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Economy in Albuquerque, New Mexico

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyAlbuquerque, NMUnited States
Unemployment Rate6.40%8.60%
Recent Job Growth-2.22%0.35%
Future Job Growth29.16%32.10%
Sales Taxes6.87%5.00%
Income Taxes4.90%4.70%
Income per Cap.$25,991$26,154
Household Income$48,255$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.02%12.37%
Income between 15K and 25K11.56%10.53%
Income between 25K and 35K11.64%10.88%
Income between 35K and 50K16.62%15.37%
Income between 50K and 75K20.49%20.14%
Income between 75K and 100K11.93%12.41%
Income between 100K and 150K10.31%11.27%
Income between 150K and 250K3.99%5.01%
Income between 250K and 500K1.32%1.86%
Income greater than 500K0.12%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.73%14.04%
Professional and Related Occupations24.58%20.61%
Service15.73%14.45%
Sales and Office28.94%26.75%
Farming, Fishing, and Forestry0.09%0.70%
Construction, Extraction, and Maintenance8.15%9.42%
Production, Transportation, and Material Moving8.78%14.05%


Median Household Income

The unemployment rate in Albuquerque, NM, is 6.40%, with job growth of -2.22%. Future job growth over the next ten years is predicted to be 29.16%.

Albuquerque, NM Taxes

Albuquerque, NM,sales tax rate is 6.87%. Income tax is 4.90%.

Albuquerque, NM Income and Salaries

The income per capita is $25,991, which includes all adults and children. The median household income is $48,255.


Albuquerque Economy SperlingViews

3 years later: I have lived in the East Mountains of Albuquerque for 3 years now. Pros: climate is good, plenty of sunshine, little snow (high desert type of climate), beautiful... (read more)re: Where to look for Jobs - 11/4/2007: Carrie, you would be better off finding a job here before you move. This is a college town with beautiful weather and a lower cost of living. Population growth is huge... (read more)re: Where to look for Jobs - 11/4/2007: Eastside is correct (NE). And frankly, having lived here for 7 months (it took me 5 months to find work here when I relocated from another state)and now helping others... (read more)Have an opinion about Albuquerque? Leave a commentTo See All SperlingViews for Albuquerque Click Here