Zip 87113 (Albuquerque, NM) Economy


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87113 Albuquerque, NM is a great city to consider living in. The cost of 2-bedroom rental homes is $1,530, which is slightly more affordable than the national average of $1,430. Grocery costs are also quite reasonable here with an index of 99 versus 100 in the US. There are many local businesses in 87113 Albuquerque, NM that offer residents great services and products. Great companies like ABQ Uptown Business Solutions and Home Comfort Group provide professional services such as accounting, IT support and HVAC repair. Other businesses like Cocina Azul and Flying Star Café offer delicious local cuisine to satisfy any craving. 87113 Albuquerque, NM has plenty of options for all types of shopping needs from grocery stores to art galleries.

Albuquerque (zip 87113) has an unemployment rate of 7.4%. The US average is 6.0%.

Albuquerque (zip 87113) 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 87113)
- The Sales Tax Rate for Albuquerque (zip 87113) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Albuquerque (zip 87113) 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 87113)
- The average income of a Albuquerque (zip 87113) resident is $31,441 a year. The US average is $28,555 a year.
- The Median household income of a Albuquerque (zip 87113) resident is $79,288 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlbuquerque, New MexicoUnited States
  7.46
  -5.1%-6.2%
  34.5%33.5%
  7.9%6.2%
  4.9%4.6%
  $44,250$37,638
  $79,288$69,021
  $104,714$85,028
  Population by Occupation
  1.1%1.2%
  0.1%0.5%
  4.8%6.8%
  5.1%10.0%
  1.3%2.5%
  12.1%11.0%
  1.3%4.8%
  0.2%0.8%
  2.3%1.9%
  5.4%4.7%
  0.2%1.9%
  14.5%7.6%
  0.0%0.1%
  2.2%4.2%
  9.9%9.3%
  20.0%14.0%
  1.0%2.1%
  3.9%7.0%
  6.0%4.8%
  8.5%4.7%
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