Albuquerque is a very large city located in the state of New Mexico. With a population of 561,008 people and 167 associated neighborhoods, Albuquerque is the largest community in New Mexico. Albuquerque real estate is some of the most expensive in New Mexico, although Albuquerque house values don't compare to the most expensive real estate in the U.S.Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Albuquerque is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Albuquerque is a city of professionals, sales and office workers, and service providers. There are especially a lot of people living in Albuquerque who work in office and administrative support (11.39%), management occupations (10.16%), and sales jobs (9.44%). Also of interest is that Albuquerque has more people living here who work in computers and math than 95% of the places in the US. Telecommuters are a relatively large percentage of the workforce: 11.00% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. The population of Albuquerque is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 37.83% of adults in Albuquerque have a bachelor's degree or even advanced degree. The per capita income in Albuquerque in 2022 was $36,879, which is upper middle income relative to New Mexico and the nation. This equates to an annual income of $147,516 for a family of four. However, Albuquerque contains both very wealthy and poor people as well. Albuquerque is an extremely ethnically-diverse city. The people who call Albuquerque home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Albuquerque, accounting for 49.77% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Albuquerque residents report their race to be White, followed by Native American. Important ancestries of people in Albuquerque include German, English, Irish, Italian, and French. The most common language spoken in Albuquerque is English. Other important languages spoken here include Spanish and Native American languages.
