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Albuquerque, NM 87111 has a population of approximately 57,331 and experiences a population change rate of 4.94%. The population density is 2,640.6 / sq mi .
The median household income for Albuquerque, NM 87111 is $73,290, with 25,998 households and an average household size of 2.2.
The median value of a home in Albuquerque, NM 87111 is $359,700 with an appreciation rate of 17.10%. 57.07% of housing in the state is owned while 37.10% is rented.
The cost of living in Albuquerque, NM 87111 is 110.3 %.
The unemployment rate in Albuquerque, NM 87111 is 2.70%, and recent job growth is at 1.11%. Future job growth is projected at 42.87%.
The sales tax rate in Albuquerque, NM 87111 is 7.75%, while the income tax rate is 4.90% .
School expenditures in Albuquerque, NM 87111 are $12,875, and the school ratio is 13.6:1.
The average high temperature in July is 90 degrees, with an average low temperature in January of 25.2 degrees. The average rainfall is approximately 12.5 inches per year, with 16.3 inches of snow per year.