Population 4,185 · Census ACS 2020–24
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Population and households in Parkway
Household size in Parkway
| Period | Parkway | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.97 | 2.62 | 2.71 | 2.68 |
| 2010–14 | 3.12 | 2.67 | 2.77 | 2.73 |
| 2015–19 | 3.18 | 2.63 | 2.71 | 2.71 |
| 2020–24 | 3.03 | 2.55 | 2.63 | 2.65 |
| Change | +0.07 | −0.08 | −0.07 | −0.03 |
Parkway is a place of big households: 3.03 people per home on average, compared with 2.65 nationally. Numbers like that usually point to plenty of families with kids. Parkway has larger households than at least four in five Albuquerque neighborhoods.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Parkway
| Period | Parkway | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 29.5 | 37.2 | 37.4 | 37.7 |
| 2010–14 | 30.7 | 38.3 | 38.2 | 38.6 |
| 2015–19 | 33.6 | 39.6 | 39.3 | 39.6 |
| 2020–24 | 36.8 | 41.1 | 40.5 | 40.1 |
| Change | +7.3 | +3.9 | +3.2 | +2.3 |
Parkway is younger than the country as a whole: its median age is 36.8, against 40.1 nationally. The median age has climbed from 29.5 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Parkway
| Period | Parkway | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 20.1% | 13.8% | 14.2% | 12.3% |
| 2010–14 | 11.9% | 14.5% | 14.6% | 12.3% |
| 2015–19 | 16.6% | 12.7% | 13.6% | 11.6% |
| 2020–24 | 18.5% | 13.1% | 14.4% | 11.6% |
| Change | −1.6 pts | −0.7 pts | +0.1 pts | −0.6 pts |
Single parents head nearly one in five households in Parkway (18.5%), well above the national share of 11.6%. Compared with other Albuquerque neighborhoods, Parkway has a higher share of single-parent households than most.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Parkway
Renters in Parkway
| Period | Parkway | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 18.6% | 31.7% | 30.4% | 33.3% |
| 2010–14 | 18.6% | 33.4% | 31.8% | 35.6% |
| 2015–19 | 20.2% | 33.0% | 32.3% | 36.0% |
| 2020–24 | 12.2% | 30.9% | 30.0% | 34.8% |
| Change | −6.4 pts | −0.8 pts | −0.3 pts | +1.5 pts |
Parkway is overwhelmingly a place of homeowners: only 12.2% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 8.0% have no mortgage at all, well below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Parkway
| Period | Parkway | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.0% | 8.8% | 13.6% | 11.4% |
| 2010–14 | 2.2% | 9.1% | 14.2% | 11.4% |
| 2015–19 | 6.3% | 10.1% | 15.2% | 11.1% |
| 2020–24 | 3.9% | 7.0% | 11.9% | 9.6% |
| Change | −3.1 pts | −1.8 pts | −1.6 pts | −1.8 pts |
Only 3.9% of homes in Parkway are vacant, far below the national rate of 9.6%, which usually means strong demand for housing. Parkway has a lower vacancy rate than most Albuquerque neighborhoods.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Parkway
| Period | Parkway | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 2001 | 1982 | 1980 | 1974 |
| 2010–14 | 2001 | 1983 | 1981 | 1975 |
| 2015–19 | 2003 | 1984 | 1982 | 1977 |
| 2020–24 | 2003 | 1986 | 1985 | 1980 |
| Change | +2 | +3 | +4 | +6 |
Parkway has newer housing than the country as a whole: the median home was built in 2003, versus 1980 nationally. Few Albuquerque neighborhoods have newer homes: only three of 42.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Parkway
| Period | Parkway | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,207 | $884 | $777 | $965 |
| 2010–14 | $1,404 | $970 | $866 | $1,040 |
