Corrales, NM

Census Place

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2024 Population
8,555
US Senator
Martin Heinrich
Democratic Party
US Senator
Ben Ray Luján
Democratic Party
2024 Median Age
57.8
3.58% 1-year increase
2024 Poverty Rate
7.04%
1.35% 1-year increase
2024 Median Household Income
$102,307
10.4% 1-year decline
2024 Median Property Value
$571,500
3.97% 1-year growth
2024 Employed Population
3,537
2.86% 1-year decline

About

None of the households in Corrales, NM reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

96.8% of the residents in Corrales, NM are U.S. citizens.

In 2024, the median property value in Corrales, NM was $571,500, and the homeownership rate was 91.2%.

Most people in Corrales, NM drove alone to work, and the average commute time was 29.2 minutes. The average car ownership in Corrales, NM was 3 cars per household.

United StatesNew MexicoSandoval County, NMAlbuquerque, NMSandoval County New Mexico PUMA, NMAlbuquerque NW PUMA, NMValencia County, Torrance County & East Mountain PUMA, NM

Population & Diversity

Corrales, NM is home to a population of 8.56k people, from which 96.8% are citizens. As of 2024, 5.6% of Corrales, NM residents were born outside of the country (479 people).

In 2024, there were 3.6 times more White (Non-Hispanic) residents (5.47k people) in Corrales, NM than any other race or ethnicity. There were 1.52k Two Races Including Other (Hispanic) and 428 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

96.8%
2024 Citizenship
96.6%
2023 Citizenship

As of 2024, 96.8% of Corrales, NM residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Corrales, NM was 96.6%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Corrales, NM compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Corrales, NM
  1. White (Non-Hispanic)
    5.47k ± 410
  2. Two Races Including Other (Hispanic)
    1.52k ± 397
  3. White (Hispanic)
    428 ± 194
29.4%
Hispanic Population
2.51k people

In 2024, there were 3.6 times more White (Non-Hispanic) residents (5.47k people) in Corrales, NM than any other race or ethnicity. There were 1.52k Two Races Including Other (Hispanic) and 428 White (Hispanic) residents, the second and third most common ethnic groups.

29.4% of the people in Corrales, NM are hispanic (2.51k people).

The following chart shows the 8 races represented in Corrales, NM as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Mexico.
Most Common Origin
  1. Mexico
    124,411 ± 8,401 people
  2. Philippines
    6,498 ± 1,976 people
  3. Germany
    4,186 ± 1,587 people

In 2023, the most common birthplace for the foreign-born residents of New Mexico was Mexico, the natal country of 124,411 New Mexico residents, followed by Philippines with 6,498 and Germany with 4,186.

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Foreign-Born Population

5.6%
2024 Foreign-Born Population
479 people
6.36%
2023 Foreign-Born Population
544 people

As of 2024, 5.6% of Corrales, NM residents (479 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Corrales, NM was 6.36%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Corrales, NM compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    334 ± 138
  2. Gulf War (2001-)
    202 ± 97
  3. Gulf War (1990s)
    47 ± 33

Corrales, NM has a large population of military personnel who served in Vietnam, 1.65 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Corrales, NM.

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Economy

The economy of Corrales, NM employs 3.54k people. In 2024, the largest industries in Corrales, NM were Health Care & Social Assistance (495 people), Professional, Scientific, & Technical Services (477 people), and Construction (392 people), and the highest paying industries were Information ($118,850), Utilities ($116,979), and Finance & Insurance ($108,571).

Employment

Occupations

3.54k
2024 Value
± 423
−2.86%
1 Year decline
± 16.9%

From 2023 to 2024, employment in Corrales, NM declined at a rate of −2.86%, from 3.64k employees to 3.54k employees.

The most common job groups, by number of people living in Corrales, NM, are Management Occupations (712 people), Health Diagnosing & Treating Practitioners & Other Technical Occupations (340 people), and Office & Administrative Support Occupations (328 people). This chart illustrates the share breakdown of the primary jobs held by residents of Corrales, NM.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Mexico.

This chart shows weekly unemployment insurance claims in New Mexico (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

3.54k
2024 Value
± 423
−2.86%
1 Year decline
± 16.9%

From 2023 to 2024, employment in Corrales, NM declined at a rate of −2.86%, from 3.64k employees to 3.54k employees.

