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Real Estate Prices & Overview

Traditions At Caughlin Ranch / Caughlin Ranch median real estate price is $1,102,805, which is more expensive than 97.7% of the neighborhoods in Nevada and 94.5% of the neighborhoods in the U.S.

The average rental price in Traditions At Caughlin Ranch / Caughlin Ranch is currently $4,650, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.4% of the neighborhoods in Nevada.

Traditions At Caughlin Ranch / Caughlin Ranch is a suburban neighborhood (based on population density) located in Reno, Nevada.

Traditions At Caughlin Ranch / Caughlin Ranch real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Traditions At Caughlin Ranch / Caughlin Ranch 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.

In Traditions At Caughlin Ranch / Caughlin Ranch, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 82.0% of all neighborhoods in the U.S. This means that the housing supply in Traditions At Caughlin Ranch / Caughlin Ranch is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Reno, the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood is wealthier than 96.1% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Traditions At Caughlin Ranch / Caughlin Ranch also has one of the lowest ratings of child poverty in the nation.

In addition, a majority of the adults in the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Nevada by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.5% of the neighborhoods in Nevada. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and active retirees.

Also, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 36.8% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 96.0% of U.S. neighborhoods, where the average American neighborhood has 13.1% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Finally, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 95.2% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 37.9% of the households here have four, five, or more cars. That is more cars per household than in 97.5% of the neighborhoods in the nation.

Diversity

Did you know that the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood has more Eastern European and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.9% of this neighborhood's residents have Eastern European ancestry and 26.2% have English ancestry.

Traditions At Caughlin Ranch / Caughlin Ranch is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 95.5% 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 Traditions At Caughlin Ranch / Caughlin Ranch neighborhood in Reno are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 96.1% 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 Traditions At Caughlin Ranch / Caughlin Ranch neighborhood, 65.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 16.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (9.5%), and 8.9% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood is English, spoken by 93.9% of households. Some people also speak Polish (2.8%).

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 Traditions At Caughlin Ranch / Caughlin Ranch neighborhood in Reno, NV, residents most commonly identify their ethnicity or ancestry as English (26.2%). There are also a number of people of Irish ancestry (19.8%), and residents who report German roots (14.8%), and some of the residents are also of Italian ancestry (7.4%), along with some Scottish ancestry residents (4.2%), among others.

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 Traditions At Caughlin Ranch / Caughlin Ranch neighborhood spend between 15 and 30 minutes commuting one-way to work (50.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.8%) 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 (7.7%) . 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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