Los Ranchos de Albuquerque, NM
Full City Profile · New Mexico · Bernalillo County County
Los Ranchos de Albuquerque, NM
At a Glance
How Los Ranchos de Albuquerque Compares to the U.S. Average
Each bar shows Los Ranchos de Albuquerque's value as a percentage of the national average (100% = U.S. avg)
Is Los Ranchos de Albuquerque a Good Place to Live?
Economy & Jobs
Los Ranchos de Albuquerque residents earn a median household income of $70,801 , which is 6% below the national average of $75,149. Per capita income is $55,619. The unemployment rate stands at 1.3% (64% below the U.S. rate of 3.6%). 9.5% of residents live below the poverty line. The area is home to 22,948 business establishments, including 1,584 restaurants.
Housing & Cost of Living
The median home value in Los Ranchos de Albuquerque is $442,100 , 57% above the national median of $281,900. Zillow estimates the typical home at $713,376. Median rent is $990/month, with 38.8% of renters spending more than 30% of income on housing. The cost of living index is 92.2 (100 = national average). The median home was built in 1972.
Education
51.8% of adults in Los Ranchos de Albuquerque hold a bachelor's degree or higher (54% above the national average). 97.7% have completed high school. Local schools score 4.5/10 in standardized testing.
Climate & Weather
Los Ranchos de Albuquerque has an average annual temperature of 57°F (14°C). Winters average 37°F in January while summers reach 78°F in July. Annual precipitation totals 8.8 inches. Air quality is rated Moderate with a median AQI of 61.