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AREA INFORMATION

87048 (Corrales, NM)

Explore the real estate in 87048 (Corrales, NM)

Area Highlights

87048 (Corrales, NM) residents have a median age of 56.2 years old, with employment highest in the construction and administrative support industries.

9,765 Population

The population has increased by 4.1% since the year 2010.

4,326 Households

$103,788 /yr
Median Household Income

$675,688
Median Home Sale Price

23m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

56.2 Median Age

Average Household Size

2.3
persons per
household

59.9%

Married Households

Community Population By Education

Bachelors Degree 28%
Graduate Degree 26%
Some College 22%
High School Graduate 13%
Associates Degree 8%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 28.13% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
15.9% of households have children

Area Schools

KG-5
0.6 MILES
B
Corrales Elementary School
PK-KG
1.2 MILES
Cottonwood Montessori School
9-12
1.2 MILES
Sandia View Academy
PK-8
1.2 MILES
Sandia View Christian School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$103,788 /yr
Median Household Income
$675,688
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 19.01% of the households.

Transportation to Work

  • Drive 78%
  • Work from Home 16%
  • Walk or Bike 4%
  • Public Transit 1%

Occupancy by Type

Owned 3,641 79%
Rented 685 15%
Vacant 271 6%

White vs Blue Collar Jobs







White Collar 88%
Blue Collar 12%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 56.2 years old. The smallest percentage group is 65-74 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 71%
Hispanic 28%
Other 6%
Native American 3%
Asian 2%
Black 1%
The most prevalent ethnicity is White at 71%, followed by Hispanic at 28%, Other at 6%, and Native American at 3%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

93° July
Hottest Average Month
20° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
20°
49°
Feb
24°
55°
Mar
30°
62°
Apr
37°
72°
May
45°
81°
Jun
53°
90°
Jul
60°
93°
Aug
59°
90°
Sep
51°
83°
Oct
38°
73°
Nov
27°
59°
Dec
21°
49°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$85,000
For sale
1 acres

Camino Hermosa
Corrales, NM 87048

$194,000
For sale
0.8 acres

Lot 37 Dulce Court
Corrales, NM 87048

$69,000
For sale
0.9 acres

Sagebrush Drive Drive
Corrales, NM 87048

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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