Rio Rancho Profile

Economy

Housing Permits

The number of new residents moving into Rio Rancho is fueling new home building in the community. Single-family housing permits issued over the last five years continue to grow rapidly. Permits issued in the first six months of 2006 totals 1,440. Total permits issued have risen from 916 in 2001, to 3,084 for 2005, or over 200 percent. The following tables show the figures for 2006 by month and annually for the last five years.

To view a Quarterly Development Map (also available from the Home Page and in the Community Overview), CLICK THE MAP BELOW.

2006 Housing Permit Detail

Month
Units/Permits
Total Valuation
Average Valuation
Average SF Size
January
332
$59,395, 582
$178,902
2,618
February
178
$41,225,098
$221,602
3,238
March
337
$70,905,980
$210,404
3,040
April
242
$56,751,753
$221,619
3,145
May
170
$35,170, 228
$206,884
2,955
June
191
$43,787,719
$229,255
3,288
July
126
$29,345,795
$232,903
3,342
August
113
$26,920,189
$238,232
3,379
September
81
$18,019,955
$222,469
3,217
October
55
$12,376,623
$225,030
3,217
November
90
$20,318,307
$225,759
3,266
December
144
$29,244,260
$203,085
2,941
2006 Total 2,049 $440,341,489 $219,308 3,146

                                                                                                 Source: City of Rio Rancho

2001-2006 Housing Permits

Single Family Residences
 2001 2002 2003 2004 2005 2006
916 901 1,224 1,720 3,084 2,049

                                                                                                  Source: City of Rio Rancho

Single Family Residential Starts: 2005 vs. 2006

2005 Total = 3,084

2006 Total = 2,049

Historic Single Family Residential Starts 1992-2006

 

For more data on "Housing" in Rio Rancho, click here.

 

     (Page last updated February 5, 2007)