City of Rio Rancho / Sandoval County

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hp-ribbon-cuttingHewlett Packard in Rio Rancho. Located in Sandoval County, with a portion of the city extending in to northern Bernalillo County, Rio Rancho boasts a business-friendly location characterized by low crime rates, a high-performing public education system, and excellent quality of life. Rio Rancho residents enjoy:

  • A mild four-season climate
  • A low cost of living well below the national average and a diverse and affordable housing stock
  • Easy access to the greater Metro region, Santa Fe and outdoor recreation throughout the state

Incorporated in 1981, Rio Rancho is currently the State's fastest-growing and third-largest city. Nicknamed the 'City of Vision,' Rio Rancho offers:

  • An impressive pro-business attitude
  • A new City Center serving as the hub of activity and business, and home to the new City Hall, Star Events Center, Intel Corp., Hewlett-Packard, UNM West and CNM campuses, and UNM Sandoval Regional Medical Center and teaching hospital
  • A variety of incentives and training programs for businesses including: Fast Track Building Permits, Impact Fee Waivers, IRB's, High Wage Jobs Tax Credits and more

In addition:

Rio Rancho at a Glance

Area 104 square miles
Population (2016 estimate) 142,000
Labor Force Size (August 2013) 56,140 (Sandoval County)
Median Age (2016 estimate) 38.9 (Rio Rancho)
Median Household Income (2016 estimate) $57,200 (Sandoval County)
Cost of Living (2017 estimate) 97

Largest Employers

rr-soccer-fieldA view of the Sandia Mountains from Rio Rancho.

Target Industries

  • Life Sciences
    • Biomed Testing and Labs
    • Medical Suppliers
    • Medical Technology
    • Natural Resource Management Technology
  • Professional Services & Support
    • Financial & Technology Support Centers
    • Cybersecurity
    • Warehousing & Distribution
    • Data Centers
  • Advanced Technology & Manufacturing
    • Aerospace
    • Electronics Manufacturing
    • Metal Manufacturing
    • Renewable Energy
    • Robotics
  • Research & Development

Transportation

  • Air: Albuquerque International Sunport and the Double Eagle II general aviation airport are located less than 40 minutes from Rio Rancho
  • Ground: Close proximity to Interstates 25 & 40, major in town thoroughfares include NM 550 and NM 528
  • Train, Commuter: The NM RailRunner Express connects the entire region, from Santa Fe (60 miles north) and Belen (35 miles south)

Housing

  • Rio Rancho offers a diverse housing stock ranging from affordable new single family homes to high end residential developments
  • Median Home Value: $178,100 (RR 2016) & $180,200 (Sandco 2016)

Education

Additional Resources

Contact

To learn more about the benefits of doing business in Rio Rancho, please contact Sandoval Economic Alliance.

 

 
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Contact Info

Ingenuity Central
809 Copper Avenue NW
Albuquerque, NM 87102
505-247-1750
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