Select a New Section:

Economy

Download .xls

  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)
To See All Comments for Albuquerque Click Here

  GENERAL COMMENTS
  
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)
DWI in NM
The culture of drunk driving in NM is rampant, even the politicians get busted, if anything is to change it needs to come from the 80 years of legislature. The changes... (read more)
Hard place to make it!
Many of you out there in the Midwest, Northeast, and West Coast may be considering moving to the Southwest. My advice to you is to avoid Albuquerque. New Mexico is... (read more)
To See All Comments for Albuquerque Click Here



Side-by-Side Comparison

Compare Albuquerque, New Mexico to any other place in the USA.

Select a New Section: