Living in Rio Rancho Estates, New Mexico
Cost of living, income, home prices, rent and demographics of Rio Rancho Estates · Census data 2020–2024
Rio Rancho Estates has 1,571 residents with a median age of 46.5. The median household income is $91,635 (43% higher than the New Mexico median), the median home value is $153,500.
Rio Rancho Estates at a glance
- Population
- 1,571
- Median age
- 46.5State: 39.4
- Median household income
- $91,635State: $64,059
- Median home value
- $153,500State: $248,100
- Homeowners
- 91.2%
- Bachelor's degree or higher
- 16%
- Average commute
- 43 min
Is Rio Rancho Estates a good place to live?
Pros: Median household income 43% higher than the New Mexico median; home values 38% lower than the state median; unemployment of 3.7%.
Cons: An average commute of 43 minutes; a poverty rate of 19.6%.
The weather is best in April–May and September–October.
Cost of living in Rio Rancho Estates
Housing is the biggest part of the cost of living. In Rio Rancho Estates the median home value is $153,500, 54% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,426 a month in housing costs.
Rio Rancho Estates median household income
The median household income in Rio Rancho Estates is $91,635 and the income per person is $33,910. 19.6% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Rio Rancho Estates: homes for sale and rent
- Housing units
- 605
- Owner-occupied
- 91.2%
- Renter-occupied
- 8.8%
- Vacant
- 11.4%Includes seasonal homes
- Median year built
- 1998
- Average household size
- 2.93
Rio Rancho Estates demographics
- Population
- 1,571
- Median age
- 46.5
- Under 18
- 8.5%
- 65 and older
- 7.5%
- Households
- 536
- Foreign-born
- 11.6%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Rio Rancho Estates ›
Education in Rio Rancho Estates
16% of adults 25 and older in Rio Rancho Estates have a bachelor's degree or higher (New Mexico: 31%), and 2.2% have a graduate or professional degree.
Jobs and commute in Rio Rancho Estates
- Unemployment rate
- 3.7%State: 6%
- Average commute
- 43 minState: 24 min
- Work from home
- 13.2%
- Drive alone
- 69.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87.3%
Rio Rancho Estates vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Rio Rancho Estates | 1,571 | $91,635 | $153,500 | — |
| Rio Rancho | 108,515 | $89,596 | $310,200 | $1,514 |
| Paradise Hills | 4,591 | $73,295 | $254,600 | $1,361 |
| Corrales | 8,555 | $102,307 | $571,500 | $1,143 |
| Los Ranchos de Albuquerque | 5,857 | $72,992 | $492,400 | $1,061 |
| Pueblo of Sandia Village | 416 | $30,625 | $225,800 | — |
| North Valley | 10,455 | $61,498 | $302,700 | $893 |
| Edith Enclave | 185 | $91,875 | $318,800 | $950 |
| Bernalillo | 9,086 | $63,880 | $255,500 | $902 |
More for people moving to Rio Rancho Estates
Rio Rancho Estates ZIP code ›Weather and climate ›Living in Rio Rancho Estates: FAQ
What is the median household income in Rio Rancho Estates, NM?
The median household income in Rio Rancho Estates is $91,635, 43% 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 Rio Rancho Estates?
The median home value in Rio Rancho Estates is $153,500, compared with $248,100 in New Mexico.
Is Rio Rancho Estates, NM a good place to live?
Pluses: median household income 43% higher than the New Mexico median; home values 38% lower than the state median; unemployment of 3.7%. Minuses: an average commute of 43 minutes; a poverty rate of 19.6%.
What is the median age in Rio Rancho Estates?
The median age in Rio Rancho Estates is 46.5 years (New Mexico: 39.4).
How long is the commute in Rio Rancho Estates?
The average commute to work in Rio Rancho Estates is 43 minutes; 13.2% of workers work from home.
What is the unemployment rate in Rio Rancho Estates?
The unemployment rate in Rio Rancho Estates is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Rio Rancho Estates?
16% of adults in Rio Rancho Estates 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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