Is Rio Rancho, New Mexico a Good Place To Live? - Living In Rio Rancho, NM
Is Rio Rancho, New Mexico a good place to live?
Rio Rancho is a city in New Mexico state in USA with a population of 97976 residents..
The poverty rate of Rio Rancho is 8.5%, which is 39% lower than national average.
The typical household in Rio Rancho earns $66733 a year, compared to the national median of $67,500.
Nearly 34% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Rio Rancho, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Rio Rancho remained 6.4%, which is 36% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Rio Rancho, only 31% of adults have a bachelor's degree and 38% have some college but no degree.
Cost of living in Rio Rancho is 94, which is 6% lower than national average. Median home value in Rio Rancho is $200800 , which is 13% lower than national average. While median income in Rio Rancho remained $66733, which is 1% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Rio Rancho, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Rio Rancho remained 6.4%, which is 36% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Rio Rancho, only 31% of adults have a bachelor's degree and 38% have some college but no degree.
Cost of living in Rio Rancho is 94, which is 6% lower than national average. Median home value in Rio Rancho is $200800 , which is 13% lower than national average. While median income in Rio Rancho remained $66733, which is 1% lower than national average.
Population
97976
Unemployment
6.4%
Poverty
8.5%
Overall Score
6
Median Home Cost
$200800
13%
NAT AVG.
Median Income
$66733
1%
NAT AVG.
Median Rent
$1157
0%
NAT AVG.
Cost Of Living
94
6%
NAT AVG.
People Living BPL
1 in 12
Unemployed People
1 in 16
People Earning < $10,000
1 in 31
People Earning < $50,000
34%
People with <= High School
1 in 3.2
People With Any Degree
1 in 2.3
Pros & Cons Overview
Jobs70%
Housing80%
Affordability60%
Safety80%
Amenities80%
Diversity90%
Education80%
Commute60%
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