May Ranch median real estate price is $633,494, which is less expensive than 70.9% of California neighborhoods and 23.1% of all U.S. neighborhoods.
The average rental price in May Ranch is currently $3,352, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.9% of California neighborhoods.
May Ranch is a suburban neighborhood (based on population density) located in Moreno Valley, California.
May 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 apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the May Ranch neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in May Ranch are 3.3%, which is lower than one will find in 78.2% of American neighborhoods. Demand for real estate in May Ranch is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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.
NeighborhoodScout's exclusive research identifies the May Ranch neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 49.0% of its working residents employed in such fields, which is a higher proportion than 98.7% of American neighborhoods.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the May Ranch neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 39.5% of the households here have four, five, or more cars. That is more cars per household than in 98.0% of the neighborhoods in the nation.
Most neighborhoods are composed of a mixture of ages of homes, but the May Ranch stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 88.7% of the residential real estate here was built in this one time period.
In addition, the May Ranch neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.5% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.9% of all neighborhoods in America.
In the May Ranch neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.4% of commuters carpool here, which is more than in 96.7% of all U.S. neighborhoods.
NeighborhoodScout's analysis shows that the May Ranch neighborhood has a greater concentration of residents currently enrolled in college than 96.0% of the neighborhoods in the U.S. With 12.2% of the population here attending college, this is very much a college-focused neighborhood.
Did you know that the May Ranch neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 65.1% of this neighborhood's residents have Mexican ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the May Ranch neighborhood in Moreno Valley are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.6% of the neighborhoods in America. With 21.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.3% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the May Ranch neighborhood, 49.0% of the working population is employed in manufacturing and laborer 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 20.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.6%), and 12.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the May Ranch neighborhood is Spanish, spoken by 54.8% of households. Some people also speak English (43.9%).
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 May Ranch neighborhood in Moreno Valley, CA, residents most commonly identify their ethnicity or ancestry as Mexican (65.1%). There are also a number of people of Puerto Rican ancestry (2.1%), and residents who report Asian roots (1.6%), and some of the residents are also of Cuban ancestry (1.6%). In addition, 26.0% of the residents of this neighborhood were born in another country.
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 May Ranch neighborhood spend between 15 and 30 minutes commuting one-way to work (32.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (70.0%) 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 (24.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.