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Real Estate Prices & Overview

Traditions At Caughlin Ranch / Caughlin Ranch median real estate price is $1,097,554, which is more expensive than 96.4% of the neighborhoods in Nevada and 91.7% of the neighborhoods in the U.S.

The average rental price in Traditions At Caughlin Ranch / Caughlin Ranch is currently $4,241, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.5% 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.

Real estate vacancies in Traditions At Caughlin Ranch / Caughlin Ranch are 4.0%, which is lower than one will find in 73.8% of American neighborhoods. Demand for real estate in Traditions At Caughlin Ranch / Caughlin 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.

Notable & Unique Neighborhood Characteristics

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.

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 98.4% 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 99.4% 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, active retirees and urban sophisticates.

Also, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood may actually hold the key. 70.6% of its residents are married, which is a higher percentage than is found in 96.7% of the neighborhoods in America.

Finally, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood, where 38.1% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 96.4% of the neighborhoods in America.

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 35.8% of the households here have four, five, or more cars. That is more cars per household than in 96.5% of the neighborhoods in the nation.

Diversity

Did you know that the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood has more Eastern European and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Eastern European ancestry and 2.4% have Danish ancestry.

The Neighbors

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 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 98.4% 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.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood, 63.5% 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 14.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.5%), and 9.9% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Traditions At Caughlin Ranch / Caughlin Ranch neighborhood is English, spoken by 93.1% of households. Other important languages spoken here include Spanish and Polish.

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 Traditions At Caughlin Ranch / Caughlin Ranch neighborhood in Reno, NV, residents most commonly identify their ethnicity or ancestry as English (21.9%). There are also a number of people of Irish ancestry (21.0%), and residents who report German roots (16.8%), and some of the residents are also of Italian ancestry (8.6%), along with some Mexican ancestry residents (4.7%), 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 (54.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.3%) 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 (9.3%) . 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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