Farmington vs Rio Rancho
| Farmington | Rio Rancho | |
|---|---|---|
| Population | 46,457 | 104,351 |
| Median Household Income | $68,784 | $89,596 |
| Median Home Value | $233,000 | $310,200 |
| Median Gross Rent | $1,037/mo | $1,514/mo |
| Homeownership Rate | 66.2% | 82.2% |
| Unemployment Rate | 3.9% | 4.6% |
| Bachelor's Degree or Higher | 26.2% | 34.0% |
| Median Age | 38.7 | 39.5 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.