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.
Population
97976
Unemployment
6.4%
36% NAT AVG.
Poverty
8.5%
39% NAT AVG.
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%