Albuquerque city, NM

ZIP 87111 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Albuquerque city, NM (87111)

Median Income

$84,511

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,807

Wealth inflow

Population

57,219

Unemployment

4.3%

0.6pp above US avg

IRS migration statistics show a net inflow of about 1,807 for ZIP 87111 (Albuquerque city, NM) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

4.3%+16% vs US avg

Self-Employed

3.0%-51% vs US avg

SNAP Benefits

7.5%-36% vs US avg

1,074

Establishments

10,064

Employees

~9 per establishment — small businesses dominate

Professional services

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.9%
Construction4.5%
Manufacturing4.1%
Wholesale trade1.2%
Retail trade8.3%
Transportation, utilities2.7%
Information1.9%
Finance, insurance, real estate6.8%
Professional, scientific, management23.5%
Education, health care, social27.6%
Arts, entertainment, food services8.3%
Other services4.3%
Public administration6.0%

Household Income

Historical Trends in 87111 (2020–Present)

Since 2020, population declined 0.3%, median income rose 3.5% (inflation-adjusted), home values increased 7.3%.

Median Income

$84,511

+12% vs US avg

Unemployment Rate