Rancho Santa Margarita is a medium-sized city located in the state of California. With a population of 47,896 people and ten constituent neighborhoods, Rancho Santa Margarita is the 179th largest community in California.
Housing costs in Rancho Santa Margarita are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.
Rancho Santa Margarita is a decidedly white-collar city, with fully 89.76% of the workforce employed in white-collar jobs, well above the national average. Overall, Rancho Santa Margarita is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Rancho Santa Margarita who work in management occupations (14.04%), sales jobs (13.42%), and office and administrative support (11.73%).
Also of interest is that Rancho Santa Margarita has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Rancho Santa Margarita is also a city of artists. Rancho Santa Margarita has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Rancho Santa Margarita’s character.
Telecommuters are a relatively large percentage of the workforce: 7.93% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Rancho Santa Margarita is a great place for families with children to consider. First of all, many other families with children live here, making Rancho Santa Margarita a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Rancho Santa Margarita has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Rancho Santa Margarita’s overall crime rate is lower than average for the country.
One downside of living in Rancho Santa Margarita, however, is that residents on average have to contend with a long commute, spending on average 30.52 minutes every day commuting to work.
If knowledge is power, Rancho Santa Margarita is a pretty powerful place. 51.09% of the adults in Rancho Santa Margarita have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Rancho Santa Margarita in 2018 was $54,066, which is wealthy relative to California and the nation. This equates to an annual income of $216,264 for a family of four.
Rancho Santa Margarita is an extremely ethnically-diverse city. The people who call Rancho Santa Margarita home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Rancho Santa Margarita residents report their race to be White, followed by Asian. Rancho Santa Margarita also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 20.60% of the city’s residents. Important ancestries of people in Rancho Santa Margarita include German, Irish, English, Italian, and European.
Rancho Santa Margarita also has a high percentage of its population that was born in another country: 16.46%.
The most common language spoken in Rancho Santa Margarita is English. Other important languages spoken here include Spanish and Tagalog.