Real Estate details: Monterey CA vs Albuquerque NM
RE Insights
| Metric | Monterey | Albuquerque |
|---|---|---|
| Population | 29,571 | 561,008 |
| Median Home Price | $1,135,000 | $272,000 |
| Rent | 64% | 39% |
| Own | 36% | 61% |
Real Estate Insights Comparison: Monterey vs Albuquerque
- The population in Albuquerque is greater at 561,008 compared to 29,571 in Monterey.
- A higher median home price of $1,135,000 is found in Monterey compared to $272,000 in Albuquerque.
- Rent in Monterey is higher at 64% compared to 39% in Albuquerque.
- More homeowners can be found in Albuquerque at 61% compared to 36% in Monterey.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.