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Moving Guides/Albuquerque

Moving to Albuquerque

What you need to know before relocating to Albuquerque, New Mexico. Data-driven insights on housing, jobs, safety, and quality of life.

Is Albuquerque a Good Place to Live?

Albuquerque presents a mixed picture. Prospective residents should weigh the tradeoffs carefully. Key considerations: violent crime rate (749/100k) exceeds the national average; longer-than-average commute (383819 min).

Albuquerque at a Glance

Population
924K
Median Income
$67,640
Median Rent
$1,203/mo
Median Home Price
$297,100
Unemployment
3.4%
Avg Commute
383819 min

Cost of Living in Albuquerque

The median rent in Albuquerque is $1,203/month, while the median home value is $297,100. With a median household income of $67,640, residents spend roughly 21% of monthly income on rent.

Overall, the Albuquerque metro area is classified as affordable compared to other US metros.

Rent vs. National Avg
14% below
Home Price vs. National Avg
3% below

Job Market

Albuquerque has a median household income of $67,640, which is 9% below the national median. The local unemployment rate is 3.4%, compared to the national average of 3.7%.

Safety in Albuquerque

The violent crime rate in Albuquerque is 749 per 100,000 residents, which is 97% above the national average of 380.

Property crime rate: 2887 per 100,000 residents.

Education in New Mexico

New Mexico has a high school graduation rate of 88% and per-pupil spending of $14,687/year. The student-to-teacher ratio is 16:1.

29% of New Mexico adults hold a bachelor's degree or higher.

Healthcare Access

New Mexico has 262 physicians per 100,000 residents, a 10.3% uninsured rate, and 2.8 hospital beds per 1,000 people. Life expectancy in New Mexico is 76.2 years.

Pros and Cons of Living in Albuquerque

+Pros

  • Rent ($1,203/mo) is below the national average

-Cons

  • Violent crime rate (749/100k) exceeds the national average
  • Longer-than-average commute (383819 min)

Frequently Asked Questions

Is Albuquerque a good place to live?

Albuquerque has both advantages and drawbacks. Prospective residents should weigh violent crime rate (749/100k) exceeds the national average and longer-than-average commute (383819 min) against other lifestyle factors.

What is the cost of living in Albuquerque?

The median rent in Albuquerque is $1,203/month and the median home value is $297,100. The median household income is $67,640. Overall the metro is considered affordable.

Is Albuquerque safe?

Albuquerque has a violent crime rate of 749 incidents per 100,000 residents. The national average is approximately 380 per 100,000.

What is the job market like in Albuquerque?

Albuquerque has an unemployment rate of 3.4%, compared to the national average of 3.7%. The median household income is $67,640.

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