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Real Estate Prices & Overview

Rancho Tapo Park median real estate price is $1,285,136, which is more expensive than 73.2% of the neighborhoods in California and 94.0% of the neighborhoods in the U.S.

The average rental price in Rancho Tapo Park is currently $4,068, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.6% of the neighborhoods in California.

Rancho Tapo Park is a rural neighborhood (based on population density) located in Simi Valley, California.

Rancho Tapo Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Rancho Tapo Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Rancho Tapo Park are 5.1%, which is lower than one will find in 65.7% of American neighborhoods. Demand for real estate in Rancho Tapo Park 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.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

In a nation where 1 out of every 4 children lives in poverty, the Rancho Tapo Park neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, neighborhoodScout's analysis shows that the Rancho Tapo Park neighborhood has a greater concentration of residents currently enrolled in college than 95.9% of the neighborhoods in the U.S. With 12.0% of the population here attending college, this is very much a college-focused neighborhood.

Also, if you're nearing retirement age, or in retirement, the Rancho Tapo Park is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 6.6% of retiree-friendly neighborhoods in California, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in California.

Diversity

Did you know that the Rancho Tapo Park neighborhood has more Danish and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.7% of this neighborhood's residents have Danish ancestry and 4.2% have Welsh ancestry.

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 Rancho Tapo Park neighborhood in Simi 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 75.6% 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 Rancho Tapo Park neighborhood, 46.8% of the working population is employed in executive, management, and professional 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 25.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.2%), and 11.8% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Rancho Tapo Park neighborhood is English, spoken by 86.9% of households. Some people also speak Spanish (5.3%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Rancho Tapo Park neighborhood in Simi Valley, CA, residents most commonly identify their ethnicity or ancestry as English (16.7%). There are also a number of people of Irish ancestry (9.9%), and residents who report German roots (9.5%), and some of the residents are also of Italian ancestry (7.7%), along with some Sub-Saharan African ancestry residents (7.3%), among others. In addition, 11.0% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Rancho Tapo Park neighborhood spend under 15 minutes commuting one-way to work (32.7% of working residents), one of the shortest commutes across America.

Here most residents (74.4%) drive alone in a private automobile to get to work. 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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