Average Income in Albuquerque, NM
About Albuquerque, New Mexico
Albuquerque's economy depends on government (Air Force base, Department of Energy), healthcare, small business, and tourism across 18 ZIP codes. Kirtland Air Force Base provides substantial military and civilian employment. Sandia National Laboratories and Los Alamos National Laboratory (nearby) employ scientists and engineers in defense research. Healthcare employment through Presbyterian, UNM Hospital, and others provides professional and technical roles. Tourism related to Old Town and cultural attractions supports hospitality jobs. Native American entrepreneurship and arts provide small business opportunities. Income levels remain moderate, reflecting government employment and smaller private sector. Neighborhoods show mixed development: areas near Sandia and government facilities have higher incomes, while south and east areas concentrate lower-income residents. New Mexico's moderate income tax (up to 5.9%) and lack of sales tax on groceries help manage costs. Housing costs remain affordable, supporting homeownership across income levels. Seasonal tourism creates employment volatility in hospitality sectors.
All 16 ZIP Codes in Albuquerque, NM
| ZIP Code | Avg AGI ▼ | Returns | National Rank | % Under $25K | % Over $200K |
|---|---|---|---|---|---|
| 87122 | $208,478 | 8,680 | #799 | 17.9% | 30.7% |
| 87111 | $104,365 | 28,070 | #4,173 | 22.3% | 11.0% |
| 87113 | $90,204 | 7,650 | #6,218 | 24.6% | 8.4% |
| 87107 | $88,801 | 14,680 | #6,497 | 32.0% | 7.4% |
| 87104 | $87,393 | 5,940 | #6,823 | 29.6% | 8.9% |
| 87120 | $77,009 | 32,440 | #9,843 | 23.6% | 5.2% |
| 87106 | $71,307 | 11,600 | #12,310 | 33.3% | 6.0% |
| 87110 | $68,563 | 20,080 | #13,697 | 29.6% | 4.3% |
| 87109 | $67,949 | 19,590 | #14,026 | 28.7% | 4.9% |
| 87123 | $63,618 | 20,720 | #16,494 | 32.3% | 4.3% |
| 87112 | $62,073 | 21,720 | #17,368 | 29.8% | 3.4% |
| 87116 | $61,260 | 1,480 | #17,869 | 20.3% | 2.0% |
| 87108 | $50,219 | 15,620 | #24,144 | 40.1% | 2.5% |
| 87105 | $45,553 | 23,940 | #25,753 | 37.6% | 1.3% |
| 87102 | $45,493 | 9,010 | #25,766 | 39.1% | 1.6% |
| 87121 | $42,819 | 35,670 | #26,332 | 34.4% | 0.5% |
Nearby Major Cities
Closest cities with 50,000+ tax returns filed, sorted by distance from Albuquerque.
| City | State | Avg AGI | Returns | ZIPs | Distance |
|---|---|---|---|---|---|
| Las Cruces | NM | $60,125 | 56,460 | 4 | 193 mi |
| El Paso | TX | $56,636 | 303,970 | 16 | 227 mi |
| Pueblo | CO | $57,370 | 56,420 | 6 | 240 mi |
| Amarillo | TX | $77,352 | 102,080 | 14 | 268 mi |
| Colorado Springs | CO | $81,033 | 259,240 | 22 | 279 mi |
| Lubbock | TX | $77,152 | 120,480 | 13 | 287 mi |
| Mesa | AZ | $77,112 | 226,980 | 12 | 318 mi |
| Littleton | CO | $131,967 | 75,720 | 5 | 320 mi |
| Gilbert | AZ | $111,812 | 64,340 | 3 | 321 mi |
| Tucson | AZ | $72,303 | 340,400 | 25 | 321 mi |