Market Analysis
A growing Southwest city with national laboratories and an expanding film production industry.
564K
Population
$52,911
Median Income
16,000+
Active Businesses
4
Key Industries
Technology
Major market sector
Defense
Major market sector
Healthcare
Major market sector
Film Production
Major market sector
Understanding the demographics of Albuquerque is critical for any business decision. With a population of 564K and a median household income of $52,911, the local consumer base presents distinct opportunities depending on your industry and target customer.
Local spending patterns in Albuquerque reflect the city's economic profile, with particularly strong consumer activity in technology and defense sectors.
The Albuquerque labor market benefits from its concentration of technology industry professionals, providing a skilled talent pool for businesses in related sectors.
Population and economic trends in Albuquerque, NM indicate ongoing market evolution, creating both opportunities and competitive pressures for new and existing businesses.
With 16,000+ active businesses, Albuquerque presents a dynamic competitive environment. The market is characterized by strong activity in Technology, Defense, Healthcare, with opportunities for differentiation in underserved segments and emerging neighborhoods.
An Area Recon report for Albuquerque includes detailed competitive mapping, business density analysis, and gap identification across all major sectors. Understand exactly where opportunities exist before committing to a location.
Generate a comprehensive market intelligence report with competitor analysis, demographics, and gap analysis for Albuquerque, NM.
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