Electricity rates in Albuquerque, New Mexico
Albuquerque, NM ranks 1 of 10 New Mexico cities for homes in buildings of 5+ units (21%). Albuquerque, New Mexico has 562,488 residents in 242,117 households; 20.2% heat with electricity.
Albuquerque on the map
Bernalillo County, with Albuquerque marked
Housing and heating in Albuquerque
Albuquerque, NM: 122,838 of 256,861 homes were built before 1980 and 61,151 in 2000 or later. Albuquerque, NM has 159,378 detached houses, 53,707 homes in 5+ unit buildings and 9,941 mobile homes.
Age of homes in Albuquerque, NM
% of homes by decade built, Albuquerque, NM
- 3pre-40
- 440s
- 1250s
- 960s
- 1970s
- 1480s
- 1490s
- 1600s
- 710s
- 120+
Heating fuel in Albuquerque, NM
| Albuquerque, NM | Value | County | Gap | Rank |
|---|---|---|---|---|
| Albuquerque, NM, median year built | 1982 | 1982 | +0 years | 3 of 10 |
| Albuquerque, NM, built before 1980 | 47.8% | 47.8% | +0.0 points | 7 of 10 |
| Albuquerque, NM, built 2000 or later | 23.8% | 23.0% | +0.8 points | 5 of 10 |
| Albuquerque, NM, detached houses | 62.0% | 64.3% | -2.2 points | 8 of 10 |
| Albuquerque, NM, apartments in 5+ unit buildings | 20.9% | 18.1% | +2.8 points | 1 of 10 |
| Albuquerque, NM, mobile homes | 3.9% | 5.4% | -1.5 points | 9 of 10 |
| Albuquerque, NM, renter households | 38.5% | 35.7% | +2.8 points | 3 of 10 |
| Albuquerque, NM, median home value | $266,700 | $268,500 | -$1,800 | 3 of 10 |
| Albuquerque, NM, median gross rent a month | $1,085 | $1,087 | -$2 | 5 of 10 |
| Albuquerque, NM, people per household | 2.29 | 2.34 | -0.05 | 9 of 10 |
Facts about Albuquerque
- Residents of Albuquerque, NM, ACS 2023
- 562,4881 of 10 New Mexico cities with 30,000+
- Median household income in Albuquerque, NM
- $65,6045 of 10 of those cities
- Households in Albuquerque, NM
- 242,1172.32 people each
- Owner-occupied homes in Albuquerque, NM
- 61.5%148,925 owners and 93,192 renter households
- Housing units in Albuquerque, NM
- 256,86114,744 vacant or seasonal
- Homes heated by electricity in Albuquerque, NM
- 20.2%49,028 of 242,117 homes
- Land area of Albuquerque, NM
- 187.3 sq mi3,003.7 people per sq mi
- Bill as share of income in Albuquerque, NM
- 1.9% to 2.1%at 654 kWh a month over the $65,604 median household income
- Wind and tornado reports within 15 miles of Albuquerque, NM
- 61NWS point reports 2015 to 2025, 10.8 per 100,000 residents
- Median year homes were built in Albuquerque, NM
- 1982122,838 of 256,861 homes (47.8%) before 1980
- Median home value and rent in Albuquerque, NM
- $266,700$1,085 gross rent a month, 4.88% of value a year
Bill and heat pump calculator, Albuquerque
Compare Albuquerque with nearby cities
| City near Albuquerque, NM | Distance from Albuquerque | Residents | Median income | Median year built | Median home value | Storm reports within 15 miles | Work from home |
|---|---|---|---|---|---|---|---|
| Albuquerque, NM (this page) | 0 mi | 562,488 | $65,604 | 1982 | $266,700 | 61 | 12.8% |
| South Valley, NM | 6.9 mi south | 36,605 (-525,883) | $51,062 (-$14,542) | 1968 (-14 yr) | $205,200 (-$61,500) | 53 (-8) | 7.0% (-5.8 pts) |
| Rio Rancho, NM | 12.8 mi north | 106,533 (-455,955) | $85,755 (+$20,151) | 2000 (+18 yr) | $273,300 (+$6,600) | 33 (-28) | 13.8% (+1.0 pts) |
| Santa Fe, NM | 53.7 mi northeast | 88,224 (-474,264) | $70,110 (+$4,506) | 1985 (+3 yr) | $411,500 (+$144,800) | 9 (-52) | 16.2% (+3.3 pts) |
| Farmington, NM | 142.6 mi northwest | 46,339 (-516,149) | $63,745 (-$1,859) | 1982 (+0 yr) | $225,400 (-$41,300) | 25 (-36) | 5.0% (-7.8 pts) |
| Alamogordo, NM | 158.4 mi south | 31,063 (-531,425) | $52,515 (-$13,089) | 1979 (-3 yr) | $163,600 (-$103,100) | 25 (-36) | 6.5% (-6.3 pts) |
Who supplies Albuquerque
Bernalillo County lists 3 utilities for Albuquerque, NM (562,488 residents): homes pay 15.57 to 17.16 cents per kWh, about $102 to $112 a month at 654 kWh, 1.9% to 2.1% of the $65,604 Albuquerque median income. Bernalillo County page.
