El Rancho, New Mexico Population

El Rancho, New Mexico has a population of 2,481, with a median household income of $62,114.

Current population data for El Rancho.

2,481

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Population

2,481

💰

Median Income

$62,114

📉

Unemployment

4.80%

🏠

Housing Price

$248,114

🚨

Crime Rate

0.50

🌐

Internet Speed

133.10 Mbps

El Rancho is a small local community located in New Mexico. The city has a population that is below the average city population in New Mexico, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

El Rancho is a notable city in New Mexico, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

El Rancho has a population of 2,481, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in El Rancho is $62,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in El Rancho average around $248,114, which is relatively high compared to other cities in New Mexico.

Employment and Safety

The unemployment rate in El Rancho is 4.80%, which is lower than the state average, indicating a relatively strong job market. El Rancho has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Mexico, El Rancho shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, El Rancho offers a balanced mix of economic conditions, population trends, and housing opportunities within New Mexico.

Frequently Asked Questions about El Rancho

What is the population of El Rancho?

The population of El Rancho is approximately 2,481.

Is El Rancho a good place to live?

El Rancho offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in El Rancho?

The median household income in El Rancho is around $62,114.

How expensive is housing in El Rancho?

The average housing price in El Rancho is approximately $248,114.