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Real Estate Prices & Overview

Rancho Escondido median real estate price is $285,620, which is less expensive than 95.5% of California neighborhoods and 60.2% of all U.S. neighborhoods.

The average rental price in Rancho Escondido is currently $3,190, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.1% of California neighborhoods.

Rancho Escondido is a densely urban neighborhood (based on population density) located in Escondido, California.

Rancho Escondido real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and mobile homes. Most of the residential real estate is renter occupied. Many of the residences in the Rancho Escondido neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Rancho Escondido, the current vacancy rate is 1.3%, which is a lower rate of vacancies than 90.2% of all neighborhoods in the U.S. This means that the housing supply in Rancho Escondido is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Escondido, the Rancho Escondido neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Rancho Escondido neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 92.3% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Occupations

With 2.5% of employed workers living in the Rancho Escondido neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.1% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the Rancho Escondido neighborhood has more Iranian and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Iranian ancestry and 1.2% have Finnish ancestry.

Rancho Escondido is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.

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 Rancho Escondido neighborhood in Escondido are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.5% of U.S. neighborhoods. With 10.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.6% 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 Rancho Escondido neighborhood, 27.2% of the working population is employed in clerical, assistant, and tech support 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 25.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.1%), and 21.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the Rancho Escondido neighborhood is English, spoken by 69.6% of households. Some people also speak Spanish (25.7%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Rancho Escondido neighborhood in Escondido, CA, residents most commonly identify their ethnicity or ancestry as Mexican (35.4%). There are also a number of people of German ancestry (11.3%), and residents who report Asian roots (6.3%), and some of the residents are also of English ancestry (4.2%), along with some Irish ancestry residents (4.1%), among others. In addition, 24.0% of the residents of this neighborhood were born in another country.

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 Rancho Escondido neighborhood spend between 15 and 30 minutes commuting one-way to work (51.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.9%) 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 (9.0%) . 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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