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Real Estate Prices & Overview

Goldmine Mountain / Bonanza Ranch median real estate price is $647,296, which is more expensive than 85.6% of the neighborhoods in Arizona and 80.0% of the neighborhoods in the U.S.

The average rental price in Goldmine Mountain / Bonanza Ranch is currently $3,104, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.2% of the neighborhoods in Arizona.

Goldmine Mountain / Bonanza Ranch is a remote neighborhood (based on population density) located in San Tan Valley, Arizona.

Goldmine Mountain / Bonanza 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 mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Goldmine Mountain / Bonanza Ranch neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Goldmine Mountain / Bonanza Ranch are 4.8%, which is lower than one will find in 67.8% of American neighborhoods. Demand for real estate in Goldmine Mountain / Bonanza 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.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Goldmine Mountain / Bonanza Ranch neighborhood. A whopping 72.4% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.3% of the neighborhoods in the U.S. Everything here just feels new.

In addition, the real estate in this neighborhood consists of more mobile homes than 95.7% of all neighborhoods in America, with 31.9% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Diversity

Did you know that the Goldmine Mountain / Bonanza Ranch neighborhood has more Norwegian and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.5% of this neighborhood's residents have Norwegian ancestry and 1.2% have Lithuanian ancestry.

The Neighbors

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 Goldmine Mountain / Bonanza Ranch neighborhood in San Tan Valley are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.8% of the neighborhoods in America. In addition, 9.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 53.1% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Goldmine Mountain / Bonanza Ranch neighborhood, 41.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 26.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.6%), and 8.5% in clerical, assistant, and tech support occupations.

Languages

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 Goldmine Mountain / Bonanza Ranch neighborhood is English, spoken by 84.5% of households. Other important languages spoken here include Spanish and Polish.

Ethnicity / Ancestry

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 Goldmine Mountain / Bonanza Ranch neighborhood in San Tan Valley, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (19.4%). There are also a number of people of German ancestry (17.3%), and residents who report Norwegian roots (13.5%), and some of the residents are also of English ancestry (10.3%), along with some Irish ancestry residents (8.1%), among others.

Getting to Work

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 Goldmine Mountain / Bonanza Ranch neighborhood spend between 45 minutes and one hour commuting one-way to work (34.0% of working residents), longer and tougher than most commutes in America.

Here most residents (74.1%) 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 (13.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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