87122 is an area in Albuquerque, New Mexico. The area is known for its affordable 2 bedroom rent of $1,750 which is much lower than the US average of $1,430. Grocery prices can be expensive here with a Grocery Cost Index of 104 compared to the US base index of 100.
The 87122 area offers many local businesses and attractions such as The Source Climbing Center, Urban Hot Yoga, El Vado Lake State Park, Rio Grande Nature Center State Park, and the popular Farmer's Market at Los Ranchos de Albuquerque. With its central location to parks and recreation centers in addition to many other restaurants and shops nearby, 87122 in Albuquerque can be a great place to call home.
Albuquerque (zip 87122) has an unemployment rate of 7.4%. The US average is 6.0%.
Albuquerque (zip 87122) 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 87122)
- The Sales Tax Rate for Albuquerque (zip 87122) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Albuquerque (zip 87122) 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 87122)
- The average income of a Albuquerque (zip 87122) resident is $53,561 a year. The US average is $28,555 a year.
- The Median household income of a Albuquerque (zip 87122) resident is $139,275 a year. The US average is $69,021 a year.