Menifee is a relatively large city located in the state of California. With a population of 113,433 people and 22 associated neighborhoods, Menifee is the 73rd largest community in California. Much of the housing stock in Menifee was built relatively recently. The construction of new real estate can often be taken as an indication that the local Menifee economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Menifee, where the median household income is $87,871.00.

Housing costs in Menifee are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.88% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One downside of living in Menifee, however, is that residents on average have to contend with a long commute, spending on average 37.77 minutes every day commuting to work.

In terms of college education, Menifee is nearly on par with the US average for all cities of 21.84%: 20.79% of adults 25 and older in Menifee have a bachelor's degree or advanced degree.

The per capita income in Menifee in 2022 was $35,682, which is middle income relative to California, and upper middle income relative to the rest of the US. This equates to an annual income of $142,728 for a family of four. However, Menifee contains both very wealthy and poor people as well.

Menifee is an extremely ethnically-diverse city. The people who call Menifee home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Menifee residents report their race to be White, followed by Black or African-American. Menifee also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 40.29% of the city’s residents. Important ancestries of people in Menifee include English, German, Irish, Italian, and European.

In addition, Menifee has a lot of people living here who were born outside of the US (15.12%).

The most common language spoken in Menifee is English. Other important languages spoken here include Spanish and Tagalog.