Is Albuquerque, New Mexico a Good Place To Live? - Living In Albuquerque, NM
Is Albuquerque, New Mexico a good place to live?
Albuquerque is a city in New Mexico state in USA with a population of 560447 residents..
The poverty rate of Albuquerque is 16%, which is 14% higher than national average.
The typical household in Albuquerque earns $53936 a year, compared to the national median of $67,500.
Nearly 46.6% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Albuquerque, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Albuquerque remained 5.6%, which is 19% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Albuquerque, only 36% of adults have a bachelor's degree and 32% have some college but no degree.
Cost of living in Albuquerque is 98, which is 2% lower than national average. Median home value in Albuquerque is $204100 , which is 11% lower than national average. While median income in Albuquerque remained $53936, which is 20% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Albuquerque, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Albuquerque remained 5.6%, which is 19% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Albuquerque, only 36% of adults have a bachelor's degree and 32% have some college but no degree.
Cost of living in Albuquerque is 98, which is 2% lower than national average. Median home value in Albuquerque is $204100 , which is 11% lower than national average. While median income in Albuquerque remained $53936, which is 20% lower than national average.
Population
560447
Unemployment
5.6%
Poverty
16%
Overall Score
6
Median Home Cost
$204100
11%
NAT AVG.
Median Income
$53936
20%
NAT AVG.
Median Rent
$889
23%
NAT AVG.
Cost Of Living
98
2%
NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 18
People Earning < $10,000
1 in 12
People Earning < $50,000
46.6%
People with <= High School
1 in 3.1
People With Any Degree
1 in 2.2
Pros & Cons Overview
Jobs60%
Housing80%
Affordability60%
Safety20%
Amenities95%
Diversity95%
Education80%
Commute80%
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