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Rio Rancho, NM 87144 has a population of approximately 41,413 and experiences a population change rate of 168.79%. The population density is 464.4 / sq mi .
The median household income for Rio Rancho, NM 87144 is $77,687, with 16,204 households and an average household size of 2.91.
The median value of a home in Rio Rancho, NM 87144 is $299,500 with an appreciation rate of 17.10%. 78.60% of housing in the state is owned while 16.93% is rented.
The cost of living in Rio Rancho, NM 87144 is 104 %.
The unemployment rate in Rio Rancho, NM 87144 is 2.90%, and recent job growth is at 0.98%. Future job growth is projected at 42.29%.
The sales tax rate in Rio Rancho, NM 87144 is 7.56%, while the income tax rate is 4.90% .
School expenditures in Rio Rancho, NM 87144 are $13,881, and the school ratio is 15.2:1.
The average high temperature in July is 93.6 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 12 inches per year, with 10.2 inches of snow per year.