Living in El Rancho, New Mexico
Cost of living, income, home prices, rent and demographics of El Rancho · Census data 2020–2024
El Rancho has 1,451 residents with a median age of 39.1. The median household income is $80,417 (26% higher than the New Mexico median), the median home value is $281,400, the median rent is $1,070/month.
El Rancho is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
El Rancho at a glance
- Population
- 1,451
- Median age
- 39.1State: 39.4
- Median household income
- $80,417State: $64,059
- Median home value
- $281,400State: $248,100
- Median rent
- $1,070/moState: $1,067
- Homeowners
- 77.8%
- Bachelor's degree or higher
- 35.7%
- Average commute
- 29 min
Is El Rancho a good place to live?
Pros: Median household income 26% higher than the New Mexico median; unemployment of 0.9%.
Cons: Home values 13% higher than the state median; an average commute of 29 minutes; a poverty rate of 19.6%.
The weather is best in April–May and September–October.
Cost of living in El Rancho
Housing is the biggest part of the cost of living. In El Rancho the median home value is $281,400, 15% lower than the U.S. median. Renters pay a median of $1,070 per month, which is 24.1% of household income. Homeowners with a mortgage pay $1,505 a month in housing costs.
El Rancho median household income
The median household income in El Rancho is $80,417 and the income per person is $45,643. 19.6% of residents live below the poverty line (New Mexico: 17.8%).
Housing in El Rancho: homes for sale and rent
- Housing units
- 666
- Owner-occupied
- 77.8%
- Renter-occupied
- 22.2%
- Vacant
- 8.6%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.38
El Rancho demographics
- Population
- 1,451
- Median age
- 39.1
- Under 18
- 25.9%
- 65 and older
- 19.8%
- Households
- 609
- Foreign-born
- 6.8%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of El Rancho ›
Education in El Rancho
35.7% of adults 25 and older in El Rancho have a bachelor's degree or higher (New Mexico: 31%), and 19.4% have a graduate or professional degree.
Jobs and commute in El Rancho
- Unemployment rate
- 0.9%State: 6%
- Average commute
- 29 minState: 24 min
- Work from home
- 7.4%
- Drive alone
- 83.3%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 90.6%
El Rancho vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| El Rancho | 1,451 | $80,417 | $281,400 | $1,070 |
| Jaconita | 268 | $101,250 | $244,400 | $850 |
| San Ildefonso Pueblo | 737 | $91,042 | $190,900 | $635 |
| Jacona | 412 | $84,375 | $475,000 | $1,150 |
| La Mesilla | 2,697 | $81,438 | $315,800 | $1,012 |
| Pojoaque | 2,327 | $74,028 | $165,600 | $951 |
| Cuyamungue | 509 | $76,458 | $364,100 | $950 |
| El Valle de Arroyo Seco | 1,293 | $67,826 | — | — |
| Santa Clara Pueblo | 733 | $46,875 | $123,900 | $1,052 |
More for people moving to El Rancho
El Rancho ZIP code ›Weather and climate ›Living in El Rancho: FAQ
What is the median household income in El Rancho, NM?
The median household income in El Rancho is $80,417, 26% higher than the New Mexico median of $64,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in El Rancho?
The median home value in El Rancho is $281,400, compared with $248,100 in New Mexico.
How much is rent in El Rancho?
The median gross rent in El Rancho is $1,070 per month, about 24.1% of household income.
Is El Rancho, NM a good place to live?
Pluses: median household income 26% higher than the New Mexico median; unemployment of 0.9%. Minuses: home values 13% higher than the state median; an average commute of 29 minutes; a poverty rate of 19.6%.
What is the median age in El Rancho?
The median age in El Rancho is 39.1 years (New Mexico: 39.4).
How long is the commute in El Rancho?
The average commute to work in El Rancho is 29 minutes; 7.4% of workers work from home.
What is the unemployment rate in El Rancho?
The unemployment rate in El Rancho is 0.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is El Rancho?
35.7% of adults in El Rancho have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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