Greer Ranch median real estate price is $928,520, which is more expensive than 55.6% of the neighborhoods in California and 88.7% of the neighborhoods in the U.S.
The average rental price in Greer Ranch is currently $4,087, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.1% of the neighborhoods in California.
Greer Ranch is a suburban neighborhood (based on population density) located in Murrieta, California.
Greer 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 townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Greer Ranch neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Greer Ranch are 5.2%, which is lower than one will find in 62.5% of American neighborhoods. Demand for real estate in Greer 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.
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 Murrieta, the Greer Ranch neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Homes built from 2000 through today make up a higher proportion of the Greer Ranch neighborhood's real estate landscape than 97.0% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 80.0% of the residential real estate here is classified as newer. 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.
In addition, one way that the Greer Ranch neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.9% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Greer Ranch neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Greer Ranch neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.5% of all neighborhoods in America.
If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Greer Ranch neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 11.1% executive lifestyle neighborhoods in the state of California. 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.
Did you know that the Greer Ranch neighborhood has more Welsh and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Welsh ancestry and 1.4% have Lebanese ancestry.
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 Greer Ranch neighborhood in Murrieta are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.7% of the neighborhoods in America. In addition, 3.9% 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 67.4% 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 Greer Ranch neighborhood, 53.0% 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 26.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.2%), and 7.1% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Greer Ranch neighborhood is English, spoken by 83.1% of households. Some people also speak Spanish (9.1%).
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 Greer Ranch neighborhood in Murrieta, CA, residents most commonly identify their ethnicity or ancestry as Mexican (16.9%). There are also a number of people of Irish ancestry (15.1%), and residents who report German roots (10.3%), and some of the residents are also of English ancestry (8.7%), along with some Italian ancestry residents (8.4%), among others. In addition, 11.6% 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 Greer Ranch neighborhood spend between 45 minutes and one hour commuting one-way to work (36.7% of working residents), longer and tougher than most commutes in America.
Here most residents (71.8%) 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 (5.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.