Rancho del Oro Neighborhood Overview
Rancho del Oro is a neighborhood in Yuma, Arizona, primarily served by the 85367 ZIP code. It presents a classic Main market tier profile, characterized by a high degree of homeownership and stable, affordable housing. The neighborhood's median home value is $159,700, with the average home size being 1,075 square feet. This affordability is reflected in the mortgage market, where recent HMDA data shows 733 total loan originations, with a significant portion being Conventional loans (370) and a notable use of VA loans (196), alongside FHA loans (167).
The housing market is overwhelmingly owner-occupied, with a homeownership rate of 83.3% and a corresponding renter-occupied rate of 16.7%. For those renting, the median gross rent is $1,103 per month. The neighborhood's economic foundation is supported by a median household income of $52,600, which aligns with the accessible home prices to create a community primarily consisting of homeowners.
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