Elizabeth Lake, CA Economy


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Elizabeth Lake, CA is a beautiful city located in the Antelope Valley of northern Los Angeles County. It offers an array of amenities such as excellent schools, parks, and shopping centers. The rent for a two bedroom apartment in Elizabeth Lake is $1,880 which is higher than the national average of $1,430. Moreover, the grocery cost index in Elizabeth Lake is slightly lower than the US index at 99 versus 100.
Elizabeth Lake is home to many businesses such as Burgerim, ZRock 106.7 radio station, Antelope Valley Wine & Spirits and Sundown Surplus. Additionally there are several banks located nearby such as Bank of America and US Bank. Furthermore there are local restaurants that can provide delicious food including Sushi Santa Clarita and Pono Hawaiian Grill. All these businesses make Elizabeth Lake an ideal place to live for families looking for convenience and quality services.

Elizabeth Lake has an unemployment rate of 10.9%. The US average is 6.0%.

Elizabeth Lake has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Elizabeth Lake
- The Sales Tax Rate for Elizabeth Lake is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Elizabeth Lake is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Elizabeth Lake
- The average income of a Elizabeth Lake resident is $30,157 a year. The US average is $28,555 a year.
- The Median household income of a Elizabeth Lake resident is $84,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElizabeth Lake, CaliforniaUnited States
  10.96
  -12.2%-6.2%
  33.7%33.5%
  9.5%6.2%
  8.0%4.6%
  $38,910$37,638
  $84,000$69,021
  $97,708$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  17.3%6.8%
  15.1%10.0%
  0.4%2.5%
  8.5%11.0%
  4.0%4.8%
  6.5%0.8%
  0.8%1.9%
  2.5%4.7%
  3.3%1.9%
  7.6%7.6%
  0.0%0.1%
  5.9%4.2%
  5.2%9.3%
  7.2%14.0%
  3.8%2.1%
  2.2%7.0%
  4.5%4.8%
  5.2%4.7%
Reviews for Elizabeth Lake
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Over 7 years ago

I've been here for 6 years and I would say it's a great place to live overall. It's nice and quiet, and the air quality is good. We had a major fire go through here a  More

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