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Albuquerque, New Mexico Economy Profile

Official State Website URL- http://www.newmexico.gov

QuickFacts


 Albuquerque, New Mexico United States
StateNew Mexico
CityAlbuquerque
Total population448,607 281,421,906
Male217,887138,053,563
Female230,720143,368,343
Median age (years)34.935.3
Total households183,236105,480,101
Median household income (dollars)38,27241,994

Albuquerque, New Mexico Economy

66.15% of people are in the labor force of Albuquerque, New Mexico. The total population of Albuquerque, New Mexico is four hundred and forty-eight thousand, six hundred and seven people. Per capita income in Albuquerque, New Mexico is equal to $20,884. On an average, male full-time, year-round workers in Albuquerque, New Mexico, receive thirty-four thousand, two hundred and eight dollars, female full-time, year-round workers in Albuquerque, New Mexico, are paid twenty-six thousand, three hundred and ninety-seven dollars. There are 5,992 families with female householder, no husband present.

Self-employed workers in own not incorporated business make up six point five five percent of workers in Albuquerque, New Mexico. Seventy-four point four two percent comprise private wage and salary workers in Albuquerque, New Mexico. There are five hundred and fifty-five Unpaid family workers in Albuquerque, New Mexico. 12,575 people are involved in public administration. 21.43% of workers provide educational, health and social services in Albuquerque, New Mexico. The percentage of people involved into transportation and warehousing, and utilities in Albuquerque, New Mexico is as follows: 3.93%.

 Albuquerque, New Mexico %, Albuquerque, New Mexico United States
Population 16 years and over351,189  217,168,077
In labor force232,320 66.15%63.92%
- Civilian labor force230,196 65.55%63.39%
- - Employed216,913 61.77%59.73%
- - Unemployed13,283 3.78%3.66%
- - - Percent of civilian labor force5.8  5.8
- Armed Forces2,124 0.6%0.53%
Not in labor force118,869 33.85%36.08%
 
Females 16 years and over183,597 52.28%51.66%
In labor force110,681 31.52%29.72%
- Civilian labor force110,229 31.39%29.65%
- - Employed104,085 29.64%27.92%
 
Own children under 6 years34,848 9.92%10.05%
All parents in family in labor force21,193  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over215,222  128,279,228
Car, truck, or van -- drove alone167,203 77.69%75.7%
Car, truck, or van -- carpooled26,927 12.51%12.19%
Public transportation (including taxicab)3,622 1.68%4.73%
Walked5,785 2.69%2.93%
Other means3,887 1.81%1.19%
Worked at home7,798 3.62%3.26%
Mean travel time to work (minutes)20.4 0.01%25.5
 
Employed civilian population 16 years and over216,913  129,721,512
 
OCCUPATION
Management, professional, and related occupations83,499 38.49%33.65%
Service occupations34,250 15.79%14.86%
Sales and office occupations63,187 29.13%26.69%
Farming, fishing, and forestry occupations185 0.09%0.73%
Construction, extraction, and maintenance occupations16,997 7.84%9.45%
Production, transportation, and material moving occupations18,795 8.66%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining763 0.35%1.87%
Construction13,060 6.02%6.78%
Manufacturing16,402 7.56%14.1%
Wholesale trade7,423 3.42%3.6%
Retail trade26,588 12.26%11.73%
Transportation and warehousing, and utilities8,524 3.93%5.2%
Information7,687 3.54%3.08%
Finance, insurance, real estate, and rental and leasing15,656 7.22%6.89%
Professional, scientific, management, administrative, and waste management services29,241 13.48%9.3%
Educational, health and social services46,485 21.43%19.92%
Arts, entertainment, recreation, accommodation and food services22,036 10.16%7.87%
Other services (except public administration)10,473 4.83%4.87%
Public administration12,575 5.8%4.79%
 
CLASS OF WORKER
Private wage and salary workers161,427 74.42%78.47%
Government workers40,719 18.77%14.59%
Self-employed workers in own not incorporated business14,212 6.55%6.63%
Unpaid family workers555 0.26%0.31%
 Albuquerque, New Mexico %, Albuquerque, New Mexico United States
INCOME IN 1999
Households183,625  105,539,122
Less than $10,00018,109 9.86%9.54%
$10,000 to $14,99912,706 6.92%6.31%
$15,000 to $24,99926,597 14.48%12.83%
$25,000 to $34,99926,293 14.32%12.81%
$35,000 to $49,99931,682 17.25%16.53%
$50,000 to $74,99933,373 18.17%19.46%
$75,000 to $99,99917,097 9.31%10.23%
$100,000 to $149,99912,205 6.65%7.72%
$150,000 to $199,9992,947 1.6%2.2%
$200,000 or more2,616 1.42%2.37%
Median household income (dollars)38,272  41,994
With earnings151,111 43.03%39.12%
- Mean earnings (dollars)47,283  56,604
With Social Security income41,955 11.95%12.47%
- Mean Social Security income (dollars)11,044  11,320
With Supplemental Security Income6,347 1.81%2.13%
- Mean Supplemental Security Income (dollars)5,989  6,320
With public assistance income6,942 1.98%1.67%
- Mean public assistance income (dollars)2,721  3,032
With retirement income32,425 9.23%8.13%
- Mean retirement income (dollars)20,412  17,376
 
Families113,301  72,261,780
Less than $10,0006,805 6.01%5.75%
$10,000 to $14,9995,926 5.23%4.31%
$15,000 to $24,99913,118 11.58%10.74%
$25,000 to $34,99914,188 12.52%12.02%
$35,000 to $49,99920,246 17.87%17.13%
$50,000 to $74,99924,195 21.35%22.32%
$75,000 to $99,99913,997 12.35%12.47%
$100,000 to $149,99910,206 9.01%9.6%
$150,000 to $199,9992,504 2.21%2.75%
$200,000 or more2,116 1.87%2.92%
Median family income (dollars)46,979  50,046
 
Per capita income (dollars)20,884  21,587
Median earnings (dollars):
Male full-time, year-round workers34,208  37,057
Female full-time, year-round workers26,397  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families11,285  6,620,945
With related children under 18 years9,288 82.3%77.87%
- With related children under 5 years4,923 43.62%38.7%
 
Families with female householder, no husband present5,992  3,315,916
With related children under 18 years5,469 91.27%88.68%
- With related children under 5 years2,732 45.59%42.27%
 
Individuals59,641  33,899,812
18 years and over40,339 67.64%65.35%
- 65 years and over4,369 7.33%9.7%
Related children under 18 years18,576 31.15%33.59%
- Related children 5 to 17 years12,362 20.73%23.52%
Unrelated individuals 15 years and over22,481 37.69%31.63%
View more about Albuquerque, New Mexico: population  |   housing  |   education  |   economy  |   neighborhood


The data is taken from www.census.gov reports.