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Real Estate Prices & Overview

Rancho Mirage Coutry Club / Thunderbird Terrace median real estate price is $733,735, which is more expensive than 47.6% of the neighborhoods in California and 83.7% of the neighborhoods in the U.S.

The average rental price in Rancho Mirage Coutry Club / Thunderbird Terrace is currently $3,704, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.8% of the neighborhoods in California.

Rancho Mirage Coutry Club / Thunderbird Terrace is a suburban neighborhood (based on population density) located in Rancho Mirage, California.

Rancho Mirage Coutry Club / Thunderbird Terrace real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Rancho Mirage Coutry Club / Thunderbird Terrace 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.

Vacant apartments or homes are a major fact of life in Rancho Mirage Coutry Club / Thunderbird Terrace. The current real estate vacancy rate here is 50.2%. This is higher than the rate of vacancies in 98.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (43.5%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually 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.

People

Of note is NeighborhoodScout's research finding that the Rancho Mirage Coutry Club / Thunderbird Terrace neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Rancho Mirage Coutry Club / Thunderbird Terrace community truly stands out from the rest in this regard.

In addition, if you're nearing retirement age, or in retirement, the Rancho Mirage Coutry Club / Thunderbird Terrace is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.9% of retiree-friendly neighborhoods in California, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in California.

Modes of Transportation

In the Rancho Mirage Coutry Club / Thunderbird Terrace neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 30.5% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 98.8% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Real Estate

Despite all of the residential real estate here in the Rancho Mirage Coutry Club / Thunderbird Terrace neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 50.2%, which is higher than 98.6% of all U.S. neighborhoods.

In addition, if you love row houses and attached homes, you will probably really like the Rancho Mirage Coutry Club / Thunderbird Terrace neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 35.5% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the Rancho Mirage Coutry Club / Thunderbird Terrace neighborhood has more Iranian and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.0% of this neighborhood's residents have Iranian ancestry and 1.8% have Canadian ancestry.

Rancho Mirage Coutry Club / Thunderbird Terrace is also pretty special linguistically. Significantly, 1.3% 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 98.4% of the neighborhoods in America.

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 Rancho Mirage Coutry Club / Thunderbird Terrace neighborhood in Rancho Mirage are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.7% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Rancho Mirage Coutry Club / Thunderbird Terrace neighborhood, 58.0% 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 24.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.4%), and 6.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Rancho Mirage Coutry Club / Thunderbird Terrace neighborhood is English, spoken by 81.2% of households. Some people also speak Spanish (4.0%).

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 Rancho Mirage Coutry Club / Thunderbird Terrace neighborhood in Rancho Mirage, CA, residents most commonly identify their ethnicity or ancestry as English (14.6%). There are also a number of people of Irish ancestry (11.2%), and residents who report German roots (10.6%), and some of the residents are also of Irania ancestry (6.0%), along with some Italian ancestry residents (5.9%), among others. In addition, 16.3% 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 Mirage Coutry Club / Thunderbird Terrace neighborhood spend under 15 minutes commuting one-way to work (43.2% of working residents), one of the shortest commutes across America.

Here most residents (63.3%) drive alone in a private automobile to get to work. 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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