Moving to Albuquerque, NM

Thinking about moving to Albuquerque?

You’ll be in good company. Between 2010 and 2016, more than 13,425 people have moved to Albuquerque, an increase of 2.5%. New residents are attracted to Albuquerque’s sunshine and affordable living.

Where Are All the New Residents of Albuquerque Moving From?

Do you consider yourself an outdoor enthusiast? If so, Albuquerque might be just the place for you. You don’t even have to restrict your activities to the ground because, in addition to skiing, rafting, golfing…


Living

Albuquerque is home to 559,277 Burqueños. With an area of 187.7 square miles, Albuquerque has a population density of 2,980 persons per square mile, which makes it less dense than many other cities of comparable size.

The Albuquerque, NM Metropolitan Statistical Area boasts a population of 909,906 people, of which Albuquerque proper’s population makes up 61%.

Housing

One of Albuquerque’s greatest strengths is its relatively affordable housing market. The median home value in Albuquerque is $190,900, -5% below the US median value, according to Zillow. The median price per square foot in Albuquerque is $119. Over the past 5 years, home values in Albuquerque have increased by 4%.

Renters in Albuquerque will also have an easy time finding affordable housing. The median rent in Albuquerque is $1,197 per month, which is 16% lower than the US median. Over the past year, rental rates in Albuquerque have decreased by 0.7%.

Economy

Albuquerque’s economy has been a bit sluggish over the past few years. The Albuquerque metro area’s GDP grew by 0% between 2010 and 2015, from $39 billion in 2010 to $39 billion in 2015, a total increase of $ billion. The metro area has a per capita GDP of $42,491. According to the US Census Bureau, the median household income in Albuquerque, NM is $48,495, 21% lower than the national median. Albuquerque’s unemployment rate is 6.2%.

Albuquerque, NM Arts and Entertainment

Fork & Fig

6904 Menaul Blvd NE Ste C Albuquerque, NM 87110

Mary & Tito's Cafe

2711 4th St NW, Albuquerque, NM 87107

Corn Maiden

1300 Tuyuna Trail, Bernalillo, NM 87004

Piatanzi

1403 Girard Blvd NE, Albuquerque, NM 87106

Frontier Restaurant

2400 Central Ave SE Albuquerque, NM 87106

Cocina Azul

1134 Mountain Rd NW Albuquerque, NM 87102

Backstreet Gril

1919 Old Town Rd NW Ste 6 Albuquerque, NM 87104

Mazaya Cafe

120 Harvard Dr SE Albuquerque, NM 87106

Sauce Pizza and Wine

2100 Louisiana Blvd NE Winrock Town Center Albuquerque, NM 87110

Restaurants

Fork & Fig
Mary & Tito's Cafe
Corn Maiden
Piatanzi
Frontier Restaurant
Cocina Azul
Backstreet Gril
Mazaya Cafe
Sauce Pizza and Wine

Anodyne

409 Central Avenue Northwest, Albuquerque, NM, United States

Apothecary Lounge

806 Central Avenue Southeast, Albuquerque, NM, United States

Effex

420 Central Avenue Southwest, Albuquerque, NM, United States

Ibiza

125 2nd Street Northwest, Albuquerque, NM, United States

Launchpad

618 Central Avenue Southwest, Albuquerque, NM, United States

Marble Brewery

111 Marble Avenue Northwest, Albuquerque, NM, United States

Seasons

2031 Mountain Road Northwest, Albuquerque, NM, United States

Vernon's Black Diamond Lounge

6855 4th Street Northwest, Albuquerque, NM, United States

Zacatecas

3423 Central Avenue Northeast, Albuquerque, NM, United States

Nightlife

Anodyne
Apothecary Lounge
Effex
Ibiza
Launchpad
Marble Brewery
Seasons
Vernon's Black Diamond Lounge
Zacatecas

Albuquerque Museum of Art and History

2000 Mountain Rd NW, Albuquerque, NM 87104

New Mexico Museum of Natural History and Science

1801 Mountain Rd NW, Albuquerque, NM 87104

National Museum of Nuclear Science & History

601 Eubank, Albuquerque, NM 87123

Explora

1701 Mountain Rd NW, Albuquerque, NM 87104

Anderson-Abruzzo Albuquerque International Balloon Museum

9201 Balloon Museum Dr NE, Albuquerque, NM 87113

American International Rattlesnake Museum

202 San Felipe St NW, Albuquerque, NM 87104

Indian Pueblo Cultural Center

2401 12th St NW, Albuquerque, NM 87104

Turquoise Museum

2107 Central Ave NW, Albuquerque, NM 87104

Maxwell Museum of Anthropology

Culture
Albuquerque Museum of Art and History
New Mexico Museum of Natural History and Science
National Museum of Nuclear Science & History
Explora
Anderson-Abruzzo Albuquerque International Balloon Museum
American International Rattlesnake Museum
Indian Pueblo Cultural Center
Turquoise Museum
Maxwell Museum of Anthropology

Weather

If you’re allergic to cold weather, Albuquerque might not be for you. Albuquerque winters are cold, with an average temperature of 42 degrees. Summers in Albuquerque are cool, with an average temperature of 75 degrees. The average temperature in Spring is 66 degrees and the average temperature in Fall is 46 degrees.

Don’t worry too much about packing your umbrella. Albuquerque only sees 61 rainy days per year on average and has an average annual rainfall of 9.5 inches. Albuquerque is relatively dry, with an average annual relative humidity of 44. And don’t foget to bring your sunglasses and tanning lotion! Albuquerque gets an average of 3,415 sunny hours per year and 167 sunny days, more than much of the rest of the country.

Crime

Albuquerque does have some problems with violent crime, with a violent crime rate of 966 incidents per 100,000 persons according to the FBI, a higher rate than average. Property crime rates in Albuquerque are relatively high, with a rate of 6,073 incidents per 100,000 persons, a higher rate than average.

Traffic

Traffic is not as big of a problem in Albuquerque as it is in many other US cities. According to a survey conducted by INRIX, the average commuter in Albuquerque spends 12.6 hours in traffic each year, with about 5% of their time commuting in a traffic jam, a lower portion than average among US cities.

Cost of Living

Albuquerque is a relatively affordable place to live with a low cost of living. According to the Bureau of Economic Analysis‘s Regional Price Parity survey, which takes into account cost of living metrics including the price of goods and services and housing, Albuquerque has a regional price parity of 106.2, -3.0% below the average for US metro areas.

Education

Albuquerque’s workforce is not as educated as comparable cities. Only 16% is in possession of a Bachelor’s degree, and 14% of the population did not complete High School. Only 11% of the population has a Graduate or Professional degree.

Demographics

The median age in Albuquerque is 36.7 years. 49.2% of the population in the Albuquerque metro area is male, while 50.8% is female. 9.8% of the metro population is foreign born. In terms of racial demographics, Albuquerque is 71% white, 3% African American, and 6% Asian.

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