Rio Rancho is a relatively large city located in the state of New Mexico. With a population of 110,660 people and 21 associated neighborhoods, Rio Rancho is the third largest community in New Mexico. There's nothing like the smell of a brand new house, and in Rio Rancho, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Rio Rancho, and putting down their money on brand new construction. Rio Rancho’s real estate is, on average, some of the newest in the nation. Rio Rancho does seem to be experiencing an influx of affluent people, because the median household income is $85,755.00. Rio Rancho real estate is some of the most expensive in New Mexico, although Rio Rancho house values don't compare to the most expensive real estate in the U.S.Unlike some cities, Rio Rancho isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Rio Rancho are a mix of both white- and blue-collar jobs. Overall, Rio Rancho is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Rio Rancho who work in office and administrative support (12.84%), sales jobs (10.78%), and management occupations (10.11%). Also of interest is that Rio Rancho has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Rio Rancho telecommute to their jobs. Overall, about 13.84% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. One downside of living in Rio Rancho, however, is that residents on average have to contend with a long commute, spending on average 30.91 minutes every day commuting to work. In terms of college education, Rio Rancho is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 33.59% of adults in Rio Rancho have a college degree. The per capita income in Rio Rancho in 2022 was $39,161, which is upper middle income relative to New Mexico and the nation. This equates to an annual income of $156,644 for a family of four. However, Rio Rancho contains both very wealthy and poor people as well. Rio Rancho is an extremely ethnically-diverse city. The people who call Rio Rancho home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Rio Rancho residents report their race to be White, followed by Native American. Rio Rancho also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 42.06% of the city’s residents. Important ancestries of people in Rio Rancho include German, English, Irish, Italian, and French. The most common language spoken in Rio Rancho is English. Other important languages spoken here include Spanish and Native American languages.