ZIP Code 87123 — Albuquerque, NM
IRS Income Data, Tax Year 2022
$63,618
Average AGI
#16,494
National Rank
#54
NM State Rank
20,720
Tax Returns
About Albuquerque, NM
Government and national laboratory employment opportunities and wage growth anchor incomes throughout region. Kirtland Air Force Base and Sandia Labs provide stability. Affordable housing and moderate taxes support working families.
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 87123.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 6,700 | $81,603,000 | $12,179 | 32.3% |
| $25,000 - $50,000 | 5,560 | $201,916,000 | $36,315 | 26.8% |
| $50,000 - $75,000 | 2,910 | $177,817,000 | $61,105 | 14.0% |
| $75,000 - $100,000 | 1,790 | $154,713,000 | $86,431 | 8.6% |
| $100,000 - $200,000 | 2,860 | $392,120,000 | $137,104 | 13.8% |
| $200,000 or more | 900 | $309,997,000 | $344,441 | 4.3% |
| Total | 20,720 | $1,318,166,000 | $63,618 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Las Cruces, NM | 192 mi | $60,125 | 56,460 |
| El Paso, TX | 225 mi | $56,636 | 303,970 |
| Pueblo, CO | 238 mi | $57,370 | 56,420 |
| Amarillo, TX | 261 mi | $77,352 | 102,080 |
| Colorado Springs, CO | 278 mi | $81,033 | 259,240 |
| Lubbock, TX | 280 mi | $77,152 | 120,480 |
Similar ZIP Codes in New Mexico
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 88119 | Fort Sumner | $63,897 | #16,338 |
| 87510 | Abiquiu | $63,337 | #16,646 |
| 88252 | Jal | $64,100 | #16,216 |
| 88345 | Ruidoso | $64,272 | #16,108 |
| 87827 | Pie Town | $62,807 | #16,943 |
| 88337 | La Luz | $62,737 | #16,983 |
| 88124 | Melrose | $64,509 | #15,982 |
| 87112 | Albuquerque | $62,073 | #17,368 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 87111 | Albuquerque, NM | 0.2 mi | $104,365 | #4,173 |
| 87112 | Albuquerque, NM | 1.3 mi | $62,073 | #17,368 |
| 87106 | Albuquerque, NM | 2.6 mi | $71,307 | #12,310 |
| 87113 | Albuquerque, NM | 5.9 mi | $90,204 | #6,218 |
| 87116 | Albuquerque, NM | 6.0 mi | $61,260 | #17,869 |
| 87008 | Cedar Crest, NM | 6.0 mi | $108,659 | #3,745 |
| 87108 | Albuquerque, NM | 6.8 mi | $50,219 | #24,144 |
| 87109 | Albuquerque, NM | 8.3 mi | $67,949 | #14,026 |
About This Data
Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 210 ZIP codes in New Mexico and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.