Los Ranchito’s median real estate price is $786,248, which is more expensive than 51.2% of California and 86.9% of the U.S.
The average rental price in Los Ranchitos is currently $3,266, based on a complete analysis. This neighborhood’s average rental cost is more than 62.2% of California’s area.
Los Ranchitos is a suburban neighborhood (based on population density) located in Temecula, California.
Los Ranchitos real estate comprises medium-sized (three or four-bedroom) to large (four, five, or more-bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner-occupied. Many of the residences in the Los Ranchitos neighborhood are established but not old, having been built between 1970 and 1999. Several homes were also built between 2000 and the present. A1 Temecula Pest Control & Bed Bug
In Los Ranchitos, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 85.5% of all neighborhoods in the U.S. This means that the housing supply in Los Ranchitos is very tight compared to the demand for property here.
Neighbors
There are two complementary measures for understanding the income of a neighborhood’s residents: the average and the extreme. While an area may be relatively wealthy overall, it is equally important to understand the rate of people – particularly children – living at or below the federal poverty line, which is a meager income. Some neighborhoods with a lower average income may have a lower childhood poverty rate than others with a higher average income, which helps us understand a neighborhood’s conditions and character.
The neighbors in the Los Ranchitos neighborhood in Temecula are upper-middle income, making it an above-average income neighborhood. Exclusive analysis reveals that this neighborhood has a higher income than 82.8% of the areas in America. In addition, 0.0% of the children seventeen and under living in this neighborhood live below the federal poverty line, which is a lower rate of childhood poverty than in 100.0% of America’s communities.
Of note is NeighborhoodScout’s research finding that the Los Ranchitos neighborhood has some of the lowest rates of children living in poverty in any neighborhood in the United States. In a nation where approximately 1 in 4 children lives in poverty, the Los Ranchitos community stands out from the rest.
Demographics
In the Los Ranchitos neighborhood in Temecula, CA, residents most commonly identify their ethnicity or ancestry as Mexican (17.9%). There are also several people of German origin (16.7%) and residents who report English roots (12.7%), and some of the residents are also of Irish ancestry (10.9%), along with some Asian ancestry residents (10.3%), among others. In addition, 15.0% of the residents of this neighborhood were born in another country.
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