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Rio Rancho has a population of approximately 102,403 and experiences a population change rate of 97.82%. The population density is 990.2 / sq mi .
The median household income for Rio Rancho is $70,615, with 37,307 households and an average household size of 2.73.
The median value of a home in Rio Rancho is $310,800 with an appreciation rate of 17.10%. 75.52% of housing in the state is owned while 20.38% is rented.
The cost of living in Rio Rancho is 102.6 %.
The unemployment rate in Rio Rancho is 2.80%, and recent job growth is at 0.98%. Future job growth is projected at 42.44%.
The sales tax rate in Rio Rancho is 8.00%, while the income tax rate is 4.90% .
School expenditures in Rio Rancho 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 10.1 inches of snow per year.
