HomeNew MexicoBernalillo CountyAlbuquerque
Albuquerque, New Mexico: commercial real estate data.
Albuquerque is a Census city of 562,218 people across 187.26 square miles of land, in Bernalillo County. Median household income is $68,317, 61.8 percent of occupied homes are owned, and the SBA record carries 587 7(a) approvals to borrowers here worth $376.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Albuquerque
What Albuquerque is
- Census place typecity
- Land area187.26 sq mi
- Water area1.69 sq mi
- Population per square mile of land3,002
- County holding the largest share of its areaBernalillo County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albuquerque
How many people live in Albuquerque
- Population562,218
- Median age38.8
- Population under 18114,181
- Share under 1820.3 percent
- Population 65 and over99,291
- Share 65 and over17.7 percent
- Households243,733
- Family households131,406
- Share of households that are families53.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albuquerque
Income and work in Albuquerque
- Median household income$68,317
- Per capita income$40,469
- Civilian labor force293,367
- Employed277,551
- Unemployed15,816
- Unemployment rate5.4 percent
- Adults 25 and over397,572
- Adults 25 and over with a high school diploma or higher91.2 percent
- Adults 25 and over with a bachelor degree or higher39.2 percent
- Adults 25 and over with a graduate degree17.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albuquerque
Housing in Albuquerque
- Housing units258,178
- Occupied units243,733
- Vacant units14,445
- Vacancy rate5.6 percent
- Owner occupied150,676
- Renter occupied93,057
- Ownership rate61.8 percent
- Median owner-occupied home value$291,500
- Median gross rent, monthly$1,145
- Annual rent as a share of median income20.1 percent
- Single family units174,912
- Share single family67.7 percent
- Units in buildings of two or more73,695
- Share in buildings of two or more28.5 percent
- Mobile homes9,128
- Median year structure built1982
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albuquerque
How Albuquerque gets to work
- Workers 16 and over who commute233,948
- Commuting under 15 minutes62,310
- Share commuting under 15 minutes26.6 percent
- Commuting 30 minutes or more57,118
- Share commuting 30 minutes or more24.4 percent
- Drove alone70.7 percent
- Carpooled9.4 percent
- Public transport0.9 percent
- Walked2.0 percent
- Worked from home15.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albuquerque
SBA loans in Albuquerque (7(a))
- Approvals587
- Gross approval$376,479,000
- Average approval$641,361
- Median approval$321,300
- Ninetieth percentile approval$1,686,020
- Largest approval$5,000,000
- Jobs supported8,083
- Jobs per approval13.8
- Loans with a final outcome116
- Paid in full106
- Charged off10
- Charge-off rate over resolved loans8.6 percent
- Median term120 months
- Share on real estate terms of 20 years or more23.3 percent
- Share to franchises16.7 percent
- Distinct lenders82
- Distinct industries by NAICS217
Counted by borrower city: approvals to borrowers whose address is in Albuquerque, in any county, FY2020 to FY2026.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Albuquerque
SBA loans in Albuquerque (504)
- Approvals256
- Gross approval$177,658,000
- Average approval$693,977
- Median approval$416,500
- Largest approval$5,499,000
- Jobs supported2,373
- Loans with a final outcome98
- Charged off1
- Charge-off rate over resolved loans1.0 percent
- Median term240 months
- Distinct CDCs9
Counted by borrower city: approvals to borrowers whose address is in Albuquerque, in any county, FY2010 to FY2026.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Albuquerque
Flood risk in Albuquerque
- NFIP communityCity of Albuquerque
- NFIP community number350002
- Participating in the NFIPYes
- Community Rating System classClass 7
- Currently effective map date11/04/16
The City of Albuquerque participates in the National Flood Insurance Program as community 350002 and carries Community Rating System class 7, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Bernalillo County, not Albuquerque
Bernalillo County context, not Albuquerque figures
- Establishments in Bernalillo County16,349
- Covered employment, Bernalillo County347,440
- Average annual pay, Bernalillo County$63,493
- Housing units permitted, Bernalillo County1,316
Every figure in this section is published for Bernalillo County as a whole and is not a measurement of Albuquerque.
All Bernalillo County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Albuquerque questions, answered from the record.
How many people live in Albuquerque, New Mexico?
562,218, in 243,733 households. Albuquerque city covers 187.26 square miles of land, which is 3,002 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Albuquerque in?
Bernalillo County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Albuquerque?
$68,317. The median owner-occupied home is valued at $291,500. Median gross rent is $1,145 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Albuquerque businesses?
587 7(a) approvals totaling $376.5 m since FY2020, across 82 lenders, median approval $321,300, plus 256 504 approvals worth $177.7 m since FY2010. These count approvals to borrowers whose address is in Albuquerque, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Albuquerque borrowers get paid back?
Of the 116 loans that have reached a final outcome, 106 were paid in full and 10 charged off, a charge off rate of 8.6 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Albuquerque in the National Flood Insurance Program?
Yes. Albuquerque appears in the FEMA Community Status Book as Albuquerque, city of, community 350002, carrying Community Rating System class 7, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Albuquerque figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Bernalillo County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Albuquerque.
Is zoning published for Albuquerque?
No. Nothing on this page presents parcel level zoning.