Rio Rancho, NM Profile: Facts & Data

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Rio Rancho, New Mexico - Basic Facts

The City of Rio Rancho is the 3rd largest city in New Mexico with a population of 102,374 as of July 1, 2020. Rio Rancho 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 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.

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Rio Rancho, NM Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 102,374 (100%)
Population in Households 102,168 (99.8%)
Population in Families 85,779 (83.8%)
Population in Group Quarters1 206 ( 0.2%)
Population Density 990
Diversity Index2 73
 
 

INCOME

Median Household Income $55,438
Average Household Income $72,962
% of Income for Mortgage4 15%
Per Capita Income $26,505
Wealth Index5 70
 

HOUSING

Total HU (Housing Units) 39,376 (100%)
Owner Occupied HU 27,265 (69.2%)
Renter Occupied HU 9,897 (25.1%)
Vacant Housing Units 2,214 ( 5.6%)
Median Home Value $197,157
Average Home Value $225,098
Housing Affordability Index3 159
 

HOUSEHOLDS

Total Households 37,162
Average Household Size 2.75
Family Households 26,502
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. 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.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. 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

2010-2020 2020-2025
Population 1.55% 3.92%
Households 1.52% 3.86%
Families 1.3% 3.76%
Median Household Income   0.76%
Per Capita Income   2.07%
Owner Occupied HU   5.02%

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Rio Rancho, NM - Peer Comparisons by Rank and Percentile

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, 2020 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 # 3 100th
Population Density # 47 90th
Median Household Income # 72 84th
Housing Affordability Index # 239 54th
Per Capita Income # 138 69th
Diversity Index # 114 74th

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

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