Who lives in Albuquerque: income, cars, homes
In Albuquerque, NM, 18,119 households own no vehicle and 131,370 own two or more; home EV charging depends on that. Albuquerque, NM homes: 152,680 have 3+ bedrooms, 45,926 none or one, median 5.3 rooms. In Albuquerque, NM, 45,840 of 88,161 renter households pay 30% or more of income in rent; 89,839 households moved in since 2018 and 41,162 before 2000, so electric accounts turn over at a moderate pace. Of 276,033 workers in Albuquerque, NM, 35,382 work from home, 201,959 drive alone, 3,471 ride transit and 5,308 walk. 88,830 residents of Albuquerque, NM live below the poverty line, and the median age is 38.7. In Albuquerque, NM, 65,774 of 242,117 households earn under $35,000, 70,261 $35,000-$75,000, 69,277 $75,000-$150,000 and 36,805 $150,000 or more.
Household income in Albuquerque, NM
| Albuquerque, NM | Value | Rank in New Mexico |
|---|---|---|
| Albuquerque, NM, households under $35,000 | 27.2% | 6 of 10 |
| Albuquerque, NM, households $150,000 or more | 15.2% | 5 of 10 |
| Albuquerque, NM, residents below poverty | 16.0% | 7 of 10 |
| Albuquerque, NM, median age | 38.7 | 4 of 10 |
| Albuquerque, NM, homes with 3+ bedrooms | 59.4% | 9 of 10 |
| Albuquerque, NM, households without a vehicle | 7.5% | 1 of 10 |
| Albuquerque, NM, households with 2+ vehicles | 54.3% | 8 of 10 |
| Albuquerque, NM, workers at home | 12.8% | 3 of 10 |
| Albuquerque, NM, cost-burdened renters | 52.0% | 2 of 10 |
| Albuquerque, NM, moved in since 2018 | 37.1% | 3 of 10 |
| Albuquerque, NM, moved in before 2000 | 17.0% | 7 of 10 |
Outage risk around Albuquerque
Albuquerque, NM, NWS reports within 15 miles of the centre, 2015 to 2025: 55 wind and 6 tornado, 10.8 per 100,000 residents of 562,488. Top gust near Albuquerque, NM: 60 knots, 69 mph. Damage near Albuquerque, NM: $210K.
Reports within 15 miles of Albuquerque, NM
wind and tornado reports, Albuquerque, NM
- 3'15
- 3'16
- 5'17
- 9'18
- 5'19
- 8'20
- 4'21
- 3'22
- 1'23
- 9'24
- 11'25
| Albuquerque, NM | Wind | Tornado | Total |
|---|---|---|---|
| Albuquerque, NM, 2015 | 3 | 0 | 3 |
| Albuquerque, NM, 2016 | 3 | 0 | 3 |
| Albuquerque, NM, 2017 | 5 | 0 | 5 |
| Albuquerque, NM, 2018 | 9 | 0 | 9 |
| Albuquerque, NM, 2019 | 5 | 0 | 5 |
| Albuquerque, NM, 2020 | 7 | 1 | 8 |
| Albuquerque, NM, 2021 | 3 | 1 | 4 |
| Albuquerque, NM, 2022 | 3 | 0 | 3 |
| Albuquerque, NM, 2023 | 0 | 1 | 1 |
| Albuquerque, NM, 2024 | 9 | 0 | 9 |
| Albuquerque, NM, 2025 | 8 | 3 | 11 |
Cost of living with electricity in Albuquerque
Albuquerque, NM: 242,117 households at $872 a year per home for electricity (Bernalillo County average, DOE LEAD) come to about $211.1 million, an estimate; all home energy is $1,493 a year per household.
