Silverado Ranch median real estate price is $671,073, which is more expensive than 82.9% of the neighborhoods in Nevada and 78.5% of the neighborhoods in the U.S.
The average rental price in Silverado Ranch is currently $2,354, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.4% of Nevada neighborhoods.
Silverado Ranch is an urban neighborhood (based on population density) located in Las Vegas, Nevada.
Silverado Ranch real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Silverado Ranch 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.
Real estate vacancies in Silverado Ranch are 5.5%, which is lower than one will find in 63.1% of American neighborhoods. Demand for real estate in Silverado Ranch is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Las Vegas, the Silverado Ranch neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Significantly, 5.1% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 98.1% of the neighborhoods in America.
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 Silverado Ranch neighborhood in Las Vegas are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 70.3% of the neighborhoods in America. With 11.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.7% 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 Silverado Ranch neighborhood, 34.8% 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 28.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.0%), and 16.4% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Silverado Ranch neighborhood is English, spoken by 68.8% of households. Other important languages spoken here include Spanish and Tagalog (the first language of the Philippine region).
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 Silverado Ranch neighborhood in Las Vegas, NV, residents most commonly identify their ethnicity or ancestry as Mexican (19.5%). There are also a number of people of Asian ancestry (18.8%), and residents who report German roots (10.7%), and some of the residents are also of Italian ancestry (8.6%), along with some English ancestry residents (7.2%), among others. In addition, 18.5% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Silverado Ranch neighborhood spend between 15 and 30 minutes commuting one-way to work (45.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.8%) 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 (10.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.