š” Housing costs in Menifee?
Daily life in Lake Menifee Ca is influenced by various factors, including housing costs. A typical home costsĀ $536,500, which is 58.7% more expensive than the national average ofĀ $338,100Ā and 26.9% less expensive than the average California home, atĀ $733,500. Renting a two-bedroom unit in Menifee costsĀ $2,220Ā per month, which is 55.2% more than the national average ofĀ $1,430Ā and 3.2% more than the state average ofĀ $2,150.
š° Can I afford Menifee?
To live comfortably in Menifee, California, a minimum annual income of $102,960 for a family, and $71,200 for a single person is recommended.
Menifee delivers up one of the most appealing options for budget-friendly living found somewhere within California’s Riverside County featuring median property values standing firmly around $212K and rent often comes in a bit closer to $1,100 respectively – both considerably lower compared to other coastal places like Palm Springs or La Quinta located far further southeastward. Groceries similarly stay completely equal with United States averages due largely to local taxes & regulations while sales tax amounts out unaltered at no less than 9%.
šµļø Crime Rate
Menifee, CA has a lower than average rate of violent crime compared to the national average. In Menifee, the violent crime rate is 8.9, while the national average is 22.7. Similarly, Menifee has a lower rate of property crime than the nation as a whole. The property crime rate in Menifee is 31.8, lower than the US average of 35.4. This suggests that Menifee is generally a safe city in terms of criminal activity, with both violent and property crimes below the national average.
Crime is ranked on a scale of 1 (low crime) to 100 (high crime).
Menifee violent crime is 8.9. (The US average is 22.7)
Menifee property crime is 31.8. (The US average is 35.4)
ā ļø Climate
Residents of Menifee, CA, experience a Mediterranean climate with mild winters and warm summers, contributing to the daily life in Menifee, CA. Snow is a rare occurrence, although temperatures may occasionally drop to the mid-30s during the winter months.
Temperatures in the summer reach up to 100 degrees Fahrenheit or more on hot days. The city receives an average of 15 inches of rain per year, primarily from December through February. Humidity is generally low throughout the year, making it comfortable to spend time outdoors for most of the year.
Menifee, California gets 12 inches of rain, on average, per year. The US average is 38 inches of rain per year.
Menifee averages 0 inches of snow per year. The US average is 28 inches of snow per year.
On average, there are 272 sunny days per year in Menifee. The US average is 205 sunny days.
Menifee gets some kind of precipitation, on average, 31 days per year. Precipitation is rain, snow, sleet, or hail that falls to the ground. In order for precipitation to be counted you have to get at least .01 inches on the ground to measure.
šø Schools in Menifee
The schools in Menifee, California offer a range of educational experiences to the families that live in the area. The local schools are mostly rated highly by educational agencies and provide a supportive environment for children to learn and grow. Students receive individual attention from teachers and staff, giving them an opportunity to reach their full potential. The curriculum is well-rounded, covering all the core subject areas and providing enrichment activities such as music, art, physical education, and foreign language classes. Parents have access to a variety of resources to help their children succeed, including tutoring programs and after school clubs. With such an abundance of options available, Menifee’s families can be sure that they will find the best schooling situation for their child.
Menifee, CA is a wonderful place to seek a quality education. The local education system is strong and provides many options for students to gain an excellent education. Schools in the area have high ratings, indicating that they take great pride in providing their students with the highest quality of learning opportunities.
Students have access to a wide variety of programs such as advanced placement classes and honors courses. There are also many extracurricular activities available to help enrich the overall learning experience.
With these resources, students can develop the skills and knowledge necessary to become successful members of society after graduation. Menifee is a great place for those looking for an outstanding educational experience and a strong future.
Menifee schools spend $7,028 per student (The US average is $12,383). There are 26 pupils per teacher, 0 students per librarian, and 1,764 children per counselor.
š Economy in Menifee
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.
Housing Stats
Daily life in Menifee revolves around a dynamic housing market, with a median housing value of $536,500, which is significantly higher than the US house median value of $338,100. Additionally, Menifee’s one-year house appreciation is 9.15%, which is slightly higher than the national average of 8.27%. This indicates that Menifee’s housing market is strong and growing at a rapid pace. It appears to be an ideal place for those looking to buy or invest in a home.Ā
The median home cost in Menifee is $536,500. Home appreciation for the last 10 years has been 193.0%. Home Appreciation in Menifee is up 17.4%.
Average Age of Homes
– The median age of Menifee real estate is 21 years old.
The Rental Market in Menifee
– Renters make up 22.8% of the Menifee population.
– 0.6% of houses and apartments in Menifee are available to rent.
If you have questions about cost of living or daily life in Menifee, CA, callĀ Your Home Sold Guaranteed Realty ā David Limon Team | Visit Google Business Page.
