Cabezon Houses For Sale Rio Rancho NM – Real Estate

Average Home Price In Cabezon Rio Rancho NM

The graph shows the average home price in Cabezon over the past 10 years. Each point on the graph is the average sales price over the past 12 years.

Cabezon is  located in an arid climate, and get around 10 inches of rain and 8 inches of snow per year.  The number of days with any measurable precipitation is 51. On average, the city boasts 273 sunny days per year.  July highs are around 91 degrees and January lows around 20. The comfort index, which is based on humidity during the hot months, is a 64 out of 100. Where higher is more comfortable. US average on the comfort index is 44.

As of 2014, Rio Rancho as a whole, has a population of 87,068 with 842 people per square mile (population density). The median age is 36.1. 54.60% of people are married and 12.66% are divorced.  The average household size is 2.75 people. 36.46% of people are married, with children. and 18.11% have children and single.

Are you interested in new homes for sale built by one of Rio Rancho’s popular home builders? We are familiar with all home builders in Albuquerque and Rio Rancho.  We can help you navigate the maze and help you meet your real estate goals when it comes to new homes.

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Rio Rancho Public Schools, and has 4 middle schools and two high schools. Two of Rio Rancho’s highly-regarded elementary schools are within walking distance from Cabezon Communities.  In addition, Rio Rancho has one public charter school called The ASK Academy. The ASK academy focuses on STEM (Science Technology Engineering Mathematics) education, and currently serves grades 7-12.  Rio Rancho schools spend $10,272 per student. There are 16 pupils per teacher, 526 students per librarian and 602 children per counselor.

In 2002, Intel opened the Intel Fab 11X, the world’s largest and most sophisticated semiconductor production plant, in the heart of Rio Rancho. A number of other large name companies have also entered the area since, including Hewlett Packard. The rise in opportunities meant a similar rise in the price of many homes. But compared to the economic juggernaut of Albuquerque, the price of homes in Cabezon remains affordable, sustaining the city’s rapid expansion.

Though Rio Rancho had traditionally been overshadowed by Albuquerque, there has been significant growth. In the fall of 2011, a new Presbyterian Hospital was inaugurated in the southern part of Rio Rancho. With the University of New Mexico also building a brand new teaching hospital downtown, the price of homes is expected to rise quickly over the years.

Largest Employers in Rio Rancho, in order of employees, include: Intel Corporation, Rio Rancho Public Schools, Hewlett-Packard, Presbyterian Health Services, Sprint Corporation, Bank of America, Stream Global, Alliance Data Inc., U.S. Cotton and Wal-Mart Stores, Inc..

The unemployment rate in Rio Rancho is 6.30%, with job growth of -0.51%. Future job growth over the next ten years is predicted to be 32.70%. Sales tax rate is 7.44%. Income tax is 4.90%. The income per capita is $27,261, which includes all adults and children. The median household income is $60,125.

Public transportation serving Cabezon includes:  ABQ Ride (bus service), Rio Metro / Rio Transit (bus service) and New Mexico Rail Runner (commuter train).  The nearest major airport is Albuquerque International Sunport (ABQ / KABQ). This airport has domestic flights from Albuquerque, 25 miles from the center of Rio Rancho.  Another major airport is Santa Fe Municipal Airport (SAF / KSAF), with domestic flights from Santa Fe, 49 miles from town.