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Rio Rancho Business Overview

Major Economic-Base Employers

  • 5,000+ Employees: Intel Corporation
  • 500+ Employees: Bank of America Banking Services, Sprint PCS, E-telecare Global Solutions, Victoria's Secret Direct, Hewlett-Packard
  • 200+ Employees: Brycon Construction, JC Penney Company Inc., U.S. Cotton, Inc.
  • 100+ Employees: Intersections, Lectrosonics, Insight Lighting, Waste Management of New Mexico, Form-Cove Manufacturing

Other Rio Rancho employers: Rio Rancho Public Schools, City of Rio Rancho, Aerobox Composite Structures, Aero Mechanical Industries, Aeroparts Manufacturing and Repair, Stainless Motors, and Permacharge.

Labor Force

Rio Rancho's labor market is defined by the Albuquerque Metropolitan Statistical Area which includes Bernalillo, Sandoval, Valencia and Torrance counties.

  • Civilian labor force: 408,600 (2009)
  • Unemployment rate: 7.1% (2009)
  • Over 91% of Rio Rancho residents have at least a high school diploma and nearly 26% have a bachelor's degree or higher

Transportation

Rio Rancho is just five minutes from Interstate 25 and 15 minutes from Interstate 40. In addition to the Albuquerque International Sunport, Rio Rancho is served by Double Eagle II airport which is just south of city limits. The major thoroughfares of NM 550 and NM 528 allow four lane access in and out of town. Rail service is available in the town of Bernalillo, just minutes north of Rio Rancho.

 

Utilities

  • Gas and electric service is provided by the Public Service Company of New Mexico (PNM), a publicly-owned utility regulated by the New Mexico Public Regulation Commission.
  • Water and sewer are provided by the City of Rio Rancho. Groundwater is Rio Rancho's sole water source. The city has water rights permits that meet current and near-term demand. The long-term water plans include future acquisition for 24,000 acre-feet of water rights as well as new water infrastructure development.
  • Solid waste services are provided by Waste Management of New Mexico.
  • Qwest and Xspedius provide fiber and other telecommunication services.