Corrales, NM

Census Place

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2023 Population

8,557

0.73% 1-year growth

US Senator

Martin Heinrich

Democratic Party

US Senator

Ben Ray Luján

Democratic Party

2023 Median Age

55.8

1.24% 1-year decrease

2023 Poverty Rate

6.95%

105% 1-year increase

2023 Median Household Income

$114,207

20.3% 1-year growth

2023 Median Property Value

$549,700

12.6% 1-year growth

2023 Employed Population

3,641

6.71% 1-year decline

About

In 2023, Corrales, NM had a population of 8.56k people with a median age of 55.8 and a median household income of $114,207. Between 2022 and 2023 the population of Corrales, NM grew from 8,495 to 8,557, a 0.73% increase and its median household income grew from $94,966 to $114,207, a 20.3% increase.

The 5 largest ethnic groups in Corrales, NM are White (Non-Hispanic) (65.5%), Two Races Including Other (Hispanic) (13.1%), White (Hispanic) (7.48%), Two Races Excluding Other, & Three or More Races (Hispanic) (3.82%), and Other (Hispanic) (2.49%).

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.

96.6% of the residents in Corrales, NM are U.S. citizens.

In 2023, the median property value in Corrales, NM was $549,700, and the homeownership rate was 91.3%.

Most people in Corrales, NM drove alone to work, and the average commute time was 28.3 minutes. The average car ownership in Corrales, NM was 2 cars per household.

United States New Mexico Sandoval County, NM Albuquerque, NM Sandoval County New Mexico PUMA, NM Albuquerque NW PUMA, NM Valencia County, Torrance County & East Mountain PUMA, NM

Population & Diversity

Corrales, NM is home to a population of 8.56k people, from which 96.6% are citizens. As of 2023, 6.36% of Corrales, NM residents were born outside of the country (544 people).

In 2023, there were 5.02 times more White (Non-Hispanic) residents (5.61k people) in Corrales, NM than any other race or ethnicity. There were 1.12k Two Races Including Other (Hispanic) and 640 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

96.6%

2023 Citizenship

96.7%

2022 Citizenship

As of 2023, 96.6% of Corrales, NM residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Corrales, NM was 96.7%, meaning that the rate of citizenship has been decreasing.

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)
5.61k ± 385
Two Races Including Other (Hispanic)
1.12k ± 343
White (Hispanic)
640 ± 190

27.5%

Hispanic Population

2.35k people

27.5% of the people in Corrales, NM are hispanic (2.35k 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
124,411 ± 8,401 people
Philippines
6,498 ± 1,976 people
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.

Foreign-Born Population

6.36%

2023 Foreign-Born Population

544 people

7.04%

2022 Foreign-Born Population

598 people

As of 2023, 6.36% of Corrales, NM residents (544 people) were born outside of the United States, which is approximately the same as the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Corrales, NM was 7.04%, 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
327 ± 136
Gulf War (2001-)
175 ± 98
Gulf War (1990s)
83 ± 49

Corrales, NM has a large population of military personnel who served in Vietnam, 1.87 times greater than any other conflict.

Economy

The economy of Corrales, NM employs 3.64k people. In 2023, the largest industries in Corrales, NM were Health Care & Social Assistance (562 people), Professional, Scientific, & Technical Services (481 people), and Other Services, Except Public Administration (307 people), and the highest paying industries were Wholesale Trade ($161,389), Information ($116,853), and Utilities ($114,688).

Employment

Occupations

3.64k

2023 Value

± 408

−6.71%

1 Year decline

± 17%

From 2022 to 2023, employment in Corrales, NM declined at a rate of −6.71%, from 3.9k employees to 3.64k employees.

The most common job groups, by number of people living in Corrales, NM, are Management Occupations (714 people), Health Diagnosing & Treating Practitioners & Other Technical Occupations (392 people), and Office & Administrative Support Occupations (311 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

3.64k

2023 Value

± 408

−6.71%

1 Year decline

± 17%

From 2022 to 2023, employment in Corrales, NM declined at a rate of −6.71%, from 3.9k employees to 3.64k employees.

The most common employment sectors for those who live in Corrales, NM, are Health Care & Social Assistance (562 people), Professional, Scientific, & Technical Services (481 people), and Other Services, Except Public Administration (307 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

$86,525

Median earning men ± $14,515

$52,454

Median earning women ± $16,418

The industries with the best median earnings for men in 2023 are Wholesale Trade ($161,389), Educational Services, & Health Care & Social Assistance ($160,500), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($133,958).

The industries with the best median earnings for women in 2023 are Wholesale Trade ($158,750), Manufacturing ($103,571), and Finance & Insurance, & Real Estate & Rental & Leasing ($102,639).

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.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

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

Measure

In 2023, 1.18% of men over 25 years of age had not completed any academic degree (no schooling), while 0.99% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

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

Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (451k), Some college (389k), and Bachelors Degree (255k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Corrales, NM was $549,700 in 2023, which is 1.81 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $488,300 to $549,700, a 12.6% increase. The homeownership rate in Corrales, NM is 91.3%, which is higher than the national average of 65%.

People in Corrales, NM have an average commute time of 28.3 minutes, and they drove alone to work. Car ownership in Corrales, NM is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$549,700

Median Property Value 2023

±$52,192

$3,233

Median Property Taxes

±$383

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

91.3%

Homeownership

2023

62%

Homeowners with Mortgage

2023

In 2023, 91.3% of the housing units in Corrales, NM were occupied by their owner. This percentage grew from the previous year's rate of 89.4%.

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Corrales, NM colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$114,207

Median Household Income

± $20,851

3.54k

Number of Households

± 424

In 2023, the median household income of the 3.54k households in Corrales, NM grew to $114,207 from the previous year's value of $94,966.

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.

0.462

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.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (62.9%)
Worked At Home (24.8%)
Carpooled (6.71%)

In 2023, 62.9% of workers in Corrales, NM drove alone to work, followed by those who worked at home (24.8%) and those who carpooled to work (6.71%).

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

28.3 minutes

Average Travel Time

Using averages, employees in Corrales, NM have a longer commute time (28.3 minutes) than the normal US worker (26.6 minutes). Additionally, 4.7% 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

2 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 2 cars.

Poverty

Poverty & Diversity

6.95% of the population for whom poverty status is determined in Corrales, NM (593 out of 8.54k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 45 - 54, followed by Males 35 - 44 and then Females 75+.

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
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

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

Health

95.7% of the population of Corrales, NM has health coverage, with 39.4% on employee plans, 9.2% on Medicaid, 29% on Medicare, 15.9% on non-group plans, and 2.09% on military or VA plans.

Primary care physicians in New Mexico see 1,344 patients per year on average, which represents a 1.13% increase from the previous year (1,329 patients). Compare this to dentists who see 1436 patients per year, and mental health providers who see 224 patients per year.

By gender, of the total number of insured persons, 45.2% were men and 54.8% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 15.9% under 18 years, 8.56% between 18 and 34 years, 39.2% between 35 and 64 years, and 36.3% over 64 years.

By gender, of the total number of insured persons, 45.2% were men and 54.8% were women.

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

Uninsured People

4.32%

Uninsured

39.4%

Employer Coverage

9.2%

Medicaid

29%

Medicare

15.9%

Non-Group

2.09%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Corrales, NM declined by 13.6% from 4.99% to 4.32%.

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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