Corrales, NM demographics:
population, income, and more

Total population
8,555
-0.0% year-over-year change
Median household income
$102,307/yr
-10.4% year-over-year change
Housing units
3,940
0.4% year-over-year change

Corrales population

How many people live in Corrales

Corrales is home to 8,555 residents, according to the most recent Census data. Gender-wise, 44.2% of Corrales locals are male, and 55.8% are female.

Total population
8,555
-0.0% year-over-year change
Gender ratio
Male
44.2%
3,779
Female
55.8%
4,776
Value Percent YoY change
Male 3,779 44.2% -2.4%
Female 4,776 55.8% 1.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Corrales is 58, with the population distributed as follows: about 12.9% are children under 15, then 6.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 16.3% of the population, while another 26.7% fall into the 45 to 64 bracket. Finally, around 37.5% are 65 or older.

Median age
57.8
Age breakdown
Under 15
12.9%
15 to 24
6.5%
25 to 44
16.3%
45 to 64
26.7%
Over 65
37.5%
Value Percent YoY change
Under 15 1,107 12.9% 2.2%
15 to 24 556 6.5% -11.0%
25 to 44 1,397 16.3% 4.2%
45 to 64 2,286 26.7% -4.8%
Over 65 3,209 37.5% 3.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Corrales, 94.1% of the population are US-born citizens, while 2.8% have gained naturalized citizenship. At the same time, 3.2% of residents are non-citizens. As for race, 68.9% of locals are Caucasian, 1% are African American and 0.8% have Asian roots. There’s also a share of 24% that includes residents with two or more races.

Citizenship
U.S.-born citizens
94.1%
Non-U.S.-born citizens
2.8%
Non-citizens
3.2%
Value Percent YoY change
U.S.-born citizens 8,047 94.1% 1.6%
Non-U.S.-born citizens 238 2.8% -32.2%
Non-citizens 270 3.2% -5.9%
Racial breakdown
White
68.9%
Black or African American
1%
American Indian and Alaska Native
2.8%
Asian
0.8%
Native Hawaiian and other Pacific Islander
0%
Two or more races
24%
Other
2.5%
Value Percent
White 5,895 68.9%
Black or African American 81 1%
American Indian and Alaska Native 243 2.8%
Asian 70 0.8%
Two or more races 2,054 24%
Other 212 2.5%

Households in Corrales

A peek inside Corrales households

Corrales has 3,551 households, with an average of 2 members in each. Of these, 72.4% are families, while the remaining 27.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
3,551
0.2% year-over-year change
Average people per household
2
Non-family households
979
Family households
2,572
Value Percent YoY change
Non-family households 979 27.6% 5.2%
Family households 2,572 72.4% -1.5%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Corrales

The housing landscape of Corrales

Corrales's housing consists of 3,940 units, with 89% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 6.8% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 3.5% of the housing landscape.

Housing units
3,940
0.4% year-over-year change
Housing types
Value Percent
1 unit, detached 3,508 89%
1 unit, attached 269 6.8%
3 or 4 units 26 0.7%
Mobile home 137 3.5%
Homes built since 2020
45
40.6% year-over-year change

The age of buildings in Corrales

In Corrales, the median construction year is 1986. About 7.7% of homes were built before the 1940s, with another 0.8% going up by 1949. Most development happened in the second half of the 20th century. Then, 11.6% of homes were added from 2000 to 2009, 7.7% between 2010 and 2019, and 1.1% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 303 7.7% 18.8%
Built between 1940 and 1949 33 0.8% -51.5%
Built between 1950 and 1959 154 3.9% -1.3%
Built between 1960 and 1969 251 6.4% -27.0%
Built between 1970 and 1979 736 18.7% 12.2%
Built between 1980 and 1989 816 20.7% 3.4%
Built between 1990 and 1999 842 21.4% -2.1%
Built between 2000 and 2009 458 11.6% -2.8%
Built between 2010 and 2019 302 7.7% 3.1%
Built in 2020 or later 45 1.1% 40.6%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Corrales occupancy rates

Out of the 3,551 occupied housing units in Corrales, 91.2% are owner-occupied, while 8.8% are lived in by tenants. Meanwhile, 9.9% of all homes on the local market sit vacant.

Occupied housing units
3,551
0.2% year-over-year change
Occupancy breakdown
Renter occupied
312
Owner occupied
3,239
Value Percent YoY
change
Renter occupied 312 8.8% 0.7%
Owner occupied 3,239 91.2% 0.2%
Unoccupied housing units
9.9%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Corrales housing costs

Housing costs in Corrales come to a median of $1,223 per month, while tenants specifically pay a median gross rent of $1,143.

