Corrales, NM

Census Place

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

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.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Corrales, NM

White (Non-Hispanic)
5.47k ± 410
Two Races Including Other (Hispanic)
1.52k ± 397
White (Hispanic)
428 ± 194

29.4%

Hispanic Population

2.51k people

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.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Mexico.

Most Common Origin

Mexico
126,568 ± 8,470 people
Philippines
6,950 ± 2,043 people
Germany
4,158 ± 1,582 people

In 2024, the most common birthplace for the foreign-born residents of New Mexico was Mexico, the natal country of 126,568 New Mexico residents, followed by Philippines with 6,950 and Germany with 4,158.

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.

Military

Veterans

Most Common Service Period

Vietnam
334 ± 138
Gulf War (2001-)
202 ± 97
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.

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.

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.

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.

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).

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.

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.

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.

Wage Distribution

The closest comparable wage GINI for Corrales, NM is from New Mexico.

0.46

2024 Wage GINI in New Mexico

0.462

2023 Wage GINI in New Mexico

In 2024, the income inequality in New Mexico was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.506% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for New Mexico was lower than than the national average of 0.474. 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.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (57.9%)
Worked At Home (31.9%)
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.

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.

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.

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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