Rancho Santa Margarita is a medium-sized city located in the state of California. With a population of 47,896 people and ten constituent neighborhoods, Rancho Santa Margarita is the 179th largest community in California.
Housing costs in Rancho Santa Margarita are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.
Rancho Santa Margarita is a decidedly white-collar city, with fully 90.50% of the workforce employed in white-collar jobs, well above the national average. Overall, Rancho Santa Margarita is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Rancho Santa Margarita who work in management occupations (14.70%), sales jobs (13.58%), and office and administrative support (12.01%).
Also of interest is that Rancho Santa Margarita has more people living here who work in computers and math than 95% of the places in the US.
Because of many things, Rancho Santa Margarita is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Rancho Santa Margarita really has some of the features that families look for when choosing a good community to raise children. Is Rancho Santa Margarita perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Rancho Santa Margarita is that it can take a long time to commute to work. In Rancho Santa Margarita, the average commute to work is 30.31 minutes, which is quite a bit higher than the national average.
If knowledge is power, Rancho Santa Margarita is a pretty powerful place. 51.55% of the adults in Rancho Santa Margarita have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Rancho Santa Margarita in 2018 was $51,219, which is wealthy relative to California and the nation. This equates to an annual income of $204,876 for a family of four.
Rancho Santa Margarita is an extremely ethnically-diverse city. The people who call Rancho Santa Margarita home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Rancho Santa Margarita residents report their race to be White, followed by Asian. Rancho Santa Margarita also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 20.65% of the city’s residents. Important ancestries of people in Rancho Santa Margarita include German, Irish, English, Italian, and Norwegian.
Foreign born people are also an important part of Rancho Santa Margarita's cultural character, accounting for 16.69% of the city’s population.
The most common language spoken in Rancho Santa Margarita is English. Other important languages spoken here include Spanish and Chinese.