CITY OF RIO COMMUNITIES

CITY OF RIO COMMUNITIES

The City of Rio Communities was incorporated in 2013.   It is a city of nearly 5000 people located along the east side of the Rio Grande River in southeastern Valencia County. Rio Communities is part of the Albuquerque Metro area is about 45 minutes from the Albuquerque International Airport and downtown Albuquerque.  Rio Communities is close enough for easy access to Albuquerque but far enough away to provide a more competitive cost of living and cost of doing business. The median home value for Q2 2013 in Rio Communities was $116,500 compared with $177,000 in Albuquerque.  The median age of our demographics is 46.2 years with 2065 total number of households. The residents of Rio Communities have diverse backgrounds and histories from all over the US and the world.  This diverse makeup and independent spirit makes Rio Communities a unique community on the Rio Grande and sets it apart from its neighbors.

Rio Communities offers a competitive tax profile and cost of doing business.  The current Gross Receipts Tax is currently 7.6875% – lower than any surrounding municipality. The population is nearly 5,000 within the city limits and there are nearly 45,000 New Mexicans within a 15-mile radius.  The NMDOT reports that over 20,000 vehicles pass through the heart of Rio Communities daily.

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