Sierra Verde / Royal Ranch median real estate price is $529,772, which is more expensive than 64.8% of the neighborhoods in Arizona and 67.8% of the neighborhoods in the U.S.
The average rental price in Sierra Verde / Royal Ranch is currently $2,960, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.5% of the neighborhoods in Arizona.
Sierra Verde / Royal Ranch is an urban neighborhood (based on population density) located in Surprise, Arizona.
Sierra Verde / Royal Ranch real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Sierra Verde / Royal Ranch neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Sierra Verde / Royal Ranch, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 80.0% of all neighborhoods in the U.S. This means that the housing supply in Sierra Verde / Royal Ranch is very tight compared to the demand for property here.
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 Surprise, the Sierra Verde / Royal Ranch neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Sierra Verde / Royal Ranch neighborhood. A whopping 96.0% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 99.6% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
Did you know that the Sierra Verde / Royal Ranch neighborhood has more Greek and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have Greek ancestry and 2.5% have Native American ancestry.
Sierra Verde / Royal Ranch is also pretty special linguistically. Significantly, 2.3% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 95.3% of the neighborhoods in America.
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 Sierra Verde / Royal Ranch neighborhood in Surprise are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.1% of the neighborhoods in America. In addition, 4.9% 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 64.5% 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 Sierra Verde / Royal Ranch neighborhood, 43.5% 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 26.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.8%), and 11.3% in manufacturing and laborer occupations.
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 Sierra Verde / Royal Ranch neighborhood is English, spoken by 91.0% of households. Other important languages spoken here include Spanish, Polish and Vietnamese.
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 Sierra Verde / Royal Ranch neighborhood in Surprise, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (9.8%). There are also a number of people of English ancestry (7.7%), and residents who report Asian roots (7.0%), and some of the residents are also of Irish ancestry (6.7%), along with some German ancestry residents (6.6%), among others.
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 Sierra Verde / Royal Ranch neighborhood spend under 15 minutes commuting one-way to work (33.3% of working residents), one of the shortest commutes across America.
Here most residents (66.6%) 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 (21.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.