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Real Estate Prices & Overview

Rio Rico Estates median real estate price is $220,595, which is less expensive than 82.6% of Arizona neighborhoods and 73.1% of all U.S. neighborhoods.

The average rental price in Rio Rico Estates is currently $1,828, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.1% of Arizona neighborhoods.

Rio Rico Estates is a rural neighborhood (based on population density) located in Rio Rico, Arizona.

Rio Rico Estates real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Rio Rico Estates 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 Rio Rico Estates are 3.8%, which is lower than one will find in 75.0% of American neighborhoods. Demand for real estate in Rio Rico Estates 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.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Rio Rico Estates neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 7.3% of the workforce so employed, this neighborhood has a greater concentration of such workers than 98.3% of U.S. neighborhoods.

Diversity

Did you know that the Rio Rico Estates neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 89.4% of this neighborhood's residents have Mexican ancestry.

Rio Rico Estates is also pretty special linguistically. Significantly, 87.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.3% of all U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Rio Rico Estates neighborhood in Rio Rico are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.1% of U.S. neighborhoods. With 40.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.2% 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 Estates neighborhood, 25.2% 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 clerical, assistant, and tech support occupations, with 25.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.6%), and 20.0% in executive, management, and professional occupations.

Languages

The most common language spoken in the Rio Rico Estates neighborhood is Spanish, spoken by 87.4% of households. Some people also speak English (12.6%).

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 Rio Rico Estates neighborhood in Rio Rico, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (89.4%). There are also a number of people of Puerto Rican ancestry (3.6%), and residents who report German roots (2.9%). In addition, 30.8% 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 Rio Rico Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (56.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.2%) 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 (8.9%) . 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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