When it comes to looking like the rest of the country, you can’t get much better than Albuquerque.
According to a new study from WalletHub, Albuquerque WalletHub, Albuquerque has the 11th biggest resemblance to the U.S. What does that exactly mean? Albuquerque closely mirrors the nation on metrics such as age, gender and income. Albuquerque is even more on point when compared to just medium-sized metro areas, where it’s third when it comes to looking like the rest of the country.
The metro area that most resembles the rest of the country? Indianapolis-Carmel-Anderson, Indiana, followed by Cincinnati, Ohio and Oklahoma City, Oklahoma. View the entire list in the interactive graphic below.
WalletHub, a personal finance site, said the findings can be useful for business owners and entrepreneurs for finding the most fertile ground for their business ideas or for marketers trying to target customers. Traits such as ethnic makeup, household size, educational attainment and household characteristics illustrate America’s uniqueness from a statistical perspective.
WalletHub analyzed demographical statistics for 379 of the largest U.S. metropolitan statistical areas, including simple metrics such as age, gender and income and complex measures such as household makeup and housing tenure.
According to WalletHub, 55 percent of American households are renters and the median house price is $175,700. Other interesting statistics about the makeup of America:
- Female population is 50.81 percent, male population is 49.19 percent
- The average home is 1,817 square feet
- The average commute time is 25.7 minutes
- The average workday is 7.68 hours
- 23 percent of households make less than $25,000
By: Christopher Ortiz (Albuquerque Business First)
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