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Padre Ranchitos

Learn about the people, housing, costs and businesses in Padre Ranchitos, Arizona

Median Home$369,200
Population135
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade7% finance & insurance
Home Value Growth+5.0% over 2 years
Young Adults32% of residentsabove average nationally
NotableHigh Incomes$133k/year · top 6% nationally
NotableVeteran Community9% of residents · top 22% nationally
Padre Ranchitos
AZ

Frequently Asked Questions

What are today's mortgage rates in Padre Ranchitos?

As of today, the 30-year fixed mortgage rate for Padre Ranchitos is approximately 6.882% (6.918% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Padre Ranchitos?

The median home value in Padre Ranchitos is $369k. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Padre Ranchitos?

Home values in Padre Ranchitos have increased 5.0% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Padre Ranchitos?

Based on a typical all-in ownership cost of $1,815/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Padre Ranchitos is $133k/year.

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What industries drive the economy in Padre Ranchitos?

The largest employment sectors in Padre Ranchitos are public administration (17%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.