Los Ranchos de Albuquerque, NM Profile: Facts & Data

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Los Ranchos de Albuquerque, New Mexico - Basic Facts

The Village of Los Ranchos de Albuquerque had a population of 6,078 as of July 1, 2019. Los Ranchos de Albuquerque ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New Mexico. See peer rankings below.

The primary coordinate point for Los Ranchos de Albuquerque is located at latitude 35.162 and longitude -106.6428 in Bernalillo County. The formal boundaries for the Village of Los Ranchos de Albuquerque encompass a land area of 4.35 sq. miles and a water area of 0 sq. miles. Bernalillo County is in the Mountain time zone (GMT -7). The elevation is 4,987 feet.

The Village of Los Ranchos de Albuquerque (GNIS ID: 2413568) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

New Mexico is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Village of Los Ranchos de Albuquerque is located within Albuquerque Division of Bernalillo County.

Alternate Unofficial Names for Los Ranchos de Albuquerque: El Ranchito, Los Ranchitos.

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  1. Los Ranchos de Albuquerque 2019 Demographic Data
  2. Growth Rates for Los Ranchos de Albuquerque (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Mexico Research Tools (Easy Tools & Current Data)
  3. New Mexico Data Comparison Tool - 2019 Demographics

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Los Ranchos de Albuquerque, NM Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Los Ranchos de Albuquerque, NM Housing Affordability Index is 86
State of New Mexico Housing Affordability Index is 127
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Los Ranchos de Albuquerque, NM Wealth Index is 169
State of New Mexico Wealth Index is 71
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific New Mexico address.

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POPULATION

Total Population 6,078
Population in Households 6,078
Population in Familes 4,866
Population in Group Qrtrs 0
Population Density 1,365
Diversity Index1 71
 

INCOME

Median Household Income $71,427
Average Household Income $104,806
Per Capita Income $43,999
Wealth Index3 169

HOUSING

Total Housing Units 2,773 (100%)
Owner Occupied HU 2,007 (72.4%)
Renter Occupied HU 576 (20.8%)
Vacant Housing Units 190 ( 6.9%)
Median Home Value $446,767
Housing Affordability Index2 86
 

HOUSEHOLDS

Total Households 2,583
Average Household Size 2.35
Family Households 1,682
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.08% 0.23%
Households 0.02% 0.19%
Families 0.04% -0.1%
Median Household Income   2.09%
Per Capita Income   1.86%

Los Ranchos de Albuquerque, NM - Peer Comparisons by Rank and Percentile

The table below compares Los Ranchos de Albuquerque to the other 443 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 42 91st
Population Density # 30 93rd
Diversity Index # 156 65th
Median Household Income # 21 95th
Per Capita Income # 27 94th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.

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