Ledes from the Land of Enchantment

Most expensive Albuquerque neighborhoods–is the price worth it? | channel location

Albuquerque, New Mexico is a big city with around 564,559 people and 167 neighborhoods, making it the largest community in New Mexico.

People here are hard workers, with 85.25% of the workforce employed in white-collar jobs, well above the national average.

The per capita income in Albuquerque in 2018 was $31,103, which is wealthy relative to New Mexico, and upper middle income relative to the rest of the US. This equates to an annual income of $124,412 for a family of four.

We found the wealthiest neighborhoods in all of Albuquerque. Check out the results below.

#1-North Albuquerque Acres West

The most expensive place to live in Albuquerque is none other than the North Albuquerque Acres West where the median real estate price is $1,046,376. This staggering price tag makes this place more expensive than 99.1% of the neighborhoods in New Mexico and 94.9% of the neighborhoods in the US

Residents here have an overwhelming percentage of degrees. In fact, 87.5% of adults here have received at least a 4-year bachelor’s degree, compared to the average neighborhood in America, which has 32.9% of the adults with a bachelor’s degree. This is higher than what is found in 99.5% of all US neighborhoods.

#2 North Albuquerque Acres

In order to live in North Albuquerque Acres the median real estate price will cost you $918,444, which is more expensive than 98.7% of the neighborhoods in New Mexico and 92.7% of the neighborhoods in the US

The average rental price in North Albuquerque Acres is currently $3,292. Getting property here is difficult because the vacancy rate is 2.2%, which is a lower rate of vacancies than 86.7% of all neighborhoods in the US

#3-Alameda Blvd NW / Coors Blvd NW

The Alameda Blvd NW / Coors Blvd NW neighborhood is not a cheap place to live. The median real estate price is $831,236, which is more expensive than 98.0% of the neighborhoods in New Mexico and 89.6% of the neighborhoods in the US

The average rental cost in this neighborhood is higher than 64.0% of the neighborhoods in New Mexico at $1,391.

#4 High Desert

High Desert neighborhood is wealthier than 96.5% of the neighborhoods in the United States. There’s also a higher concentration of married couples living here than in 99.8% of all US neighborhoods.

The median home price is $798,892, which is more expensive than 98.2% of the neighborhoods in New Mexico and 90.0% of the neighborhoods in the US

The average rental price in High Desert is currently $2,181, which is higher than 94.7% of the neighborhoods in New Mexico.

#5 Sandia Heights

People who live in Sandia Heights have high incomes, making it among the 15% highest income neighborhoods in America.

The median home price is $690,615, which is more expensive than 97.3% of the neighborhoods in New Mexico and 86.1% of the neighborhoods in the US

The average rental price in Sandia Heights is currently $2,375, which is higher than 97.7% of the neighborhoods in New Mexico.

New Mexico residents, what do you think of this list? Would you buy a home here? Let us know in the comments!

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