| 2015–19 | $1,321 | $1,050 | $943 | $1,213 |
| 2020–24 | $2,093 | $1,356 | $1,188 | $1,571 |
| Change | +$886 | +$472 | +$411 | +$606 |
Rent in Parkway runs $2,093 a month at the median, utilities included, well above the U.S. median of $1,571. Rent takes 31.4% of the typical renter's income, just over the 30% mark often used to define affordable rent. Few Albuquerque neighborhoods have higher rents: only two of 42.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Parkway
Bachelor's degrees in Parkway
| Period | Parkway | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 30.0% | 29.1% | 25.0% | 28.4% |
| 2010–14 | 34.4% | 29.5% | 25.5% | 29.6% |
| 2015–19 | 27.5% | 31.6% | 26.7% | 32.1% |
| 2020–24 | 32.8% | 35.0% | 30.2% | 35.6% |
| Change | +2.8 pts | +5.9 pts | +5.2 pts | +7.2 pts |
About a third of adults 25 and older in Parkway (32.8%) hold at least a bachelor's degree, close to the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Parkway
| Period | Parkway | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 90.2% | 86.0% | 82.3% | 84.9% |
| 2010–14 | 94.7% | 87.3% | 83.5% | 86.1% |
| 2015–19 | 90.1% | 88.4% | 85.1% | 87.7% |
| 2020–24 | 94.4% | 90.2% | 87.5% | 89.3% |
| Change | +4.2 pts | +4.2 pts | +5.2 pts | +4.3 pts |
High school completion is high in Parkway: 94.4% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Parkway
| Period | Parkway | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.6% | 6.7% | 7.3% | 8.1% |
| 2010–14 | 5.2% | 9.3% | 9.7% | 9.4% |
| 2015–19 | 5.0% | 6.0% | 6.8% | 5.6% |
| 2020–24 | 3.4% | 5.4% | 6.0% | 5.4% |
| Change | −4.2 pts | −1.3 pts | −1.3 pts | −2.7 pts |
Unemployment in Parkway runs below the national rate: 3.4% of the labor force was out of work and looking, against 5.4% nationally. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Parkway compared with nearby neighborhoods
| Neighborhood | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Parkway | 3.03 | 36.8 | 18.5% | 12.2% | 3.9% | 2003 | $2,093 | 32.8% | 94.4% | 3.4% |
| Tierra Oeste | 3.31 | 34.1 | 10.8% | 13.3% | 5.6% | 2008 | $1,253 | 45.1% | 94.3% | 2.8% |
| Avalon | 2.78 | 27.5 | 21.2% | 26.1% | 3.0% | 1994 | $1,104 | 16.1% | 76.2% | 5.8% |
| Laurelwood | 2.34 | 34.3 | 20.7% | 30.9% | 10.5% | 1991 | $1,443 | 36.2% | 89.0% | 1.8% |
| Los Volcanes | 2.37 | 37.6 | 22.7% | 75.8% | 2.7% | 1996 | $1,075 | 16.8% | 87.8% | 2.6% |
| SR Marmon | 2.57 | 34.1 | 22.5% | 20.7% | 4.5% | 1999 | $1,615 | 26.5% | 97.3% | 4.4% |
| Ladera West | 2.38 | 34.5 | 20.6% | 29.8% | 8.0% | 1994 | $1,428 | 21.5% | 90.5% | 9.1% |
| West Mesa | 2.96 | 35.6 | 20.0% | 35.0% | 6.2% | 1972 | $1,149 | 17.3% | 81.5% | 9.7% |
| Alamosa | 3.13 | 32.7 | 27.9% | 30.6% | 5.2% | 1970 | $1,149 | 13.9% | 76.3% | 5.0% |
| Westgate Hts | 3.12 | 32.9 | 25.0% | 19.2% | 4.2% | 1997 | $1,487 | 12.0% | 79.2% | 4.9% |
| Westgate Vecinos | 2.89 | 36.4 | 12.7% | 13.4% | 2.4% | 2000 | $1,146 | 10.0% | 79.2% | 5.7% |
All figures 2020–24.
Neighborhoods with similar populations: East Carollton, New Orleans, LA · Merriwood, Oakland, CA · Lakeview, Buffalo, NY · Jardines del Caribe, Ponce, PR · Arrowhead, Jacksonville, FL · Hawthorne, Middle River, MD · Glen Elder, Sacramento, CA · Fairfield, Erie, PA · East Community Team South, Kansas City, MO · Downtown Village of Holly, Holly, MI
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Parkway. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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