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El Rancho, New Mexico Mortgage and Housing Information
Population: 817
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in El Rancho
Income
| U.S. | New Mexico | El Rancho | |
|---|---|---|---|
| Median Earnings | $23,755 | $19,427 | $18,603 |
| Median Earnings, Males | $29,458 | $23,361 | $21,563 |
| Median Earnings, Females | $18,957 | $15,381 | $16,991 |
Males earn $4,572 (26.9%) more than Females in El Rancho.
Commuting in El Rancho
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 305 |
| Carpooled | 62 |
| Public Transit | 0 |
| Bicycle | 0 |
| Walking | 4 |
| Other Means | 3 |
| Total, Commuted | 374 |
| Worked from home | 12 |
| Total | 386 |
Time Spent Commuting in El Rancho
Time spent commuting in El Rancho
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 7 |
| 5-9 | 10 |
| 10-14 | 11 |
| 15-19 | 26 |
| 20-24 | 96 |
| 25-29 | 33 |
| 30-34 | 119 |
| 35-39 | 16 |
| 40-44 | 24 |
| 45-59 | 16 |
| 60-89 | 6 |
| Over 90 | 10 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 40 | 14.7% | 42 | 15.4% |
| Associate Degree | 14 | 5.1% | 18 | 6.6% |
| Bachelor's Degree | 32 | 11.8% | 45 | 16.5% |
| Master's Degree | 26 | 9.6% | 21 | 7.7% |
| Professional Degree | 7 | 2.6% | 4 | 1.5% |
| Doctorate Degree | 4 | 1.5% | 0 | 0.0% |
| Total (at least some college) | 123 | 45.2% | 130 | 48.5% |
| Total over 25 | 272 | 100% | 268 | 100% |
Housing in El Rancho
Cost of Single-Family Houses
| Median price asked in year 2000 | $275,000 |
|---|
Value of Houses and Condos
| U.S. | New Mexico | El Rancho | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $94,600 | $177,100 |
Monthly Owner Costs
| U.S. | New Mexico | El Rancho | |
|---|---|---|---|
| With a mortgage | $1,088 | $929 | $1,288 |
| Without a mortgage | $295 | $228 | $242 |
Tenancy in El Rancho
| Owner-occupied homes | 238 |
|---|---|
| Renter-occupied homes | 72 |
| Homes for sale | 3 |
| Homes for rent | 5 |
| Total | 345 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in El Rancho (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 81 | 54.0% |
| First Mortgage Only | 54 | 36.0% |
| Second Mortgage and/or Home Equity Loan | 15 | 10.0% |
| Total | 150 | 100% |
Age of El Rancho Residents
| Males | Females |
|---|---|
| 36 | 38 |
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