Last updated: 2024 BLS data · Page refreshed:
Albuquerque has a population of 562,218 with a median age of 38.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 562,218 |
| Median Age | 38.8 |
| White | 49.9% |
| Black or African American | 3.5% |
| Asian | 3.4% |
| Hispanic or Latino | 47.7% |
The median household income in Albuquerque is $68,317, which is 15.2% below the national median of $80,610. The per capita income is $40,469. The poverty rate is 15.5%.
The unemployment rate in Albuquerque is 3.7%, compared to the national rate of 4.1%.
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In Albuquerque, 91.2% of residents age 25+ have a high school diploma or higher, and 39.2% hold a bachelor's degree or higher (17.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.2% |
| Bachelor's Degree or Higher | 39.2% |
| Graduate or Professional Degree | 17.9% |
The median home value in Albuquerque is $291,500, below the national median of $303,400. The median monthly rent is $1,145. The homeownership rate is 61.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $291,500 |
| Median Monthly Rent | $1,145 |
| Homeownership Rate | 61.8% |
| Vacancy Rate | 5.6% |
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