Cost of Living in Lakeland Village, CA

Population 11,587 · California · Data vintage 2023

140
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Lakeland Village a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $429,000.

Lakeland Village sits roughly 11 miles west of Menifee — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 12% lower than Menifee's $487,000.

Cost Overview

Housing 141
Rent 140

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Lakeland Village

The median home value in Lakeland Village is $429,000 — 41% above the national median of $305,000. Median rent runs $1,834/month, 40% higher than the national median of $1,314/month. The median household income of $83,371/year is 12% higher than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. Overall, Lakeland Village has a cost of living index of 140 versus the US average of 100, meaning it is 40% more expensive.

🏠 Housing

Median Home Value
$429,000
41% above avg
Median Rent
$1,834/mo
40% above avg
Price-to-Rent Ratio
19.5x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,195
1 BR
$1,241
2 BR
$1,544
3 BR
$2,163
4 BR
$2,556
Owner-occupied 68.9%
Renter-occupied 31.1%

💰 Estimated Monthly Budget

Rent median rent
$1,834
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,448/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
45.1 min
67% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.5%

Commute Mode

Drove alone
79.0%
Carpooled
9.4%
Walked
0.4%
Work from home
10.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 13.3%
Total Sales Tax 8.7%
State rate 7.3%
Avg local rate 1.4%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$83,371
12% above avg
Per Capita Income
$33,285
Unemployment Rate
4.1%
15% below avg
Poverty Rate
10.3%
Labor Force Participation
59.8%

🎓 Education

Bachelor's degree+ 11.8%
Graduate degree 2.9%

👥 Demographics

Median Age 31.2
Male median age 30.8
Female median age 31.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 79 — Moderate
17%
Good air days/yr
660
Max AQI recorded
98
PM2.5 days
207
Ozone days

Frequently Asked Questions

What is the cost of living in Lakeland Village, CA?

Lakeland Village has a cost index of 140 (100 = national average). It is 40% above the national average.

What is average rent in Lakeland Village, CA?

The median gross rent in Lakeland Village is $1,834 per month based on 2023 Census data.

What is the average home price in Lakeland Village?

The median home value in Lakeland Village is $429,000 according to 2023 Census ACS data.

What is the median income in Lakeland Village?

The median household income in Lakeland Village is $83,371 per year (2023 ACS 5-year estimates).

What is the sales tax in Lakeland Village, CA?

The combined state and local sales tax rate in Lakeland Village is 8.7%. The California state income tax top rate is 13.3%.

Is Lakeland Village, CA affordable?

Lakeland Village is above average in cost of living, with an index of 140 — about 40% higher than the national average.

Lakeland Village at a Glance

Population
11,587
Median Income
$83,371
Home Value
$429,000
Median Rent
$1,834/mo
Unemployment
4.1%
Sales Tax
8.7%
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Explore county-level cost of living data

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