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Albuquerque has a population of approximately 562,336 and experiences a population change rate of 25.35%. The population density is 3,003.6 / sq mi .
The median household income for Albuquerque is $56,366, with 236,191 households and an average household size of 2.36.
The median value of a home in Albuquerque is $308,100 with an appreciation rate of 17.10%. 56.14% of housing in the state is owned while 37.24% is rented.
The cost of living in Albuquerque is 98.3 %.
The unemployment rate in Albuquerque is 2.70%, and recent job growth is at 1.11%. Future job growth is projected at 42.89%.
The sales tax rate in Albuquerque is 7.75%, while the income tax rate is 4.90% .
School expenditures in Albuquerque are $12,875, and the school ratio is 13.6:1.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 11.1 inches per year, with 10.6 inches of snow per year.
