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Real Estate Prices & Overview

Rio Rancho West median real estate price is $470,303, which is more expensive than 85.8% of the neighborhoods in New Mexico and 66.4% of the neighborhoods in the U.S.

The average rental price in Rio Rancho West is currently $2,099, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.4% of the neighborhoods in New Mexico.

Rio Rancho West is a rural neighborhood (based on population density) located in Rio Rancho, New Mexico.

Rio Rancho West real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Rio Rancho West neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Rio Rancho West, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Rio Rancho West is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

With a real estate vacancy rate of only 0.0%, the Rio Rancho West neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Rio Rancho West neighborhood. A whopping 71.7% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.1% of the neighborhoods in the U.S. Everything here just feels new.

People

Of note is NeighborhoodScout's research finding that the Rio Rancho West neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Rio Rancho West community truly stands out from the rest in this regard.

In addition, according to NeighborhoodScout's exclusive analysis, Rio Rancho West is among the best neighborhoods for families in New Mexico. In fact, this neighborhood is more family-friendly than 98.5% of neighborhoods in the entire state of New Mexico. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Rio Rancho West neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives.

Occupations

The Rio Rancho West neighborhood has a greater proportion of government workers living in it than 95.7% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Diversity

Did you know that the Rio Rancho West neighborhood has more Native American and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.6% of this neighborhood's residents have Native American ancestry and 4.1% have Portuguese ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Rio Rancho West neighborhood in Rio Rancho are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.4% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Rio Rancho West neighborhood, 57.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 16.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.5%), and 13.3% in government jobs, whether they are in local, state, or federal positions.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Rio Rancho West neighborhood is English, spoken by 75.1% of households. Other important languages spoken here include Spanish, Italian and Polish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Rio Rancho West neighborhood in Rio Rancho, NM, residents most commonly identify their ethnicity or ancestry as Mexican (26.7%). There are also a number of people of English ancestry (10.9%), and residents who report German roots (8.0%), and some of the residents are also of Irish ancestry (7.8%), along with some Native American ancestry residents (7.6%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Rio Rancho West neighborhood spend between 30 and 45 minutes commuting one-way to work (37.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (76.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (16.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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Economics & Demographics include:
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Race & Ethnic Diversity
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Crime includes:
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Schools include:
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