New Mexico · Census place 23840
El Rancho CDP, NM
Quick answer
El Rancho CDP has 1,432 residents, ranking #124 of 527 places in New Mexico. Median household income is $78,594, the median home is worth $257,100 and median gross rent runs $1,080 a month.
- Population
- 1,432El Rancho CDP residents
- Median household income
- $78,594Past 12 months, inflation adjusted
- Median home value
- $257,100Owner-occupied units
- Median gross rent
- $1,080Rent plus utilities, monthly
- Median age
- 39.2 yrsAll residents
- Homeownership rate
- 77.2%Owner-occupied households
What the numbers mean in El Rancho CDP
Housing cost measured against local earnings.
A household earning the El Rancho CDP median would spend about 16.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.1% of residents and 77.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Mexico.
- Keeler Farm CDP 1,450
- La Villita CDP 1,440
- Sandia Knolls CDP 1,436
- Berino CDP 1,429
- San Felipe Pueblo CDP 1,420
- Church Rock CDP 1,413
- Paraje CDP 1,405
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