Cresswind Charleston
Charleston, South Carolina
Rio Rancho, New Mexico
What It Is Like to Retire in Rio rancho
Rio Rancho is the third-largest and also one of the fastest growing cities in New Mexico. As of the 2020 census, this new and suburban city had a population of 104,046, a 15% rise from 2010. It lies in the Albuquerque Basin to the west of the Rio Grande, about 12 miles from Albuquerque. Although the community is very popular with young families, we hear reports that some people of retirement age enjoy living here, some of them saying the community offers good value for the money. The housing and community have a suburban feel. Photo of The New City Hall courtesy of Wikipedia and AllenS (public domain). Photo of Santa Ana Star Center courtesy of Camerafiend and Wikipedia Licensed under CC BY-SA 3.0/.
Where to Retire in Rio rancho and Home Prices
The median home value in Rio Rancho was $321,383 in mid-2023, according to Zillow, which puts it slightly below the national index.
What Is Special about Rio rancho
The city is in the beautiful state of New Mexico near mountains and the big city of Albuquerque. There is a community college.
What Is Not Special about Rio rancho
Tends to be more for younger families than retirees, although 16% of the population is 65 or older.
Who Will Like Retirement in Rio rancho
People who want to be near the mountains of New Mexico and close to Albuquerque, but not in it, might enjoy living in Rio Rancho.
Local Economy Is Driven by
There are a fair number of good sized businesses in Rio Rancho, including Intel, which is by far the largest. It has one of the largest semiconductor fabrication plants in the world. There is considerable development going on here.
Climate and Physical Environment
It is located 12 miles from Albuquerque in north central NM. January average temp is in the mid 30s and July avg temp in the mid 70s. There is typically a few inches of snow per month in winter, but the rest of the year is dry.
Restaurants & Cultural Scene
Restaurant chains are more likely than independents. Univ of NM has a branch here, and there is also Central New Mexico Community College.
Crime
The crime rate is about 2/3 the national average.
Medical facilities
The Rust Medical Center. Albuquerque offers additional hospitals and doctors.
Transportation
There is some bus service. ABQ has the big airport.
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