Menifee, CA Economy


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Menifee, CA is a growing city located in Riverside County with plenty of amenities to offer its residents. With an estimated population of around 90,000 people, Menifee has attracted businesses such as Walmart, Petco, and Home Depot that provide local citizens with employment opportunities. In addition to the abundance of shopping centers and restaurants, Menifee also offers several lakeside parks including Wheatfield Park and Pontis Park for outdoor activities. Residents can enjoy a variety of leisure activities such as hiking trails, kayaking and paddle boating. Furthermore, renters can find reasonable 2 bedroom rental prices averaging at $2,220 while the US average stands at $1,430. Grocery cost index is also lower than the US average in Menifee. All these factors make Menifee an excellent place for raising families or enjoying retirement years in peace and comfort.

Menifee has an unemployment rate of 8.4%. The US average is 6.0%.

Menifee has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.

Tax Rates for Menifee
- The Sales Tax Rate for Menifee is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Menifee 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 Menifee
- The average income of a Menifee resident is $23,165 a year. The US average is $28,555 a year.
- The Median household income of a Menifee resident is $80,741 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMenifee, CaliforniaUnited States
  8.46
  -5.8%-6.2%
  39.9%33.5%
  8.8%6.2%
  8.0%4.6%
  $33,042$37,638
  $80,741$69,021
  $92,186$85,028
  Population by Occupation
  0.7%1.2%
  0.2%0.5%
  9.3%6.8%
  7.1%10.0%
  3.1%2.5%
  12.8%11.0%
  5.6%4.8%
  0.8%0.8%
  2.0%1.9%
  3.2%4.7%
  2.3%1.9%
  4.9%7.6%
  0.1%0.1%
  4.1%4.2%
  10.8%9.3%
  11.6%14.0%
  4.6%2.1%
  6.3%7.0%
  4.4%4.8%
  6.2%4.7%
Reviews for Menifee
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Over 5 years ago

You would have to be seriously mentally unstable to not give Menifee five stars. It was voted in the top 5 places to live in California! It's growth is in an enormous  More

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Over 5 years ago

I grew up in Menifee and thank God I was able to get the hell out of there. My childhood rural community was overrun with tacky track homes and city people. Traffic is  More

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Over 10 years ago

Have lived here 25 yrs, raised 2 kids here. A great community, good atmosphere & feels as safe to live here as possible  More

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