Rio Rancho, New Mexico is a moderately-sized city with a population of 92,966 people. According to the most recent Census, 80% of Rio Rancho residents are White, 3% Black and 2% Asian. Additionally, more than a quarter of the population of Rio Rancho are of Hispanic or Latino origin, and 15% of the population also speak Spanish. Rio Rancho is known to be family friendly as more than 75% of the population has already tied the knot. It might also be worth noting that 57% of residents also have children under the age of 18.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Rio Rancho, New Mexico. The best areas in Rio Rancho and in surrounding cities are easier to find when you are able to make informed decisions. Using data from weather, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the New Mexico and national averages.
Rio Rancho has a livability score of 72/100 and is ranked #81 in New Mexico and #8,838 in the USA. If we explore each of the categories individually, we see that Rio Rancho ranks well for amenities (A+) and crime (B). On a less positive note, Rio Rancho does not have favorable scores for the following: education (F) and housing (F). If we take a look at the data, we can find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Rio Rancho on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Some of the notable things to do include: J&R Vintage Auto Museum, Rio Rancho Country Club, and New Day Therapeutic Massage.
Low violent crime (murder, rape, robbery, assault) is a must for most people when searching for a new area to live. At 171 crimes per 100,000 residents, Rio Rancho has a violent crime rate that is far below the national average.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Rio Rancho. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Rio Rancho are affordable. Median real estate prices in Rio Rancho come in at $173,100, which is 7.1% higher than the New Mexico average. The home price to income ratio compares the median home prices to the median household income. In Rio Rancho, the home price to income ratio is 2.8, which is 20% lower than the New Mexico average. Year over year appreciation rates for homes in the Rio Rancho area were 3.9% and the 5 year appreciation rates came in at 3.3%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
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