Albuquerque city, NM

ZIP 87109 — Economy & Jobs

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

Working ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Albuquerque city, NM (87109)

Median Income

$56,295

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,242

Wealth inflow

Population

39,323

Unemployment

6.9%

3.2pp above US avg

IRS migration statistics show a net inflow of about 1,242 for ZIP 87109 (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

6.9%+87% vs US avg

Self-Employed

3.5%-43% vs US avg

SNAP Benefits

17.0%+45% vs US avg

2,007

Establishments

39,586

Employees

~20 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

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

Occupation

Industry

Agriculture, forestry, mining0.5%
Construction3.6%
Manufacturing2.7%
Wholesale trade1.5%
Retail trade10.3%
Transportation, utilities3.9%
Information1.8%
Finance, insurance, real estate5.6%
Professional, scientific, management18.6%
Education, health care, social29.3%
Arts, entertainment, food services10.0%
Other services5.2%
Public administration6.9%

Household Income

Historical Trends in 87109 (2020–Present)

Since 2020, population declined 1.6%, median income fell 5.5% (inflation-adjusted), home values increased 8.4%.

Median Income

$56,295

-25% vs US avg

Unemployment Rate