A DIVERSE COMMUNITY
The Albuquerque metro area’s population totals 928,930 residents. Historically, the area has grown at a steady pace of 1-2 percent per year. The city is one of the most culturally diverse in the nation.
On a per capita basis, the Albuquerque metro ranks among the top 25 largest metros in the nation for cities with the most college graduates. The Albuquerque area is home to nearly than 50,000 enrolled college students and 32 percent of the metro population has a bachelor’s degree or higher. New Mexico has one of the highest concentration of Ph.D.s in the nation.
Albuquerque’s 20-to-34 year old demographic was projected to grow at 10.3 percent vs the US average of 5.1 percent over the five year period from 2005 to 2010. The average age of an Albuquerque metro resident is 39 years with the median age being 38 years.
According to data from the American Community Survey, 22.9 percent of the metro’s populations (5 years and over) is bilingual. Of this, the majority — 74 percent — speak Spanish and English “very well.” According to author Richard Florida’s Rise of the Creative Class, Albuquerque was ranked the number one most creative mid-sized city in the U.S., thanks in part to its diversity.
Despite the growth of the Albuquerque area, commute times are very reasonable, thus enhancing the work/life balance valued by many. Albuquerque was ranked the 13th best commute city in the nation. Approximately 69 percent of Albuquerque metro residents have a commute time of 29 minutes or less with the average commute time of 23 minutes.
- Median Household Income: $54,072 Source: EMSI 2021