicycle | 0.0% | 1.1% | 0.6% |
Workers who walk | 0.7% | 2.7% | 2.8% |
Working from home | 4.3% | 5.4% | 4.6% |