Albuquerque, NM Profile: Facts & Data

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Albuquerque, New Mexico - Basic Facts

The City of Albuquerque is the largest city in New Mexico with a population of 564,818 as of July 1, 2024. Albuquerque ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Mexico. See peer rankings below.

The primary coordinate point for Albuquerque is located at latitude 35.0845 and longitude -106.6511 in Bernalillo County. The formal boundaries for the City of Albuquerque encompass a land area of 188.15 sq. miles and a water area of 1.8 sq. miles. Bernalillo County is in the Mountain time zone (GMT -7).

The City of Albuquerque has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

New Mexico is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Albuquerque is located within Albuquerque Division of Bernalillo County.


Jump to... (On This Page!)
  1. Albuquerque 2024 Demographic Data
  2. Growth Rates for Albuquerque (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Mexico Research Tools (Easy Tools & Current Data)
  3. New Mexico Data Comparison Tool - 2024 Demographics
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Albuquerque, NM Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 564,818 (100%)
Population in Households 556,623 (98.5%)
Population in Families 411,454 (72.8%)
Population in Group Quarters1 8,195 ( 1.5%)
Population Density 3,016
Diversity Index2 83
 
 

INCOME

Median Household Income $67,778
Average Household Income $93,257
% of Income for Mortgage4 28%
Per Capita Income $39,850
Wealth Index5 80
Socioeconomic Status Index6 Moderate (47.3)
 

HOUSING

Total HU (Housing Units) 258,144 (100%)
Owner Occupied HU 154,028 (59.7%)
Renter Occupied HU 86,866 (33.7%)
Vacant Housing Units 17,250 ( 6.7%)
Median Home Value $300,176
Average Home Value $334,741
Housing Affordability Index3 88
 

HOUSEHOLDS

Total Households 240,894
Average Household Size 2.31
Family Households 134,412
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 0.01% 0.44%
Households 0.30% 0.81%
Families   0.51%
Median Household Income   3.14%
Per Capita Income   3.25%
Owner Occupied HU   1.49%

Albuquerque, NM - Peer Comparisons by Rank and Percentile

The table below compares Albuquerque to the other 527 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1 100th
Population Density # 6 99th
Median Household Income # 123 77th
Housing Affordability Index # 263 50th
Per Capita Income # 107 80th
Diversity Index # 31 94th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.

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