Rio Rancho has a population of 104,351 with a median age of 39.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 104,351 |
| Median Age | 39.0 |
| White | 67.0% |
| Black or African American | 2.9% |
| Asian | 2.0% |
| Hispanic or Latino | 43.4% |
The median household income in Rio Rancho is $78,978, which is 5.1% above the national median of $75,149. The per capita income is $36,247. The poverty rate is 7.1%.
The unemployment rate in Rio Rancho is 5.5%, compared to the national rate of 5.4%.
In Rio Rancho, 94.6% of residents age 25+ have a high school diploma or higher, and 33.2% hold a bachelor's degree or higher (12.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.6% |
| Bachelor's Degree or Higher | 33.2% |
| Graduate or Professional Degree | 12.3% |
The median home value in Rio Rancho is $246,700, below the national median of $281,900. The median monthly rent is $1,357. The homeownership rate is 81.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $246,700 |
| Median Monthly Rent | $1,357 |
| Homeownership Rate | 81.1% |
| Vacancy Rate | 3.8% |
Find resources to help plan your move, explore homes, and compare insurance rates in New Mexico.
Explore salary data for popular occupations in New Mexico: