RIo Rico Ranchettes / Calabasas median real estate price is $299,302, which is less expensive than 75.3% of Arizona neighborhoods and 60.5% of all U.S. neighborhoods.
The average rental price in RIo Rico Ranchettes / Calabasas is currently $2,440, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.6% of Arizona neighborhoods.
RIo Rico Ranchettes / Calabasas is a rural neighborhood (based on population density) located in Rio Rico, Arizona.
RIo Rico Ranchettes / Calabasas real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the RIo Rico Ranchettes / Calabasas neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In RIo Rico Ranchettes / Calabasas, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in RIo Rico Ranchettes / Calabasas is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the RIo Rico Ranchettes / Calabasas neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
If you're looking for a great spot to raise a family, then look no further than the RIo Rico Ranchettes / Calabasas neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 10.7% of family-friendly neighborhoods across the state of Arizona. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.
Did you know that the RIo Rico Ranchettes / Calabasas neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 84.1% of this neighborhood's residents have Mexican ancestry.
RIo Rico Ranchettes / Calabasas is also pretty special linguistically. Significantly, 80.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.6% of all U.S. neighborhoods.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the RIo Rico Ranchettes / Calabasas neighborhood in Rio Rico are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 44.3% of the neighborhoods in America. With 19.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.1% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the RIo Rico Ranchettes / Calabasas neighborhood, 30.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.8%), and 15.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the RIo Rico Ranchettes / Calabasas neighborhood is Spanish, spoken by 80.1% of households. Some people also speak English (19.9%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the RIo Rico Ranchettes / Calabasas neighborhood in Rio Rico, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (84.1%). There are also a number of people of Italian ancestry (5.4%), and residents who report French roots (2.7%), and some of the residents are also of German ancestry (2.7%), along with some Swedish ancestry residents (1.6%), among others. In addition, 30.0% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in RIo Rico Ranchettes / Calabasas neighborhood spend between 15 and 30 minutes commuting one-way to work (58.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (86.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (9.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.