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Demographics

Quick facts, demographics, and statistics for Albuquerque MSA.

Population of Albuquerque:

July 2018: 560, 218 people

Population of Metro Area (Rio Rancho, Bernalillo, Placitas, Los Lunas, Belen, Bosque Farms, Corrales):

2017: 903,000 people

Albuquerque, Santa Fe, Las Vegas area population:

2017: 1.17 million

Albuquerque Population by Race (2018):

White: 73.6%
American Indian: 4.6%
Black or African American: 3.3%
Asian: 2.7%
Hispanic or Latino: 48.5%
Two or more races: 4.3%

Population by Age (2017):

2017: 36.2 years
Male 34.9
Female 37.5

Education Achievement 25 years or older (2017):

High school graduate: 22.8%
Some College: 24.2%
Associates Degree: 8.3%
Bachelors Degree: 18.9%
Graduate or Professional degree: 15.4%

Albuquerque MSA Unemployment Rate (April 2019):

4.0%
Employment Rate: 417,600
Unemployment: 17,471

New Mexico Unemployment Rate (April 2019):

5.0%
Employment: 907,340
Unemployment: 47,931

Average Hourly Wage (April 2019):

$22.53

Number of Small Businesses in NM (2018):

154,257

Number of Businesses in Albuquerque (2012):

42,272

Number of Minority Owned Businesses in Albuquerque:

61,000

Median Household Income (2017):

$49,878

Home Value + Rent Costs (2017):

243,402 households
$833/mo. median rent
$188,500 median house value

Cost of Living Index (2018):

98.3

City Bond Rating (2019):

AAA, S&P Global Ratings
AA+ Fitch Ratings