| Group in Albuquerque, NM | Households | Power per home | Power bill of the group | Share of Albuquerque, NM median income |
|---|---|---|---|---|
| Albuquerque, NM, all households | 242,117 | $872 | $211.1 million | 1.33% |
| Albuquerque, NM, homeowners | 148,925 | $1,028 | $153.1 million | 1.57% |
| Albuquerque, NM, renters | 93,192 | $601 | $56.0 million | 0.92% |
Analyst note on Albuquerque
Albuquerque, NM counts 562,488 residents in 242,117 households, on 187.3 square miles. Household income in Albuquerque, NM is $65,604; 148,925 of its 242,117 households own. 49,028 of the 242,117 occupied homes in Albuquerque, NM heat with electricity.
Albuquerque, NM has 256,861 housing units, 14,744 of them vacant or seasonal. Albuquerque, NM ranks 1 of 10 New Mexico cities for households without a vehicle (7.5%). Albuquerque, NM ranks 2 of 10 New Mexico cities with 30,000+ residents for damaging-wind and tornado reports within 15 miles (61 since 2015).
Albuquerque, NM ranks 2 of 10 New Mexico cities for renters paying 30% or more of income on rent (52.0%).
ZIP codes in Albuquerque
| ZIP area touching Albuquerque, NM | Share of the ZIP's land inside Albuquerque | Share of Albuquerque's land in the ZIP |
|---|---|---|
| 87120 (Albuquerque, NM) | 79.4% | 24.5% |
| 87106 (Albuquerque, NM) | 90.1% | 17.2% |
| 87111 (Albuquerque, NM) | 99.9% | 6.8% |
| 87114 (Albuquerque, NM) | 58.4% | 6.5% |
| 87121 (Albuquerque, NM) | 3.4% | 6.1% |
| 87123 (Albuquerque, NM) | 35.5% | 5.5% |
| 87109 (Albuquerque, NM) | 99.7% | 5.3% |
| 87110 (Albuquerque, NM) | 100.0% | 4.7% |
| 87107 (Albuquerque, NM) | 56.0% | 4.4% |
| 87112 (Albuquerque, NM) | 100.0% | 4.3% |
| 87102 (Albuquerque, NM) | 97.9% | 3.4% |
| 87113 (Albuquerque, NM) | 41.7% | 3.3% |
| 87108 (Albuquerque, NM) | 90.6% | 2.8% |
| 87105 (Albuquerque, NM) | 9.5% | 2.0% |
| 87104 (Albuquerque, NM) | 89.1% | 2.0% |
| 87101 (Albuquerque, NM) | 100.0% | 0.0% |
Census 2020 ZCTA to place land-area overlap. Look up any ZIP.
New Mexico: home prices since 2001, planned plants.
Questions on Albuquerque
Albuquerque: what is the electricity rate?
Albuquerque, NM has no price of its own; its 562,488 residents are served by one of 3 utilities, and a 654 kWh month costs $102 to $112.
Albuquerque: how does it rank among New Mexico cities?
Albuquerque, NM: rank 1 of 10 by its 562,488 residents, rank 5 of 10 by $65,604 median income.
Albuquerque: how many homes heat with electricity?
Albuquerque, NM: 49,028 of 242,117 occupied homes, 20.2%; Bernalillo County 19.6%.
Albuquerque: how much income goes to electricity?
At 654 kWh a month, 1.9% to 2.1% of the $65,604 median income in Albuquerque, NM.
Albuquerque: damaging storms reported nearby?
61 NWS wind and tornado reports within 15 miles of the centre of Albuquerque, NM, 2015 to 2025, 10.8 per 100,000 residents.
How old are the homes in Albuquerque?
Albuquerque, NM: median home built 1982; 122,838 of 256,861 homes (47.8%) predate 1980, 159,378 are detached and 53,707 sit in buildings of 5+ units.
How many Albuquerque, NM households have no car?
18,119 households; 131,370 have two or more.
How big are the homes in Albuquerque, NM?
152,680 of 256,861 homes have 3+ bedrooms; median 5.3 rooms.
How many Albuquerque, NM renters struggle with rent?
45,840 of 88,161 renter households pay 30% or more of income in rent.