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Economy in Albuquerque, New Mexico

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

EconomyAlbuquerque, NMUnited States
Unemployment Rate5.60%6.30%
Recent Job Growth-0.51%1.18%
Future Job Growth33.40%36.10%
Sales Taxes7.00%6.00%
Income Taxes4.90%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 15K14.49%12.61%
Income between 15K and 20K5.64%5.33%
Income between 20K and 30K11.82%10.57%
Income between 30K and 40K10.65%9.90%
Income between 40K and 50K9.67%8.95%
Income between 50K and 60K7.89%8.08%
Income between 60K and 75K10.26%10.09%
Income between 75K and 100K11.31%12.25%
Income between 100K and 150K11.35%12.82%
Income between 150K and 200K3.98%4.78%
Income greater than 200K2.94%4.64%
POPULATION BY OCCUPATION
Management, business, finance13.56%14.36%
Engineering, computers, science7.32%5.24%
Community, social services2.03%1.66%
Legal1.69%1.17%
Education, library6.92%6.10%
Arts, design, media, sports, entertainment1.92%1.88%
Healthcare practitioners and technology6.52%5.49%
Healthcare support2.45%2.47%
Firefighters, law enforcement2.51%2.24%
Food preparation, serving6.36%5.61%
Building maintenance3.56%3.97%
Personal care4.18%3.54%
Sales, office, administrative support24.93%24.89%
Farming, fishing, forestry0.27%0.73%
Construction, extraction, maintenance/repair7.96%8.56%
Production, transportation, material moving7.81%12.10%

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

Albuquerque, NM Taxes

Albuquerque, NM,sales tax rate is 7.00%. Income tax is 4.90%.

Albuquerque, NM Income and Salaries

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


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