The City of Menifee is home to a Mt. San Jacinto College campus, which offers a young, eager workforce ready for new opportunities. Menifee is also one of the few communities in Southern California with available land in an economic development corridor. It's a business-friendly city that is investing more than $452 million in infrastructure and traffic improvement projects through the City's Capital Improvement Program. It's quickly becoming an attractive area for young families that are interested in shopping, dining, and entertainment in their own community. The local school district is currently ranked #1 in science academia in Riverside County. The city is also home to Santa Rosa Academy, the #2 ranked charter school in the county. Additionally, all local elementary schools feature Makerspaces for students from third grade on.
A vibrant, young, business-friendly city situated in the heart of Southwest Riverside County
PopulationThe City of Menifee is home to a current population of 119,127 (Derrigo 2024) and has a projected population of 126,872 (Derrigo 2024). It has a population of 181,060 within a five-mile radius (Esri 2023). Menifee has been ranked 5th fastest growing city in California and #1 Boomtown in California (Smart Asset 2023). It also features a young, skilled workforce, with 48% of the population between the ages of 18 and 44, and 61% of the workforce is college-educated. The median age of the population is 36 years. The average household income is $112,000 (Esri 2024) and the median home value is $582,000 (Derrigo 2024).
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LocationThis centrally-located City offers lower overall property costs, including reduced land and lower property tax expenditures. Menifee is also serviced by a brine line, or non-reclaimable wastewater line, making disposal more affordable and efficient for businesses.
There are large amounts of freeway frontage available land ready for lifestyle, life science, and business park development. The city has 16 million sq ft of industrial and 1.3 million of retail under construction or in the development pipeline making Menifee the BEST location for your business! |
Features of the City
Economic Potential The City of Menifee currently has a retail, dining, and amenity leakage gap of more than $830 million, meaning that there is a growing population desiring more amenities closer to home. This makes Menifee the prime opportunity for retail/commercial development in the region.
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Available LandMenifee's economic development corridor includes more than 2,000 acres of land ready for retail/commercial development, with more than three miles of vacant, available frontage land along the heavily-traveled Interstate 215.
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GrowthIn 2023, the City of Menifee was voted Top 15 Boomtown in United States (Smart Asset 2023), 5th fastest growing city in California and #1 Boomtown in California (Smart Asset 2023). The city has 25 new residential communities under construction, with expected growth of 6.5% over the next two years.
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