Last updated: 2024 BLS data · Page refreshed:
Rio Rancho has a population of 108,515 with a median age of 39.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 108,515 |
| Median Age | 39.5 |
| White | 55.9% |
| Black or African American | 3.0% |
| Asian | 1.6% |
| Hispanic or Latino | 42.1% |
The median household income in Rio Rancho is $89,596, which is 11.1% above the national median of $80,610. The per capita income is $41,278. The poverty rate is 7.4%.
The unemployment rate in Rio Rancho is 3.8%, compared to the national rate of 4.1%.
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In Rio Rancho, 95.2% of residents age 25+ have a high school diploma or higher, and 34.0% hold a bachelor's degree or higher (13.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.2% |
| Bachelor's Degree or Higher | 34.0% |
| Graduate or Professional Degree | 13.0% |
The median home value in Rio Rancho is $310,200, above the national median of $303,400. The median monthly rent is $1,514. The homeownership rate is 82.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $310,200 |
| Median Monthly Rent | $1,514 |
| Homeownership Rate | 82.2% |
| Vacancy Rate | 3.8% |
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