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ZipNumbers

New Mexico · Census place 02000

Albuquerque city, NM

Quick answer

Albuquerque city has 562,488 residents, ranking #1 of 527 places in New Mexico. Median household income is $65,604, the median home is worth $266,700 and median gross rent runs $1,085 a month.

Population
562,488Albuquerque city residents
Median household income
$65,604Past 12 months, inflation adjusted
Median home value
$266,700Owner-occupied units
Median gross rent
$1,085Rent plus utilities, monthly
Median age
38.7 yrsAll residents
Homeownership rate
61.5%Owner-occupied households

What the numbers mean in Albuquerque city

Housing cost measured against local earnings.

A household earning the Albuquerque city median would spend about 19.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16% of residents and 61.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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