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Rio Rancho Apartment Features

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All About

Living In Rio Rancho, NM

A town in New Mexico, Rio Rancho has a population of approximately 94,000. At an average age of just under 38, the city's residents are younger than most cities in New Mexico. Renters tend to be in the minority in the area, and 79% of residents own their homes. With an average rent of $1,195 per month, exceeding the state average by $320 a month, relatively high rent costs may be a factor in the higher levels of ownership.

There are two primary industries in Rio Rancho: retail and healthcare. Combined, these industries make up 14% of the workforce in the city. Meanwhile, in terms of job function, 9% of residents work in sales, making it the top profession in the city. With an average annual income of around $73K, Rio Rancho workers bring in more than the average New Mexico resident. Rio Rancho's average income, however, is nearly on par with the national average of $73,345. Rio Rancho has a relatively high concentration of residents older than 25 with an Associate's degree (7%) compared to the national average (5%). Further, 20% have a Bachelor's, Master's, Professional, or Doctoral degree.

Rio Rancho has an average commute time of about 31 minutes. Driving a vehicle is the most common means of commuting to work, opted for by 41% of commuters, while public transportation isn't used much. Relatively few residents walk to work.


Frequently Asked Questions About Rio Rancho

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You can virtually tour any apartment by using our Rio Rancho, NM Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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