Rio Rancho is a small city in NM with a population of 94,155 residents. With a median home price of $464,576 (33% above the national median) and median household income of $57,366, Rio Rancho is considered very expensive with a price-to-income ratio of 8.1x.
The real estate market in Rio Rancho features a median home price of $464,576, which is 33% higher than the U.S. national median of $350,000. Monthly rent averages $1,936, 29% above the national average. Over the past decade, rent has increased by 87%.
Rio Rancho has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Rio Rancho offers a median household income of $57,366, which is 18% lower than the national median of $70,000. Residents spend approximately 40% of their income on rent annually, which may pose affordability challenges for some households.
Understanding the climate of Rio Rancho is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Rio Rancho compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Rio Rancho is $464,576, with average monthly rent of $1,936. The median household income is $57,366, giving the city a price-to-income ratio of 8.1x.
Rio Rancho is considered expensive with a price-to-income ratio of 8.1x, above the national average of 5x.
Rio Rancho has a population of 94,155 residents, making it the #431 largest city in the United States.
Rio Rancho has a violent crime rate of 821 per 100,000 residents, which is above the national average. The property crime rate is 2772 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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