Businesses for Sale | Lake Elsinore, California
Discover business opportunities, in or around Lake Elsinore, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Lake Elsinore, located in The Golden State had a total population of 70,431 people.
City Statistics and Other Information About Lake Elsinore
Demographics
From a total population of 70,431, Lake Elsinore has a median age of 34. The average age of males, in Lake Elsinore, is 33 while the average age of females is 34. When you compare the median age of men and women in Lake Elsinore, there is an average difference of 0.77 years.
Income
The median income of individuals, in Lake Elsinore, is $38,281 while the average household income is $95,664. In 2029, the average income per capita for Lake Elsinore is expected to be $38,281.
Additional Information
92530 - 92532Riverside County
Is Lake Elsinore the Best Location for Franchise Opportunities and Growth?
What is the average income in Lake Elsinore?
The median household income in Lake Elsinore is $95,664, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Lake Elsinore an affordable place to start a franchise?
With a median income of $95,664, Lake Elsinore presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Lake Elsinore's income compare to other locations?
The median income of $95,664 in Lake Elsinore is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Lake Elsinore have a stable workforce to support my business?
Absolutely! With 18,787 employed individuals, Lake Elsinore offers a solid labor force to support franchise growth.
Is Lake Elsinore a growing economy?
With a workforce of 18,787 and a median household income of $95,664, Lake Elsinore provides a stable economic environment for new business opportunities.
Does homeownership in Lake Elsinore indicate a stable market?
Homeownership rates at 13,946 show a strong local investment in the community, which benefits long-term franchise success.
