Farmington vs Albuquerque
| Farmington | Albuquerque | |
|---|---|---|
| Population | 46,457 | 562,551 |
| Median Household Income | $68,784 | $68,317 |
| Median Home Value | $233,000 | $291,500 |
| Median Gross Rent | $1,037/mo | $1,145/mo |
| Homeownership Rate | 66.2% | 61.8% |
| Unemployment Rate | 3.9% | 5.3% |
| Bachelor's Degree or Higher | 26.2% | 39.2% |
| Median Age | 38.7 | 38.8 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.