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Rio Rancho: City of Vision

Rio Rancho is a young, vibrant community with an ambitious pro-business attitude. Since its incorporation in 1981, Rio Rancho has become New Mexico's second largest city in square miles, fourth largest in population, and is currently the fastest growing city in the state.

Intel Corporation anchors the business community and major companies such as Sprint PCS, Bank of America, US Cotton, Victoria's Secret and JC Penney have established key manufacturing or administrative facilities in the City. With its strategic location in the northwest quadrant of the Albuquerque Metropolitan Statistical Area, Rio Rancho is just 30 minutes from the Albuquerque International Sunport and 60 minutes from Santa Fe, the cultural center of the Southwest.

The city is planning an ambitious new city center with a 6000-seat arena and film production studios.

Rio Rancho at a Glance

Incorporated 1981
Population72,646 (2006)
Growth Rate18.5%
County
Sandoval/Bernalillo
Land Area
65,290 Acres
Elevation
5,290 Feet
Average Temperature Spring: High 70º Low 40º
Summer: High 91º Low 62º
Fall: High 71º Low 43º
Winter: High 49º Low 23º
Median Age of Population
 35
Average Household Income
 $61,747 (City Limits)
Department of Public Safety
 112 Police/56 Firefighters
Fire Rating4
Rio Rancho Public SchoolsTop-rated school system
Hospitals3
Time Zone Mountain Standard
Area Code 505
Zip Codes
87124, 87144
Gross Receipt Tax 6.6875%
2005 NR Property Tax Rates/$1000 94 IN NR: 32.438
94 OUT NR: 34.051
R1A NR: 37.244
ACCRA Cost of Living Index 97.7 (US = 100%, 4th quarter 2005

Rio Rancho Economic Development Corporation (RREDC)

The RREDC is a private, not-for-profit economic development corporation charged with strengthening and diversifying the City of Rio Rancho's economy. The RREDC's services are provided free of charge and on a confidential basis. The RREDC can help your firm:

  • identify available sites and facilities
  • understand business licensing, registration and environmental permitting requirements
  • streamline city, county and state development services requirements
  • access applicable local and statewide business support and incentive programs
  • secure market information such as population, age, education, and income statistics
  • obtain utility (electric, natural gas, water and waste water) rate estimates
  • evaluate labor availability, wage rates, access to markets and other critical site location factors

The RREDC also offers "Check for Rio Rio Rancho" a program that enables builders to donate $75 to RREDC each time they pull a building permit. Since 2005 RREDC has raised $53,000. The corporation uses funds to attract companies to relocate to Rio Rancho.

President: Noreen Scott, CEcD
Vice President Retail Development: George W. Bootes III, CEcD
Vice President Business Development: Deborah Breitfeld. CEcD
1201 Rio Rancho Blvd, Suite C
Rio Rancho, New Mexico 87124
1-800-544-8373
(505)891-4305
Fax: (505)891-4297
info@rredc.org