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Bernalillo County · New Mexico

Albuquerque, NM demographics

Population, income and the local tax burden that sits on top of them — sourced from the Census Bureau and the New Mexico Taxation and Revenue Department.

A crowd crossing a city street, illustrating US population and demographics data

Quick answer

Albuquerque, NM has a population of 560,274 and a median household income of $62,634 — about $5,220 a month before tax. That ranks 64 of 94 covered metros by income and 31 of 94 by population.

  • Population

    560,274

    City limits, ACS 5-year

  • Median household income

    $62,634

    ACS 5-year estimate

  • Combined sales tax

    7.625%

    New Mexico + local

  • Income rank

    #64

    of 94 covered metros

Estimated annual sales tax on a median household

A Albuquerque household at the median income of $62,634 spending roughly a quarter of pre-tax income on taxable retail goods would pay about $1,194 a year in sales tax at 7.625%. This is an illustration, not a filing figure: the taxable share of spending varies with household composition, and New Mexico exempts or discounts several categories. New Mexico levies a gross receipts tax on the seller rather than a sales tax; it applies to most services as well as goods, which is broader than a typical sales tax.

Method: median household income × 25% taxable share × combined rate. The 25% share is a rough national benchmark from the BLS Consumer Expenditure Survey, not a Albuquerque-specific measurement.

Sources

What each figure on this page comes from.

Full Albuquerque sales tax breakdown and calculator

Other Albuquerque datasets on this site.

Statewide: New Mexico cities · New Mexico ZIP codes · New Mexico sales tax · New Mexico counties