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The town of Rancho Santa Margarita, California is home to just under 49,000 people. Middle-aged professionals will feel right at home, as they make up an above-average portion of the community, while retirees are less well-represented. At an average age of just under 36, the city's residents are younger than most cities in California. The majority of Rancho Santa Margarita residents own their homes, and 29% of residents rent. With an average rent of $1,785 a month, exceeding the state average, relatively high rent costs could be playing a role in the higher levels of ownership.
Rancho Santa Margarita has a relatively high number of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 8% have earned a Master's degree or a Doctoral degree. Additionally, 22% have earned a Bachelor's degree, which also outpaces the national average. Workers are spread across a plethora of industries in Rancho Santa Margarita, the most common five of which are retail, manufacturing, scientific, entertainment, and healthcare. Combined, these industries account for 33% of the city's workforce. Meanwhile, in terms of job function, 11% of the city's population works in management, which ranks as the top profession in the city. Rancho Santa Margarita workers earn an average annual income of around $116K, more than the average California resident. Rancho Santa Margarita's average income also compares favorably to the national average ($73,345).
Rancho Santa Margarita residents have an average commute of about 32 minutes. Driving a car or truck is the most common means of commuting to work, selected by 49% of commuters, while public transit is not widely used. Walking isn't a common way to get to work.
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