Lake Elsinore is a larger medium-sized city located in the state of California. With a population of 71,898 people and 14 associated neighborhoods, Lake Elsinore is the 127th largest community in California. There's nothing like the smell of a brand new house, and in Lake Elsinore, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Lake Elsinore, and putting down their money on brand new construction. Lake Elsinore’s real estate is, on average, some of the newest in the nation. Lake Elsinore does seem to be experiencing an influx of affluent people, because the median household income is $89,788.00.

Housing costs in Lake Elsinore are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.

Telecommuters are a relatively large percentage of the workforce: 8.41% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One downside of living in Lake Elsinore is that it can take a long time to commute to work. In Lake Elsinore, the average commute to work is 38.53 minutes, which is quite a bit higher than the national average.

The population of Lake Elsinore overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Lake Elsinore, 22.43% have at least a bachelor's degree.

The per capita income in Lake Elsinore in 2022 was $32,792, which is lower middle income relative to California, and middle income relative to the rest of the US. This equates to an annual income of $131,168 for a family of four. However, Lake Elsinore contains both very wealthy and poor people as well.

Lake Elsinore is an extremely ethnically-diverse city. The people who call Lake Elsinore home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Lake Elsinore, accounting for 52.28% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Lake Elsinore residents report their race to be White, followed by Asian. Important ancestries of people in Lake Elsinore include German, Irish, English, Italian, and Polish.

In addition, Lake Elsinore has a lot of people living here who were born outside of the US (21.91%).

The most common language spoken in Lake Elsinore is English. Other important languages spoken here include Spanish and Tagalog.