The City of Rio Rancho is the 3rd largest city in New Mexico with a population of 100,934 as of July 1, 2019. Rio Rancho ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Mexico. See peer rankings below.
The primary coordinate point for Rio Rancho is located at latitude 35.2334 and longitude -106.6645 in Sandoval County. The formal boundaries for the City of Rio Rancho encompass a land area of 103.34 sq. miles and a water area of 0.32 sq. miles. Sandoval County is in the Mountain time zone (GMT -7). The elevation is 5,282 feet.
While the primary coordinates for City of Rio Rancho are located in Sandoval County, it should be noted that the formal boundaries for this community also extend into and Bernalillo County.
The City of Rio Rancho (GNIS ID: 2410954) 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 City of Rio Rancho is located within Rio Rancho Division of Sandoval County.
Alternate Unofficial Names for Rio Rancho: Rio Rancho Estates.
HOUSING AFFORDABILITY INDEX
|Rio Rancho, NM Housing Affordability Index is 144
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.|
|Rio Rancho, NM Wealth Index is 71
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.
|Population in Households||100,727|
|Population in Familes||84,799|
|Population in Group Qrtrs||207|
|Median Household Income||$55,602|
|Average Household Income||$72,520|
|Per Capita Income||$26,068|
|Total Housing Units||38,796 (100%)|
|Owner Occupied HU||28,032 (72.3%)|
|Renter Occupied HU||8,221 (21.2%)|
|Vacant Housing Units||2,543 ( 6.6%)|
|Median Home Value||$189,999|
|Housing Affordability Index2||144|
|Average Household Size||2.78|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.43%|
|Per Capita Income||2.18%|
The table below compares Rio Rancho 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.
|Total Population||# 3||100th|
|Population Density||# 45||90th|
|Diversity Index||# 110||75th|
|Median Household Income||# 72||84th|
|Per Capita Income||# 122||73rd|
Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.