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Real Estate Prices & Overview

Rancho Alta Vida / Doubletree Canyon median real estate price is $1,243,304, which is more expensive than 96.5% of the neighborhoods in Arizona and 93.1% of the neighborhoods in the U.S.

The average rental price in Rancho Alta Vida / Doubletree Canyon is currently $3,379, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.7% of the neighborhoods in Arizona.

Rancho Alta Vida / Doubletree Canyon is a suburban neighborhood (based on population density) located in Phoenix, Arizona.

Rancho Alta Vida / Doubletree Canyon 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 Rancho Alta Vida / Doubletree Canyon neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Rancho Alta Vida / Doubletree Canyon, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 83.9% of all neighborhoods in the U.S. This means that the housing supply in Rancho Alta Vida / Doubletree Canyon is very tight compared to the demand for property here.

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 Rancho Alta Vida / Doubletree Canyon neighborhood is wealthier than 96.8% 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, Rancho Alta Vida / Doubletree Canyon also has one of the lowest ratings of child poverty in the nation.

In addition, a majority of the adults in the Rancho Alta Vida / Doubletree Canyon 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 Arizona by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.6% of the neighborhoods in Arizona. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates and families with school-aged children.

Also, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 97.5% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Rancho Alta Vida / Doubletree Canyon neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Real Estate

One way that the Rancho Alta Vida / Doubletree Canyon neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.9% 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.

In addition, the Rancho Alta Vida / Doubletree Canyon neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 97.9% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.1% of all neighborhoods in America.

Furthermore, real estate in the Rancho Alta Vida / Doubletree Canyon neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 95.7% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.

Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Rancho Alta Vida / Doubletree Canyon stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 81.2% of the residential real estate here was built in this one time period.

Modes of Transportation

A unique way of commuting is simply not to. And in the Rancho Alta Vida / Doubletree Canyon neighborhood, analysis shows that 27.4% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.3% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Occupations

The Rancho Alta Vida / Doubletree Canyon neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.0% of the neighborhoods in America. In fact, 69.1% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the Rancho Alta Vida / Doubletree Canyon neighborhood has more British and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have British ancestry and 2.3% have Eastern European 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 Rancho Alta Vida / Doubletree Canyon neighborhood in Phoenix 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 96.8% 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Rancho Alta Vida / Doubletree Canyon neighborhood, 69.1% 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 14.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.4%), and 7.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Rancho Alta Vida / Doubletree Canyon neighborhood is English, spoken by 92.6% of households. Some people also speak Spanish (4.9%).

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 Rancho Alta Vida / Doubletree Canyon neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as German (12.0%). There are also a number of people of English ancestry (11.9%), and residents who report Irish roots (9.5%), and some of the residents are also of Italian ancestry (7.3%), along with some Swedish ancestry residents (5.2%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Rancho Alta Vida / Doubletree Canyon neighborhood spend between 15 and 30 minutes commuting one-way to work (58.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (60.0%) 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 (12.2%) . 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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