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Rio Rancho, New Mexico

city · Sandoval County (primary) , Bernalillo County

At a glance

108,515
Population
$310,200
Median home value (all homes)
2% above U.S. median
$364,155
Typical market value
Zillow, 2026-07
$1,514/mo
Median rent
12% above U.S. median
$89,596
Median household income
14% above U.S. median
29.7 min
Average commute
94.6%
Homes with broadband
77.34%
Locations with fiber available
4.6%
Unemployment

Cost of living (Clay Affordability Index)

CAI 100 — 0% below the national average. how it's computed

Housing20% above
Goods & services3% below
Utilities18% below
Taxes31% below
Insurance21% below
Commute cost1% below
For business: New Mexico is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Colleges in town:
Nearest 4-year college2 mi
Nearest community college4 mi
Nearest technical college1 mi
High school graduates95.2%
College graduates34%

Doing business here

Economic development contacts, most local first:

city Rio Rancho
city Rio Rancho Economic Development Corp
Sandoval Economic Alliance (SEA) is a private, not-for-profit economic development corporation established to strengthen and diversify the economic base of Sandoval County, including the municipalities of Bernalillo, Corrales, Cuba, Jemez Springs, and Rio Rancho, along with the nine Native American pueblos, three Navajo Chapters, and part of the Jicarilla Apache Reservation. SEA provides a broad range of free and confidential services to businesses and industries considering new locations for expansion, relocation, or consolidation. Services include identifying sites, facilities, incentive programs, and workforce research while cultivating local and state support. SEA also assists existing businesses through retention and expansion programs, as well as, economic gardening to foster positive growth in the business community.
region Regional Development Corp (Northern New Mexico)
The RDC is a private non-profit 501(c)3 organization dedicated to improving economic development in Northern New Mexico. The RDC provides private investment opportunities and technical assistance to facilitate job growth and diversify the economies of communities in seven counties and the municipalities and Native American Pueblos therein.
state New Mexico Economic Development
The New Mexico Economic Development Department's (NMEDD) mission is creating pathways to prosperity for all New Mexicans. The department works to attract, retain, and expand businesses in New Mexico through a variety of incentive programs, grants, and resources designed to grow the state's economy and create high-wage jobs. NMEDD supports communities across the state with tools for economic development, outdoor recreation, film production, and entrepreneurship.
state New Mexico Economic Development Partnership
The New Mexico Partnership is the state’s single point of contact for business expansion, representing the State of New Mexico by helping companies outside the state explore opportunities, evaluate sites, and establish new operations here with confidence, through site selection support, incentive guidance, workforce analysis, and local coordination with the New Mexico Economic Development Department and a statewide network of partners.
state New Mexico Small Business Development Center
The New Mexico SBDC Network provides no-cost business consulting and low or no cost business training to entrepreneurs throughout the state. The organization aims to develop skilled entrepreneurs and strong businesses through counseling and trainings.
state The Navajo Nation Economic Development
The Navajo Nation Division of Economic Development provides information and assistance for businesses considering investment, expansion, or relocation on Navajo Nation lands across Arizona, New Mexico, and Utah, highlighting land, labor resources, energy resources, and tax incentives to attract economic activity.
State sales taxYes
State income taxYes
Right-to-work stateNo

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