Rio Rancho (87124) in New Mexico Real Estate, Demographics, Mortgage and Jobs

USA	New Mexico	Rio Rancho New Mexico

Rio Rancho, NM 87124

Rio Rancho (87124) has an estimated 51,404 residents with 51,207 of those people in approximately 19,363 housing units. The 87124 zipcode contains 12,462 housing units that are owned with a mortgage or a loan, 2,552 housing units that are owned free and clear and 4,349 housing units that are renter occupied.

In Rio Rancho (87124) the median listing price of $215,000 has risen by $0 since 2018-10.

In 2018 the average percentage drop was 2.49% of original listing price.

Zip code 87124 is in the Albuquerque metropolitan area.
The median estimated home value in Rio Rancho, NM (87124) is $183,400 as of 2018-10-31

In Rio Rancho, NM (87124), values have dropped by -0.02 from when they peaked at $186,300 in 2007-Q4

The Zillow Market Health Index for Rio Rancho, NM (87124) is 1.36. The corresponding state value is 2.55. This is significantly lower than the overall Market Health Index of NewMexico.
Metro value is 2.49.
This is significantly lower than the overall Market Health Index of Albuquerque.

Current Weather in RioRancho Created 3 Jan 01:15 am MST in Albuquerque, NM
	Mostly Clear Mostly clear, with a low around 10. Northwest wind around 10 mph.

Demographics of Rio Rancho zipcode 87124
The median age here is 37.50. This age is 98.7% the national median age.
The number of male residents is 24,909 with a median age of 36.00 years. The number of female residents is 26,495 with a median age of 38.90 years. This yields a ♂ to ♀ ratio of 0.94
The average household is 2.64 persons and has an income of $61,495.
The average family size in Rio Rancho is 3.15.
Area Code: 505
Time zone: Mountain USA
Region: West - Mountain
Has Daylight Saving: Yes
Businesses: 919
Employment: 14,639
Medicare Area: Albuquerque, NM
County: SANDOVAL

Interested in adding this type of zip code level housing statistics to your website? Click here for the QuantaLoan.com city widget code for Rio Rancho (87124).