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Rio Rancho, NM Housing

 
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As of 2010-2014, median price of a house in Rio Rancho is $172,400, which is higher than the state average of $159,300 and is about the same as the national average of $175,700. The Rio Rancho median house value has grown by 52.70% since 2000. The growth rate for the price of a house in Rio Rancho is higher than the state average rate of 47.36% and is higher than the national average rate of 46.91%. The median year that a house in Rio Rancho was built is 1995, which is newer than the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 25,590 Owner Occupied Houses in Rio Rancho, NM, #86
Rio Rancho, NM
172,400 USD
New Mexico
159,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #84
Rio Rancho, NM
52.70%
New Mexico
47.36%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Rio Rancho, NMNew MexicoU.S.
Total Housing Units34,800, see rank, 100%907,233132,741,033
Occupied Housing Units32,574, 93.60%, see rank84.29%87.55%
Owner Occupied25,590, 73.53%, see rank57.46%56.34%
Renter Occupied6,984, 20.07%, see rank26.83%31.21%
Vacant Housing Units2,226, 6.40%, see rank15.71%12.45%
For Rent332, 0.95%, see rank2.38%2.34%
For Sale Only581, 1.67%, see rank1.36%1.20%
Rented or Sold, Not Occupied84, 0.24%, see rank0.84%0.92%
For Seasonal, Recreational, or Occasional Use211, 0.61%, see rank5.69%3.97%
For Migrant Workers65, 0.19%, see rank0.11%0.03%
Other Vacant953, 2.74%, see rank5.34%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #13
Rio Rancho, NMNew MexicoU.S.
199519811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Rio Rancho, NM%New MexicoU.S.
Owner-Occupied Units25,590100%521,27874,787,460
With a Mortgage20,29079.29%, see rank58.53%65.58%
Without a Mortgage5,30020.71%, see rank41.47%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Rio Rancho, NM
1,353 USD
New Mexico
1,242 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsRio Rancho, NM%New MexicoU.S.
$299 or Less80.04%, see rank0.22%0.20%
$300 to $4992481.22%, see rank2.56%1.59%
$500 to $6998624.25%, see rank8.36%5.01%
$700 to $9993,28116.17%, see rank20.68%14.32%
$1,000 to $1,4997,77738.33%, see rank34.20%27.90%
$1,500 to $1,9994,87424.02%, see rank18.89%20.35%
$2,000 to $2,9992,84214.01%, see rank11.36%19.52%
$3,000 or More3981.96%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Rio Rancho, NM
24.90% of the Total Income
New Mexico
23.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Rio Rancho, NM%New MexicoU.S.
10% or Less1,0685.26%, see rank7.26%5.86%
10% to 20%5,91729.16%, see rank32.85%31.95%
20% to 30%5,76128.39%, see rank25.70%27.64%
30% to 40%3,13715.46%, see rank12.87%13.74%
40% or More4,24320.91%, see rank20.48%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Rio Rancho, NM
379 USD
New Mexico
324 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsRio Rancho, NM%New MexicoU.S.
$199 or Less3376.36%, see rank19.60%7.76%
$200 to $29998618.60%, see rank24.69%14.70%
$300 to $4992,68750.70%, see rank37.15%34.63%
$500 to $6991,10320.81%, see rank12.63%21.16%
$700 or More1873.53%, see rank5.93%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Rio Rancho, NM
10.00% of the Total Income
New Mexico
10.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Rio Rancho, NM%New MexicoU.S.
10% or Less2,81253.06%, see rank49.80%40.19%
10% to 20%1,42726.92%, see rank27.25%31.47%
20% to 30%5199.79%, see rank9.72%12.24%
30% to 40%2444.60%, see rank4.52%5.64%
40% or More2254.25%, see rank6.81%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Rio Rancho, NMNew MexicoU.S.
Total Housing Units34,800, 100%907,233132,741,033
1-unit, Detached30,750, 88.36%, see rank64.81%61.65%
1-unit, Attached683, 1.96%, see rank3.71%5.82%
2 Units90, 0.26%, see rank1.92%3.75%
3 or 4 Units1,236, 3.55%, see rank3.65%4.43%
5 to 9 Units396, 1.14%, see rank2.72%4.78%
10 or More Units1,026, 2.95%, see rank6.53%13.08%
Mobile Home, Boat, RV, Van, etc.619, 1.78%, see rank16.67%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Rio Rancho, NMNew MexicoU.S.
Total Housing Units34,800, 100%907,233132,741,033
1 Room85, 0.24%, see rank2.62%1.95%
2 Rooms347, 1.00%, see rank2.34%2.48%
3 Rooms927, 2.66%, see rank7.65%9.13%
4 Rooms4,375, 12.57%, see rank17.57%16.60%
5 Rooms8,892, 25.55%, see rank24.59%20.41%
6 Rooms7,626, 21.91%, see rank20.08%18.06%
7 Rooms6,859, 19.71%, see rank12.20%12.27%
8 Rooms3,094, 8.89%, see rank6.66%8.48%
9 Rooms or More2,595, 7.46%, see rank6.29%10.60%
Median Rooms5.90, see rank5.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Rio Rancho, NMNew MexicoU.S.
Total Housing Units34,800, 100%907,233132,741,033
No Bedroom132, 0.38%, see rank2.87%2.17%
1 Bedroom892, 2.56%, see rank9.24%11.16%
2 Bedrooms5,342, 15.35%, see rank25.66%26.69%
3 Bedrooms18,371, 52.79%, see rank46.23%39.70%
4 Bedrooms8,729, 25.08%, see rank13.82%16.05%
5 or More Bedrooms1,334, 3.83%, see rank2.18%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Rio Rancho, NMNew MexicoU.S.
Total Housing Units32,574, 100%764,684116,211,092
Utility Gas28,399, 87.18%, see rank66.93%48.85%
Bottled, Tank, or LP Gas735, 2.26%, see rank8.60%4.86%
Electricity2,769, 8.50%, see rank16.11%36.68%
Fuel Oil, Kerosene, etc.26, 0.08%, see rank0.13%5.86%
Coal or Coke0, 0.00%, see rank0.04%0.12%
Wood360, 1.11%, see rank6.80%2.12%
Solar Energy32, 0.10%, see rank0.26%0.05%
Other Fuel204, 0.63%, see rank0.94%0.47%
No Fuel Used49, 0.15%, see rank0.19%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalRio Rancho, NMNew MexicoU.S.
Occupied Units Paying Rent6,698, 100%224,78639,201,928
$199 or Less12, 0.18%, see rank1.92%1.50%
$200 to $29951, 0.76%, see rank3.59%3.18%
$300 to $499158, 2.36%, see rank11.64%7.37%
$500 to $699382, 5.70%, see rank23.80%16.01%
$700 to $9992,478, 37.00%, see rank31.60%29.17%
$1,000 to $1,4992,604, 38.88%, see rank21.59%26.88%
$1,500 to $1,999753, 11.24%, see rank4.42%9.79%
$2,000 or More260, 3.88%, see rank1.44%6.10%
Median$1,043, see rank$774$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Rio Rancho, NMNew MexicoU.S.
Occupied Housing Units32,574, 100%764,684116,211,092
No Vehicles Available851, 2.61%, see rank5.73%9.12%
1 Vehicles Available9,118, 27.99%, see rank33.48%33.80%
2 Vehicles Available13,903, 42.68%, see rank37.82%37.48%
3 or More Vehicles Available8,702, 26.71%, see rank22.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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