Business Climate

In 2005 the Albuquerque/Los Lunas region has received more than its share of attention and accolades and for good reason. Forbes magazine ranks Albuquerque as the number one city in the country for cost of doing business (citing low costs for taxes, energy, labor, and office space) and the fifth best city overall for business and careers. Expansion Management Magazine ranks the Albuquerque MSA as the seventh “hottest” city for company expansion or growth. And within the region, Los Lunas/Valencia County leads the MSA with the lowest cost industrial sites, the lowest average wages, the lowest housing cost, and the most available workforce.

Workforce

Los Lunas/Valencia county offers the most available and most affordable workforce in the Albuquerque MSA.

  • Los Lunas population: 10,000+; Albuquerque MSA: 780,000
  • MSA residents with a high school degree or higher: 85.9%
  • MSA labor force aged 25 to 44 years: 37%
  • Total MSA workforce: 385,800

>> Education, Financial Incentives & State Rankings (pg.2)