Albuquerque, NM is a great place to call home. With an average two bedroom rent of $1,140 per month and grocery cost index at 93 versus 100 in the US, Albuquerque offers an affordable cost of living compared to other cities. Major companies in the area include: United Health Group, Presbyterian Healthcare Services, Facebook, Sandia National Laboratories and many more. There are also countless small local businesses that contribute to the lively economy of 87102 Albuquerque. Residents can enjoy both big city amenities as well as small town charm with its unique culture and vibrant population.
Albuquerque (zip 87102) has an unemployment rate of 7.4%. The US average is 6.0%.
Albuquerque (zip 87102) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Albuquerque (zip 87102)
- The Sales Tax Rate for Albuquerque (zip 87102) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Albuquerque (zip 87102) is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Albuquerque (zip 87102)
- The average income of a Albuquerque (zip 87102) resident is $18,549 a year. The US average is $28,555 a year.
- The Median household income of a Albuquerque (zip 87102) resident is $32,575 a year. The US average is $69,021 a year.