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.
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.
- Source: US Census Bureau, American Community Survey 5-year estimates
- Source: New Mexico Taxation and Revenue Department rate tables · rates as published for 2026