Loring Ranch / Skypark median real estate price is $651,439, which is less expensive than 71.1% of California neighborhoods and 24.5% of all U.S. neighborhoods.
The average rental price in Loring Ranch / Skypark is currently $3,357, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.2% of California neighborhoods.
Loring Ranch / Skypark is a suburban neighborhood (based on population density) located in Jurupa Valley, California.
Loring Ranch / Skypark 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 Loring Ranch / Skypark 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.
In Loring Ranch / Skypark, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Loring Ranch / Skypark is very tight compared to the demand for property here.
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.
With a real estate vacancy rate of only 0.0%, the Loring Ranch / Skypark neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Loring Ranch / Skypark neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 34.0% of the households here have four, five, or more cars. That is more cars per household than in 95.6% of the neighborhoods in the nation.
Did you know that the Loring Ranch / Skypark neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 64.7% of this neighborhood's residents have Mexican ancestry.
Loring Ranch / Skypark is also pretty special linguistically. Significantly, 63.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.5% of all U.S. neighborhoods.
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 Loring Ranch / Skypark neighborhood in Jurupa 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 74.7% 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 71.1% of U.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 Loring Ranch / Skypark neighborhood, 39.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.9%), and 18.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Loring Ranch / Skypark neighborhood is Spanish, spoken by 63.6% of households. Some people also speak English (34.1%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Loring Ranch / Skypark neighborhood in Jurupa Valley, CA, residents most commonly identify their ethnicity or ancestry as Mexican (64.7%). There are also a number of people of English ancestry (2.9%), and residents who report Asian roots (2.7%), and some of the residents are also of Puerto Rican ancestry (2.3%), along with some German ancestry residents (1.6%), among others. In addition, 29.9% 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 Loring Ranch / Skypark neighborhood spend between 15 and 30 minutes commuting one-way to work (40.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.4%) 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 (17.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.