Rio Rancho, NM
Population 106,533 · New Mexico
About Rio Rancho, NM
Rio Rancho is a major city in New Mexico with a population of 106,533 residents. The median household income is $85,755 per year, which is above the national average. The median age in Rio Rancho is 39 years.
Housing in Rio Rancho has a median home value of $273,300 and median monthly rent of $1,481. Of the 40,640 total housing units, the majority are owner-occupied, with 32,232 owner-occupied and 6,960 renter-occupied units.
The unemployment rate in Rio Rancho is 4.8% and the poverty rate is 7.8%. 33.6% of residents hold a bachelor's degree or higher. The average commute time is 29.9 minutes.
How Rio Rancho Ranks in New Mexico
Cost of Living in Rio Rancho, NM
Compared to national averages, Rio Rancho has a median household income of $85,755 (14% above the national median of $75,149). Home values average $273,300, which is 12% above the national median. Monthly rent at $1,481 is 27% above the US average of $1,163. Within New Mexico, Rio Rancho's income is 27% above the state average of $67,435, and home values are 17% above the state median of $233,762.
Why Live in Rio Rancho, NM?
Rio Rancho offers a strong local economy with a median household income of $85,755, well above the national average, and a low poverty rate of 7.8%, better than the national average.
Rio Rancho has a population of 106,533 with a median age of 39 years. Compare Rio Rancho with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Rio Rancho
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Las Cruces | 112,612 | $55,176 | $217,400 | Compare |
| Santa Fe | 88,224 | $70,110 | $411,500 | Compare |
| Roswell | 47,823 | $50,294 | $139,200 | Compare |
| Farmington | 46,339 | $63,745 | $225,400 | Compare |
| Hobbs | 39,887 | $65,691 | $180,700 | Compare |
| Clovis | 38,153 | $54,029 | $160,000 | Compare |
| South Valley | 36,605 | $51,062 | $205,200 | Compare |
| Carlsbad | 31,813 | $78,277 | $187,900 | 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.
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Frequently Asked Questions about Rio Rancho
What is the population of Rio Rancho, NM?
The population of Rio Rancho, NM is 106,533 according to the latest Census data.
What is the median household income in Rio Rancho?
The median household income in Rio Rancho, NM is $85,755 per year.
What is the median home value in Rio Rancho?
The median home value in Rio Rancho, NM is $273,300.
What is the average rent in Rio Rancho?
The median monthly rent in Rio Rancho, NM is $1,481.
What is the unemployment rate in Rio Rancho?
The unemployment rate in Rio Rancho, NM is 4.8%.