Shaver Lake, CA
Population 355 · California
About Shaver Lake, CA
Shaver Lake is a small community located in California with a population of 355 residents according to the latest US Census Bureau American Community Survey data. The median household income is $131,875 per year, which is 75% above the national median of $75,149. The median age of 68.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Shaver Lake features a median home value of $582,800, which is 138% above the national median of $244,900. This places Shaver Lake in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 2,024 total housing units, 94% are owner-occupied (175 units) and 6% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Shaver Lake shows an unemployment rate of 7.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Shaver Lake have an average one-way commute time of 69 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
51.2% of Shaver Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 17.2% White, 0.0% Hispanic or Latino, 0.6% Black or African American, and 0.0% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Shaver Lake, CA
Compared to national averages, Shaver Lake has a median household income of $131,875 (75% above the national median of $75,149). Home values average $582,800, which is 138% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within California, Shaver Lake's income is 35% above the state average of $97,829, and home values are 11% below the state median of $653,874.
Why Live in Shaver Lake, CA?
Shaver Lake offers a strong local economy with a median household income of $131,875, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 51.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $582,800. However, Shaver Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Shaver Lake has a population of 355 with a median age of 68.6 years. Compare Shaver Lake with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Shaver Lake
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ridgecrest Heights | 355 | $55,000 | $104,400 | Compare |
| Del Dios | 357 | $153,083 | $955,400 | Compare |
| Terminous | 357 | $72,838 | $282,200 | Compare |
| Mesa | 358 | $135,667 | $561,500 | Compare |
| California Pines | 359 | $55,583 | $244,000 | Compare |
| Woodville Farm Labor Camp | 361 | $48,077 | $0 | Compare |
| Vina | 348 | $41,101 | $115,200 | Compare |
| Olde Stockdale | 363 | $161,923 | $642,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Shaver Lake With Other Cities
Frequently Asked Questions about Shaver Lake
What is the population of Shaver Lake, CA?
The population of Shaver Lake, CA is 355 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in California.
What is the median household income in Shaver Lake?
The median household income in Shaver Lake, CA is $131,875 per year, which is 75% above the national median of $75,149.
What is the median home value in Shaver Lake?
The median home value in Shaver Lake, CA is $582,800, which is 138% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Shaver Lake?
The median monthly rent in Shaver Lake, CA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Shaver Lake?
The unemployment rate in Shaver Lake, CA is 7.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Shaver Lake, CA a good place to live?
Shaver Lake offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 355 and a median age of 68.6, the city appeals to established professionals and retirees.
How educated is Shaver Lake, CA?
51.2% of residents in Shaver Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Shaver Lake?
Key cost-of-living indicators for Shaver Lake, CA: median home value is $582,800 (138% above national), median rent is $0/month, and median household income is $131,875. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Shaver Lake?
The poverty rate in Shaver Lake, CA is 4.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Shaver Lake, CA?
Shaver Lake's population is 17.2% White, 0.0% Hispanic or Latino, 0.6% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.6% of residents are foreign-born.