Income & Economy in Rio Rancho, NM

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$85,755

+17% vs national

Per Capita Income

$39,161

+5% vs national

Poverty Rate

7.8%

-42% vs national

Gini Index

0.3937

0 = perfect equality

Unemployment

4.8%

-7% vs national

SNAP Recipients

11.8%

of households

How Rio Rancho Compares

Source: Census ACS (2023)

Rio Rancho vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 100,000 - 250,000 residents. Rio Rancho is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Rio Rancho. The median household income here is $85,755.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
9.8%
$25-50K
13.7%
$50-75K
20.4%
$75-100K
14.7%
$100-150K
22.7%
$150-200K
10.6%
$200K+
8.1%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.8%

-25% vs NM avg

Labor Force

52,665

Employed

49,888

Mean Commute

26 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

23.1%

of adults 25+

High School Diploma+

39.1%

of adults 25+

Median Age

39.0

Work from Home

13.8%

of workers

The median household income in Rio Rancho, NM is $85,755, which is 17.1% above the national average of $73,224. Per capita income is $39,161. The poverty rate of 7.8% is lower than the NM state average of 20.1%. The Gini index of income inequality is 0.3937, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.8%, compared to the state average of 6.4%. 23.1% of adults hold a bachelor's degree or higher. The average commute time is 26 minutes, with 13.8% working from home.