Commerce in the Village of Los Ranchos consists both of businesses concentrated along 4th Street and home occupations scattered throughout the Village. A unique "theme" of antiques, landscape nurseries, wineries, bed and breakfast inns, western and equestrian outfitting, and Mexican restaurants predominates.
Business Listings Business Info
Los Ranchos Chamber of Commerce
The commercial area is the Village's primary source of revenue for local government programs and services. About 80% of the general budget is from total gross receipts tax (GRT). Total GRTs collected (after a significant jump between FY 1994 of $50 million to $65.4 million in 1995) have increased only 1.2% in the last five years ending at $66.2 million in FY 1999. While there may be many reasons for the much smaller increase in revenues in recent years, a continued decline threatens the viability of our community.
The 02-200 Campaign is an educational initiative to keep desperately needed taxes from going unintentionally to Albuquerque. If you own a business in Los Ranchos or plan to start a new one, please take a minute to check out this information. Commercial land use comprises about 123 acres of land (out of a total of 2,500 acres). There are 142 acres in the Village zoned for commercial use, providing the potential land for new business. In addition, approximately 150 home occupations also exist within areas other than Fourth Street. The 1998 Revitalization Study showed potential on the south end of Fourth Street for a supermarket of 50,000 SF and an additional 30,000 to 50,000 SF of smaller retail and service businesses.
The 1990 Census reported that 44 percent of residents were employed in professional and miscellaneous services followed by 22 percent in wholesale and retail trade. Primary income from agriculture comprised only two percent. In 1989, the median household income was $37,200. In 1998, it was $53,000. About 11% of residents' income fall below the poverty line.
NEW MEXICO TOURISM DEPARTMENT BUSINESS LISTINGS
The New Mexico Tourism Department is offering an online business listing directory. Listings are limited to businesses that provide goods and services that are related to tourism in New Mexico. Complete terms and conditions can be found on the tourism website at www.newmexico.org
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2010 Master Plan Commerce Goals
Create a business climate in which businesses flourish.
Improve the quality of life.
Buffer adjoining residential uses from light, noise, and visual impact.
Focus Village commercial activities along the Fourth street Corridor and the intersections of Osuna and Ranchitos.
Beautify Fourth Street.
Encourage mixed uses friendly to pedestrians.
Improve safety to pedestrians.
Make the Village a shopping destination.
Encourage small-scale businesses providing basic services, e-businesses and low-commute businesses and specialty stores.
Promote compatible development near the Village. |
