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