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El Rancho, New Mexico

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,451
Population
$80,417
Median Income
$281,400
Home Value
39.1
Median Age

Demographics

El Rancho has a population of 1,451 with a median age of 39.1. Here is the racial and ethnic breakdown of the population:

Hispanic
72.4%
White
42.1%
Black
0.6%
Demographic Value
Total Population1,451
Median Age39.1
White42.1%
Black or African American0.6%
Hispanic or Latino72.4%
El Rancho, New Mexico — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 115.Hispanic/Latino: 62.9%White: 36.6%Other: 0.5%1,451PopulationHispanic/LatinoHispanic/Latino62.9%WhiteWhite36.6%OtherOther0.5%

Income & Economy

The median household income in El Rancho is $80,417, which is 0.2% below the national median of $80,610. The per capita income is $45,643. The poverty rate is 19.6%.

$80,417
Median Household Income
$45,643
Per Capita Income
19.6%
Poverty Rate

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Education

In El Rancho, 96.3% of residents age 25+ have a high school diploma or higher, and 35.7% hold a bachelor's degree or higher (19.4% with a graduate or professional degree).

HS Diploma+
96.3%
Bachelor's+
35.7%
Graduate+
19.4%
Education Level % of Adults (25+)
High School Diploma or Higher96.3%
Bachelor's Degree or Higher35.7%
Graduate or Professional Degree19.4%

Housing

The median home value in El Rancho is $281,400, below the national median of $303,400. The median monthly rent is $1,070. The homeownership rate is 77.8%.

$281,400
Median Home Value
$1,070/mo
Median Rent
77.8%
Homeownership Rate
Housing Metric Value
Median Home Value$281,400
Median Monthly Rent$1,070
Homeownership Rate77.8%
Vacancy Rate8.6%

Salaries in New Mexico

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Frequently Asked Questions

What is the population of El Rancho, New Mexico?
The population of El Rancho, New Mexico is 1,451 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in El Rancho, New Mexico?
The median household income in El Rancho, New Mexico is $80,417. This is 0.2% below the national median of $80,610.
What is the median home value in El Rancho, New Mexico?
The median home value in El Rancho, New Mexico is $281,400. The median monthly rent is $1,070.
What percentage of people in El Rancho have a college degree?
In El Rancho, New Mexico, 35.7% of adults age 25 and older hold a bachelor's degree or higher, and 96.3% have a high school diploma or higher.
Is El Rancho, New Mexico an affordable place to live?
The home price-to-income ratio in El Rancho, New Mexico is 3.5x (median home value $281,400 vs. median income $80,417), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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