Rancho Santa Margarita Average Income, Population and Demographics
Are you tired of spending 10+ hours searching for demographic and population data for Rancho Santa Margarita, California? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!
In this article, we'll explore most of the 190+ data points we have for Rancho Santa Margarita, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.
The data on this page is from the 2022 American Community Survey (ACS) 5Year survey from the US Census Bureau.
Median Household Income
According to the latest ACS 5year survey in 2022, the median household income in Rancho Santa Margarita is $150,146.00.
The chart below shows the average household income by age in Rancho Santa Margarita.
Average Household Income
A very commonly asked question is "what is the average household income in Rancho Santa Margarita, California?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.
The average (or mean) household income in Rancho Santa Margarita is $173,790.00.
35.60% of households in Rancho Santa Margarita, California are classed as high income households (making $200,000+ per year).
The difference between a median and an average income
The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.
Both metrics are important when looking at the income statistics for Rancho Santa Margarita but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.
Household Income Tiers for Rancho Santa Margarita
We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.
The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Rancho Santa Margarita, California easier to view.
You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.
Per Capita Income
The per capita income is the average income of all people in Rancho Santa Margarita, California. This is calculated by dividing the total income of all people in Rancho Santa Margarita by the total number of people in Rancho Santa Margarita.
It differs from the average or mean household income because it includes all people in Rancho Santa Margarita and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).
The per capita income in Rancho Santa Margarita, California is $62,035.00.
Population in Rancho Santa Margarita by Race and Ethnicity
The total population in Rancho Santa Margarita is currently 47,702 people.
The race and ethnicity of the population in Rancho Santa Margarita can be very important for social research, economics, and marketing to a multiculturial society.
Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.
The chart below breaks down the population and percentage for each race and ethnicity in Rancho Santa Margarita, California.
Population of Rancho Santa Margarita by Age and Gender
Another very important demographics statistic for Rancho Santa Margarita, California is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.
In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.
Education Levels
Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.
What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.
The chart below shows the educational attainment of the population in Rancho Santa Margarita, California.
Unemployment Rates
The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Rancho Santa Margarita because it can show how many people are actively looking for work and how many people are unable to find a job.
Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Rancho Santa Margarita look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.
The unemployment rate is calculated using the total population in Rancho Santa Margarita, California that are over the age of 16.
The current population in Rancho Santa Margarita that are over the age of 16 is 38,176 people.
The unemployment rate in Rancho Santa Margarita is 3.30%, which means 933 people are unemployed.
Median Age in Rancho Santa Margarita
The median age is an interesting metric because it gives us an idea of the age distribution of people in Rancho Santa Margarita, California. You know when you see a median age that it is the age where half of the population is older and half is younger than it.
For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.
An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.
The median age in Rancho Santa Margarita is 40.1 years old.
We can also look at the median age by gender to compare the see how each group compares to the total median age:
Median age by gender in Rancho Santa Margarita
40.1
Total
39.9
Male
40.3
Female
Households and Families
There are a total of 16,798 households in Rancho Santa Margarita, and the average household size is 2.84 people.
For families, the total number is 12,843, and the average family size is 3.31 people.
3.40% of those families in Rancho Santa Margarita, California are living below the poverty line.
The table below shows the poverty thresholds for Rancho Santa Margarita in .
Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.
Households and Families by Marital Status
There are four types of household and family, as defined by the Census Bureau:
 Marriedcouple
 Male householder, no spouse present
 Female householder, no spouse present
 Nonfamily household
In the table below, you can see the total households and families in Rancho Santa Margarita, California for each type, as well as the average sizes.
Housing Data in Rancho Santa Margarita
There are total of 17,150 housing units in Rancho Santa Margarita, California. Of those units, 16,798 (97.95%) are occupied, and 352 (2.05%) are vacant.
Rental Rates
Of the 17,150 housing units in Rancho Santa Margarita, 4,496 (26.22%) are occupied by renters. The median rent paid by renters is $2,441.00.
Owner occupied housing units make up the remaining 71.37% of housing units, with 12,240 housing units in total.
The table below breaks down how much rent is paid by renters in Rancho Santa Margarita, California.
Property Values
The median value of a property in Rancho Santa Margarita is $861,100.00.
The table below breaks down the range of valuations for all properties in Rancho Santa Margarita.
Property Age
We can also look at the number of properties built in a given year to see the spread of property age in Rancho Santa Margarita, California.
Vehicles Available per Household
Finally, we have data on how many vehicles each household in Rancho Santa Margarita has. The table below breaks down the number of vehicles available per household.
Commuting to Work in Rancho Santa Margarita
The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.
Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?
Using these metrics, we can get a better understanding of the demographics of Rancho Santa Margarita, California, how they commute, and how that correlates to other data points.
The average travel time is 27 minutes, and the chart below covers the range of travel times across the population of Rancho Santa Margarita.
We can also look at the means of transport in Rancho Santa Margarita to see which modes of transport people are using to commute to work.
Conclusion
Hopefully this article has given you the demographics data you were looking for in Rancho Santa Margarita, California.
If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Rancho Santa Margarita.
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