Rio Rancho, NM Community Information

Rio Rancho, NM Homes for Sale

Rio Rancho, NM Community Information

Population

78,177

Median Age

34.0

Median Household Income

$56,610

Households with Children

52.39%

Median Travel Time to Work

28 minutes

Rio Rancho, NM Real Estate Market Information

Homes Owned

78.29%

Homes Rented

16.91%

Homes Vacant

4.81%

Rio Rancho, NM Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

13:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Rio Rancho, NM School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 78,177
  • Total Male Population 38,350
  • Total Female Population 39,827
  • Population change since 2000 128.86%
  • Median age 34.0
  • Percent of households with children 52.39%
  • Personal Crime risk 33

Transportation

  • Median travel time to work 28 minutes
  • Percent using Public transportation 0.37%
  • Percent Driving/Using Carpool 94.46
  • Percent Using Other transportation 1.52%
  • Percent Working From Home 3.65%

Education Levels

  • Some high school 6.74%
  • High school graduate 27.76%
  • Some college 27.52%
  • Associate degree 10.81%
  • Bachelor's degree 18.57%
  • Graduate degree 8.60%

Occupation

  • Agriculture, forestry, and fishing 0.21%
  • Construction 6.48%
  • Manufacturing 11.78%
  • Wholesale Trade 2.64%
  • Retail Trade 12.87%
  • Finance, insurance and real estate 6.65%
  • Services 4.71%
  • Public administration 6.69%
  • Information 3.72%
  • Professional 11.20%
  • Education 17.52%
  • Arts 10.00%

Income

  • Average household income $64,322
  • Income change since 2000 16.78%

Climate

  • Avg. January high/low temp 47.93 / 20.59
  • Avg. July high/low temp 91.60 / 60.70
  • Annual precipitation 11.02
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