Rancho Santa Margarita is a medium-sized city located in the state of California. With a population of 46,722 people and nine associated neighborhoods, Rancho Santa Margarita is the 194th 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.

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.

Of important note, Rancho Santa Margarita is also a city of artists. Rancho Santa Margarita has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Rancho Santa Margarita’s character.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 18.10% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

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.

The education level of Rancho Santa Margarita ranks among the highest in the nation. Of the 25-and-older adult population in Rancho Santa Margarita, 49.95% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Rancho Santa Margarita in 2018 was $62,035, which is wealthy relative to California and the nation. This equates to an annual income of $248,140 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 20.41% of the city’s residents. Important ancestries of people in Rancho Santa Margarita include German, English, Irish, Italian, and European.

In addition, Rancho Santa Margarita has a lot of people living here who were born outside of the US (20.76%).

The most common language spoken in Rancho Santa Margarita is English. Other important languages spoken here include Spanish and Tagalog.