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AREA INFORMATION

Corrales, NM

Explore the real estate in Corrales, NM

Area Highlights

Corrales, NM residents have a median age of 57.7 years old, with employment highest in the construction and food industries.

8,909 Population

The population has increased by 4.9% since the year 2010.

3,858 Households

$106,802 /yr
Median Household Income

$687,500
Median Home Sale Price

23m Median Commute Time

Most people in this area drive to work.

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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

57.7 Median Age

Average Household Size

2.3
persons per
household

64.8%

Married Households

Community Population By Education

Bachelors Degree 29%
Graduate Degree 27%
Some College 22%
High School Graduate 12%
Associates Degree 7%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 28.91% 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)
16.3% 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

$106,802 /yr
Median Household Income
$687,500
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 21.44% of the households.

Transportation to Work

  • Drive 78%
  • Work from Home 18%
  • Walk or Bike 4%
  • Public Transit 1%

Occupancy by Type

Owned 3,559 87%
Rented 299 7%
Vacant 229 6%

White vs Blue Collar Jobs







White Collar 89%
Blue Collar 11%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 57.7 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 72%
Hispanic 27%
Other 5%
Native American 2%
Asian 1%
Black 1%
The most prevalent ethnicity is White at 72%, followed by Hispanic at 27%, Other at 5%, and Native American at 2%.

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°
71°
May
45°
80°
Jun
54°
90°
Jul
60°
93°
Aug
59°
89°
Sep
51°
83°
Oct
39°
72°
Nov
28°
58°
Dec
21°
49°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$61,999
For sale
1 acres

0 Vista Sandia Court
Placitas, NM 87048

$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

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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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