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Real Estate Prices & Overview

Rancho La Vita median real estate price is $483,515, which is less expensive than 81.2% of California neighborhoods and 32.3% of all U.S. neighborhoods.

The average rental price in Rancho La Vita is currently $3,630, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.8% of the neighborhoods in California.

Rancho La Vita is a rural neighborhood (based on population density) located in Menifee, California.

Rancho La Vita real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Rancho La Vita 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.

Rancho La Vita has a 11.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Rancho La Vita neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 40.5% of the households here have four, five, or more cars. That is more cars per household than in 98.3% of the neighborhoods in the nation.

Modes of Transportation

Our research reveals that 90.1% of commuters who live in the Rancho La Vita neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 96.4% of U.S. neighborhoods.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 96.4% of all neighborhoods in America, with 34.1% 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.

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 La Vita neighborhood in Menifee are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.3% 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 53.8% of U.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 Rancho La Vita neighborhood, 30.1% 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 29.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.1%), and 17.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Rancho La Vita neighborhood is English, spoken by 67.7% of households. Some people also speak Spanish (29.9%).

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 La Vita neighborhood in Menifee, CA, residents most commonly identify their ethnicity or ancestry as Mexican (45.7%). There are also a number of people of German ancestry (8.9%), and residents who report Irish roots (5.5%), and some of the residents are also of English ancestry (5.0%), along with some Italian ancestry residents (3.5%), among others. In addition, 11.8% of the residents of this neighborhood were born in another country.

Getting to Work

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 Rancho La Vita neighborhood spend between 45 minutes and one hour commuting one-way to work (32.9% of working residents), longer and tougher than most commutes in America.

Here most residents (90.1%) 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 (8.3%) . 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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