El Rancho, NM
Population 1,432 · New Mexico
About El Rancho, NM
El Rancho is a small town located in New Mexico with a population of 1,432 residents according to the latest US Census Bureau American Community Survey data. The median household income is $78,594 per year, which is 5% above the national median of $75,149. The median age of 39.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in El Rancho features a median home value of $257,100, which is 5% above the national median of $244,900. This positions El Rancho in a moderately priced market relative to the rest of the country. Median monthly rent is $1,080, 7% below the national average of $1,163/month. Of the 658 total housing units, 77% are owner-occupied (455 units) and 23% are renter-occupied (134 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in El Rancho shows an unemployment rate of 1.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.1%, above the national average of 12.4%. Workers in El Rancho have an average one-way commute time of 29.5 minutes.
Education & Demographics
33.1% of El Rancho residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 28.5% White, 7.2% Hispanic or Latino, 0.0% Black or African American, and 45.5% Asian residents, with 8.0% of the population being foreign-born.
How El Rancho Ranks in New Mexico
Cost of Living in El Rancho, NM
Compared to national averages, El Rancho has a median household income of $78,594 (5% above the national median of $75,149). Home values average $257,100, which is 5% above the national median. Monthly rent at $1,080 is 7% below the US average of $1,163. Within New Mexico, El Rancho's income is 17% above the state average of $67,435, and home values are 10% above the state median of $233,762.
Why Live in El Rancho, NM?
El Rancho offers a strong local economy with a median household income of $78,594, well above the national average, and rent that’s lower than the national average at $1,080/month, and a strong job market with an unemployment rate of just 1.1%.
El Rancho has a population of 1,432 with a median age of 39.2 years. Compare El Rancho with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near El Rancho
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Berino | 1,429 | $37,614 | $0 | Compare |
| Sandia Knolls | 1,436 | $102,801 | $286,400 | Compare |
| La Villita | 1,440 | $130,357 | $259,500 | Compare |
| San Felipe Pueblo | 1,420 | $55,385 | $255,400 | Compare |
| Keeler Farm | 1,450 | $43,750 | $121,800 | Compare |
| Church Rock | 1,413 | $35,417 | $36,500 | Compare |
| Thunder Mountain | 1,456 | $44,757 | $339,500 | Compare |
| Paraje | 1,405 | $30,284 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare El Rancho With Other Cities
Frequently Asked Questions about El Rancho
What is the population of El Rancho, NM?
The population of El Rancho, NM is 1,432 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Mexico.
What is the median household income in El Rancho?
The median household income in El Rancho, NM is $78,594 per year, which is 5% above the national median of $75,149.
What is the median home value in El Rancho?
The median home value in El Rancho, NM is $257,100, which is 5% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in El Rancho?
The median monthly rent in El Rancho, NM is $1,080, which is 7% below the national average of $1,163/month.
What is the unemployment rate in El Rancho?
The unemployment rate in El Rancho, NM is 1.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is El Rancho, NM a good place to live?
El Rancho offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,432 and a median age of 39.2, the city appeals to a broad range of residents.
How educated is El Rancho, NM?
33.1% of residents in El Rancho aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in El Rancho?
Key cost-of-living indicators for El Rancho, NM: median home value is $257,100 (5% above national), median rent is $1,080/month, and median household income is $78,594. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in El Rancho?
The poverty rate in El Rancho, NM is 19.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is El Rancho, NM?
El Rancho's population is 28.5% White, 7.2% Hispanic or Latino, 0.0% Black or African American, 45.5% Asian, and 0.3% two or more races. 8.0% of residents are foreign-born.