Median housing costs per month
$1,223/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Corrales
$1,143/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Corrales

Corrales education at a glance

About 18.5% of the population in Corrales went to high school, while 21.9% pursued college studies. Another 8.1% earned an associate degree and 26.1% hold a bachelor’s. Meanwhile, 23.8% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 114 1.6% 9.6%
High school diploma 1,342 18.5% -7.8%
College diploma 1,588 21.9% 14.2%
Associate degree 589 8.1% -8.0%
Bachelor's degree 1,893 26.1% 1.8%
Graduate degree 1,728 23.8% -4.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Corrales

How much people earn in Corrales

The average annual household income in Corrales was $150,066 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -2.8% change from the previous year. At the same time, the median income stood at $102,307, reflecting a -10.4% shift over the same period.

Average household income in Corrales
$150,066/year
-2.8% year-over-year change
Median household income in Corrales
$102,307/year
-10.4% year-over-year change

Corrales income by age

In Corrales, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $161,384. Those with someone between 45 and 64 in charge, often well established professionally, earn $132,875 overall. Overall, 92.9% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $161,384 1.5%
45 - 64 $132,875 -13.1%
Over 65 $79,558 3.0%
Above poverty level
7,916
Below poverty level
601
Value Percent YoY
change
Above poverty level 7,916 92.9% 0.0%
Below poverty level 601 7.1% 3.8%

Average renter income in Corrales

To get a better sense of what renters earn on average in Corrales, their median household income was $55,450 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 24.7%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$55,450
Rent-to-income ratio
24.7%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Corrales

Workforce and job types in Corrales

The job market in Corrales is powered by 3,537 working residents, spread across a range of industries and roles. 86.9% of the working population are employed in professional or administrative positions, while 13.1% are in hands-on or service-based jobs. Also, 29.1% run their own businesses, 45.1% are employed by private companies, and 14.9% work in the public sector.

Workforce demographics

Working population
3,537
-2.9% year-over-year change
White collar
3,073
Blue collar
464
Value Percent YoY change
White collar 3,073 86.9% -3.6%
Blue collar 464 13.1% 2.4%
Employer type
Self employees
29.1%
Private companies
45.1%
Governmental workers
14.9%
Not for profit companies
10.9%
Value Percent YoY change
Self employees 1,028 29.1% 1.7%
Private companies 1,595 45.1% -4.6%
Governmental workers 528 14.9% -8.8%
Not for profit companies 386 10.9% 1.9%
Unemployment rate
6.3%
-3.7% year-over-year change

Available workforce

The unemployment rate in Corrales stands at 6.3%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Corrales

How people get around in Corrales

Commuting methods vary: 64% of residents travel by personal vehicle and 0.9% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 2,251 64% -10.0%
Bus or trolleybus 12 0.3% -64.7%
Walk 32 0.9% -68.9%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Corrales by zipcode?

Zipcode Population Number of households Median income Average income
87048 9,069 3,666 $102,004 $149,170

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FAQs about Corrales demographics 

What is the total population of Corrales?

Corrales has a total population of 8,555 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.0% compared to a year ago.

What is the gender ratio in Corrales?

The gender ratio in Corrales is as follows:
  • 44.2% males (3,779 residents)
  • 55.8% females (4,776 residents)

What is the median age in Corrales?

The median age in Corrales is 57.8.

What is the age distribution of the population in Corrales?

The age distribution in Corrales is as follows:
  • Under 15: 12.9% (1,107 residents)
  • Ages 15-24: 6.5% (556 residents)
  • Ages 25-44: 16.3% (1,397 residents)
  • Ages 45-64: 26.7% (2,286 residents)
  • Over 65: 37.5% (3,209 residents)

What is the racial and ethnic makeup of Corrales?

The racial and ethnic makeup of Corrales is as follows:
  • White: 68.9% (5,895 residents)
  • Black or African American: 1% (81 residents)
  • American Indian and Alaska Native: 2.8% (243 residents)
  • Asian: 0.8% (70 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 24% (2,054 residents)
  • Other: 2.5% (212 residents)

What percentage of the population in Corrales are U.S.-born citizens?

U.S.-born citizens represent 94.1% of the population in Corrales.

How many housing units are there in Corrales?

There are 3,940 housing units in Corrales, reflecting a +0.4% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Corrales and what is the average household size?

Corrales has a total of 3,551 households, with an average of 2 people in each.

What is the median household income in Corrales?

Corrales has a median household income of $102,307, representing a -10.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Corrales?

The employment rate is 93.7% in Corrales, with a workforce of 3,537 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 86.9% (3,073 residents)
  • Blue-collar workers: 13.1% (464 residents)

Places of employment:
  • Self-employed: 29.1% (1,028 residents)
  • Private companies: 45.1% (1,595 residents)
  • Governmental workers: 14.9% (528 residents)
  • Not-for-profit companies: 10.9% (386 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025