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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Albuquerque, New Mexico, is 5.60%, with job growth of -0.51%. Future job growth over the next ten years is predicted to be 33.40%.

Albuquerque, New Mexico Taxes
Albuquerque, New Mexico,sales tax rate is 7.00%. Income tax is 4.90%.

Albuquerque, New Mexico Income and Salaries

The income per capita is $26,623, which includes all adults and children. The median household income is $47,399.

  ECONOMYAlbuquerque, New MexicoUnited States
  Unemployment Rate  5.60%6.30%
  Recent Job Growth  -0.51%1.18%
  Future Job Growth  33.40%36.10%
  Sales Taxes  7.00%6.00%
  Income Taxes  4.90%4.72%
  Income per Cap.  $26,623$28,051
  Household Income  $47,399$53,046
  Family Median Income  $60,160$64,585
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  14.49%12.61%
  Income between 15K and 20K  5.64%5.33%
  Income between 20K and 30K  11.82%10.57%
  Income between 30K and 40K  10.65%9.90%
  Income between 40K and 50K  9.67%8.95%
  Income between 50K and 60K  7.89%8.08%
  Income between 60K and 75K  10.26%10.09%
  Income between 75K and 100K  11.31%12.25%
  Income between 100K and 150K  11.35%12.82%
  Income between 150K and 200K  3.98%4.78%
  Income greater than 200K  2.94%4.64%
  POPULATION BY OCCUPATION
  Management, business, finance  13.56%14.36%
  Engineering, computers, science  7.32%5.24%
  Community, social services  2.03%1.66%
  Legal  1.69%1.17%
  Education, library  6.92%6.10%
  Arts, design, media, sports, entertainment  1.92%1.88%
  Healthcare practitioners and technology  6.52%5.49%
  Healthcare support  2.45%2.47%
  Firefighters, law enforcement  2.51%2.24%
  Food preparation, serving  6.36%5.61%
  Building maintenance  3.56%3.97%
  Personal care  4.18%3.54%
  Sales, office, administrative support  24.93%24.89%
  Farming, fishing, forestry  0.27%0.73%
  Construction, extraction, maintenance/repair  7.96%8.56%
  Production, transportation, material moving  7.81%12.10%
  ECONOMY COMMENTS
  
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)
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  GENERAL COMMENTS
  
re: 39 year Native from ABQ NM - The Good, the bad
I am also from ABQ and agree with most of your points. My son & I moved away and it was a horrible mistake; we are in the process of moving back, but will live in Rio... (read more)
39 year Native from ABQ NM - The Good, the bad, an
I was born and raised in Albuquerque NM and lived there for nearly 39 years (minus 4 years in the military). I will never dispute the fact that Albuquerque is my... (read more)
Abq is just ok
I agree that doing business here you will deal with a lot of unprofessional types and much depends on your standards and what you will tolerate. I cannot say more how... (read more)
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