Economy in Rio Rancho, New Mexico

Economy

Economy	Rio Rancho, NM	United States
Unemployment Rate	7.50%	9.10%
Recent Job Growth	-0.65%	-0.12%
Future Job Growth	31.20%	31.25%
Sales Taxes	6.69%	6.80%
Income Taxes	5.30%	6.25%
Income per Cap.	$25,561	$27,067
Household Income	$60,374	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	6.28%	12.10%
Income between 15K and 25K	7.10%	10.18%
Income between 25K and 35K	9.57%	10.56%
Income between 35K and 50K	15.53%	14.98%
Income between 50K and 75K	27.37%	19.53%
Income between 75K and 100K	16.98%	12.52%
Income between 100K and 150K	12.93%	12.14%
Income between 150K and 250K	2.30%	3.91%
Income between 250K and 500K	1.65%	3.34%
Income greater than 500K	0.30%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	13.91%	13.81%
Professional and Related Occupations	22.14%	22.68%
Service	11.48%	14.51%
Sales and Office	30.85%	25.22%
Farming, Fishing, and Forestry	0.04%	0.68%
Construction, Extraction, and Maintenance	10.08%	9.37%
Production, Transportation, and Material Moving	13.79%	15.86%

The unemployment rate in Rio Rancho, NM, is 7.50%, with job growth of -0.65%. Future job growth over the next ten years is predicted to be 31.20%.

Rio Rancho, NM,sales tax rate is 6.69%. Income tax is 5.30%.

The income per capita is $25,561, which includes all adults and children. The median household income is $60,374.

Rio Rancho Economy SperlingViews