The most common employment sectors for those who live in Corrales, NM, are Health Care & Social Assistance (495 people), Professional, Scientific, & Technical Services (477 people), and Construction (392 people). This chart shows the share breakdown of the primary industries for residents of Corrales, NM, though some of these residents may live in Corrales, NM and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$87,500
Median earning men ± $20,771
$44,416
Median earning women ± $10,616

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($165,250), Public Administration ($117,740), and Finance & Insurance, & Real Estate & Rental & Leasing ($110,313).

The industries with the best median earnings for women in 2024 are Manufacturing ($105,156), Finance & Insurance, & Real Estate & Rental & Leasing ($75,469), and Educational Services, & Health Care & Social Assistance ($54,735).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Mexico.
Y-Axis
2.72%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 860k people employed in New Mexico. This represents a 2.72% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.8%.

The following chart shows monthly employment numbers for each industry sector in New Mexico.

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Housing & Living

The median property value in Corrales, NM was $571,500 in 2024, which is 1.72 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $549,700 to $571,500, a 3.97% increase. The homeownership rate in Corrales, NM is 91.2%, which is higher than the national average of 65.2%.

People in Corrales, NM have an average commute time of 29.2 minutes, and they drove alone to work. Car ownership in Corrales, NM is higher than the national average, with an average of 3 cars per household.

Housing

Property

$571,500
Median Property Value 2024
±$56,190
$3,239
Median Property Taxes
±$375

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Corrales, NM the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Corrales, NM compared to it's parent and neighbor geographies.

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Rent vs Own

91.2%
Homeownership
2024
65.7%
Homeowners with Mortgage
2024

In 2024, 91.2% of the housing units in Corrales, NM were occupied by their owner. This percentage declined from the previous year's rate of 91.3%.

This chart shows the percentage of owner in Corrales, NM compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$102,307
Median Household Income
± $18,244
3.55k
Number of Households
± 410

In 2024, the median household income of the 3.55k households in Corrales, NM declined from $102,307 from the previous year's value of $114,207.

The following chart displays the households in Corrales, NM distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Corrales, NM is from New Mexico.
0.462
2023 Wage GINI in New Mexico
0.462
2022 Wage GINI in New Mexico

In 2023, the income inequality in New Mexico was 0.462 according to the GINI calculation of the wage distribution. Income inequality had a 0.0654% growth from 2022 to 2023, which means that wage distribution grew somewhat less even. The GINI for New Mexico was lower than than the national average of 0.476. In other words, wages are distributed more evenly in New Mexico in comparison to the national average.

This chart shows the number of workers in New Mexico across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (57.9%)
  2. Worked At Home (31.9%)
  3. Carpooled (6.14%)

In 2024, 57.9% of workers in Corrales, NM drove alone to work, followed by those who worked at home (31.9%) and those who carpooled to work (6.14%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

29.2 minutes
Average Travel Time

Using averages, employees in Corrales, NM have a longer commute time (29.2 minutes) than the normal US worker (26.4 minutes). Additionally, 4.89% of the workforce in Corrales, NM have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Corrales, NM compares to that of it's neighboring and parent geographies.

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Car Ownership

3 cars
Average Number

The following chart displays the households in Corrales, NM distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Corrales, NM have 3 cars.

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Poverty

Poverty & Diversity

7.04% of the population for whom poverty status is determined in Corrales, NM (601 out of 8.54k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 45 - 54, followed by Males 35 - 44 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Corrales, NM is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

96% of the population of Corrales, NM has health coverage, with 37.2% on employee plans, 10% on Medicaid, 30.3% on Medicare, 16% on non-group plans, and 2.48% on military or VA plans.

Primary care physicians in New Mexico see 1,344 patients per year on average, which represents a 0% change from the previous year (1,344 patients). Compare this to dentists who see 1436 patients per year, and mental health providers who see 215 patients per year.

By gender, of the total number of insured persons, 43.9% were men and 56.1% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 15.6% under 18 years, 8.97% between 18 and 34 years, 37.7% between 35 and 64 years, and 37.7% over 64 years.

By gender, of the total number of insured persons, 43.9% were men and 56.1% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

3.97%
Uninsured
37.2%
Employer Coverage
10%
Medicaid
30.3%
Medicare
16%
Non-Group
2.48%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Corrales, NM declined by 8.01% from 4.32% to 3.97%.

The following chart shows how the percent of uninsured individuals in Corrales, NM changed over time compared with the percent of individuals enrolled in various types of health insurance.

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