Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Rancho Murieta, California is a smaller city with a population of 5,682 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (83% White). Given that fact, Rancho Murieta could be considered less diverse than other cities. With an average age of 53 years, Rancho Murieta residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. Something to be aware of when living in Rancho Murieta are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 39 minutes, this comes in much higher than the national average of 26 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Rancho Murieta, California could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like cost of living, commute, health & safety, education, housing, you can easily compare the best places to live in Rancho Murieta and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Rancho Murieta to California and the national average.
Using data and statistics Rancho Murieta has received a livability score of 57/100. This score is ranked in the 28th percentile when compared to all other cities. This is not a favorable rating; as this score ranks among some of the lowest in America. Living in Rancho Murieta may not be a pleasant experience. If we examine each of the categories on their own, we see that Rancho Murieta ranks well for crime (B+) and housing (A-). There is at least one category that did not score well in Rancho Murieta. The following was graded with a concerning score: amenities (F) and cost of living (F).
The Rancho Murieta unemployment rate of 1.5% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Finding affordable real estate and housing in Rancho Murieta can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Rancho Murieta meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Rancho Murieta. Everything else becomes a lot less important if it turns out that home prices in Rancho Murieta are simply unattainable. The median home price for Rancho Murieta homes is $518,000, which is 26.6% higher than the California average. If we take a closer look at the affordability of homes in Rancho Murieta, we’ll see that the home price to income ratio is 4.6, which is 28.1% lower than the California average.
Statistic | Rancho Murieta | California | National |
Average one way commute | 39min | 28min | 26min |
Workers who drive to work | 81.3% | 73.5% | 76.4% |
Workers who carpool | 5.4% | 10.6% | 9.3% |
Workers who take public transit | 1.3% | 5.2% | 5.1% |
Workers who bicycle | 0.0% | 1.1% | 0.6% |
Workers who walk | 0.0% | 2.7% | 2.8% |
Working from home | 11.0% | 5.4% | 4.6% |