Albuquerque, NM Metro Area

Metro Area

Population: 918,567 (2023 estimate)

Core-Based Statistical Area (CBSA)

Metro area data from the U.S. Census Bureau. Core-Based Statistical Areas (CBSAs) are defined by the Office of Management and Budget and group counties with a central urban core plus surrounding communities that are economically tied to it. Metro areas often cross county and state lines, making them the best unit for understanding regional labor markets, housing costs, and commute patterns.

Metro income rankings Compare to another metro

Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Albuquerque, NM Metro Area

What is the median household income in Albuquerque, NM Metro Area?: The median household income in Albuquerque, NM Metro Area is $67,995 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Albuquerque, NM Metro Area?: The poverty rate in Albuquerque, NM Metro Area is 11.1% (U.S. Census Bureau ACS 2023).
What is the median home value in Albuquerque, NM Metro Area?: $263,500 (U.S. Census Bureau ACS 2023).
What is the average rent in Albuquerque, NM Metro Area?: The median gross rent in Albuquerque, NM Metro Area is $1,102 per month (U.S. Census Bureau ACS 2023).
What percentage of Albuquerque, NM Metro Area residents have a college degree?: 35.0% of adults in Albuquerque, NM Metro Area hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

918,567

Median Income

$67,995

Median Home Value

$263,500

Poverty Rate

11.1%

Unemployment (ACS 2023)

5.5%

Median Age

39.0 yrs

Since 2019 Median Income: +$13,923 (+25.7%) Home Value: +$70,700 (+36.7%) Poverty Rate: -0.9 pp (-7.5%) Bachelor's+: +2.8 pp (+8.7%) Unemployment: -0.5 pp (-8.3%)

Demographics

Total Population 918,567

Median Age 39.0

Female 50.7%

Race & Ethnicity

Hispanic or Latino 48.3% White (non-Hisp.) 38.1% Black 2.7% Asian 2.5% Two or More 22.3% Other 10.9%

Asian Subgroups (% of total pop.)

Vietnamese

0.6%

Chinese

0.5%

Filipino

0.5%

Indian

0.3%

Korean

0.1%

Japanese

0.1%

Hispanic Subgroups (% of total pop.)

Mexican

28.5%

Puerto Rican

0.7%

Cuban

0.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $67,995 ±$1,126

Per Capita Income $90,958

Median Family Income $84,214

Poverty Rate 11.1%

Child Poverty Rate 17.0%

Working-Age Poverty Rate —

SNAP Recipients 16.8%

Social Security Income —

Retirement Income 26.4%

Household Income Distribution

< $10k

5.9%

$10–15k

4.4%

$15–25k

7.9%

$25–35k

7.6%

$35–50k

11.2%

$50–75k

17.5%

$75–100k

12.8%

$100–150k

16.6%

$150–200k

7.9%

$200k+

8.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 398,671

Owner-Occupied 68.7%

Renter-Occupied 31.3%

Vacancy Rate 6.7%

Median Home Value $263,500

Median Gross Rent $1,102

Owner Cost Burden (30%+) 21.9%

Renter Cost Burden (30%+) 42.6%

Home Value Distribution

< $50k

6.1%

$50–100k

3.5%

$100–200k

7.1%

$200–300k

31.5%

$300–500k

27.9%

$500k–$1M

10.1%

$1M+

1.6%

Gross Rent Distribution

< $500

5.5%

$500–1k

36.2%

$1–1.5k

35.3%

$1.5–2k

16.7%

$2–2.5k

4.3%

$2.5–3.5k

0.9%

$3.5k+

1.1%

Vehicle Availability

No vehicle

6.1%

1 vehicle

34.2%

2 vehicles

36.4%

23.3%

Housing Type

Single-fam. det.

66.8%

Single-fam. att.

4.6%

2–4 units

1.2%

5–19 units

3.1%

20+ units

8.2%

Mobile home

8.2%

Housing Age

Pre-1940

3.2%

1940–1969

3.3%

1970–1999

17.7%

2000–2009

17.4%

2010+

7.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 90.3%

Bachelor's or Higher 35.0%

Graduate Degree 15.8%

Some College / Associate 22.0%

Less Than High School 3.8%

Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 61.1%

Unemployment Rate 5.5%

Work from Home 12.9%

Self-Employed 6.0%

Government Workers 22.4%

Private For-Profit 71.5%

Industry

Edu/Health

26.0%

Prof. Services

14.9%

Retail

10.4%

Arts/Entmt.

9.4%

Public Admin

7.1%

Construction

6.9%

Finance

5.9%

Manufacturing

5.0%

Transportation

4.2%

Wholesale

2.0%

Information

1.6%

Agriculture

1.1%

Occupation

Management

44.4%

Sales

20.2%

Food Prep

17.8%

Production

9.3%

Construction

8.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 24.6 min

Drove Alone 73.5%

Carpool 9.1%

Public Transit 1.0%

Work from Home 12.9%

Walked 1.6%

Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 371,906

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 40.8%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 14.1%

Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5

5.0%

5–9

5.7%

10–14

6.4%

15–19

6.4%

20–24

6.1%

25–34

13.9%

35–44

13.4%

45–54

11.8%

55–64

6.1%

65–74

6.8%

75–84

11.1%

85+

5.1%

Under 18: 21.1% Working age (18–64): 78.9% 65 and over: 18.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 9.2%

Naturalized Citizen 49.8%

Speaks English Less Than Very Well 6.7%

Foreign-Born Origin

Latin America

63.4%

Asia

21.6%

Europe

9.0%

Africa

4.0%

Veterans & Disability

Veteran 8.7%

With a Disability 16.1%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 91.9%

Uninsured 8.1%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 87.6%

Has a Computer 94.6%

Same House 1 Year Ago 87.4%

Moved from Abroad 0.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023