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Rio Rancho New Mexico Real Estate By Jennifer Hershey

Rio Rancho New Mexico Real Estate

Rio Rancho, New Mexico, is located in Sandoval County, of , and 240 miles N of El Paso, Texas. Rio Rancho has a population of 51,765.

Rio Rancho Homes

Rio Rancho properties pool is 18,965 residential properties including Rio Rancho new homes. Median age of real estate in Rio Rancho is 1988. Average Household size is 3.14 people. 2% are one bedroom homes, 18% are 2 bedroom homes, 64% are 3 bedroom homes, 13% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Rio Rancho Mortgage Statistics

Rio Rancho mortgages vs. USA median statistics

Homes Rio Rancho USA
Homes With No Mortgage 14%
30%
Homes With Mortgage 86%
70%
First Mortgage Only 66%
54%
First & Second Mortgage or HELOC 20%
16%

Rio Rancho Area Real Estate Tax

Rio Rancho Real estate Tax: Median Real Estate Taxes (2000) were $770 comparing to 1999 Median Family income $ 52,233. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Rio Rancho School District: Children make up 29.2% of Rio Rancho population. Rio Rancho has 15,106 under 18 years old residents, or 0.62 kids per one worker, or 0.8 kids per one household.

Rio Rancho Real Estate & Rio Rancho Homeownership

There are 3982.65 or 21% one person households, 6068.8 or 32% two person households, and 3413.7 or 18% three person households in Rio Rancho, New Mexico. Median residents age is 35.1, Senior citizens (65+) make up 6,058 or 11.7%% of Rio Rancho population.

There are 24,412 workers (over 16 years of age) in Rio Rancho. Of these, 94.98% drive to work. Approximately 0.45% of workers in Rio Rancho take public transportation. An estimated 0.44% walk to work.

Median Rio Rancho homeowner's housing expences are 21.3%

Crime in Rio Rancho (2003), crimes per 10,000 residents per year

Type of Crime Rio Rancho USA, 2003
Violent Crimes
37.28
47.5
Robberies
2.32
14.2
Aggravated Assaults
28.78
29.5
Property Crimes
261.37
358.8
Burglaries
54.67
74.0
Larceny-Thefts
187
241.5
Motor Vehicle Thefts
19.7
43.3

Invest in Rio Rancho Properties

When making a decision about buying real estate in Rio Rancho New Mexico area, you should consider following statistical data:

Category Rio Rancho USA
Near Medium City
-
Near Large City
El Paso, Texas
-
Rio Rancho Zip Codes
87124, 87144
-
Rio Rancho Area Codes
505
-
White population
78.36%
75.1%
African-American population
2.66%
12.3%
Asian
1.46%
3.6%
American Indian & Alaskan
2.37%
0.9%
Hispanic (of any race)
27.68%
12.5%
Median Family Income (1999)
$ 52,233%
$42,000
Population Below Poverty Level
5.06%
12.4%

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