Corrales vs Placitas

A side-by-side comparison of Corrales and Placitas: population, income, housing, and more.

Corrales and Placitas are places in New Mexico. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Corrales has the higher population (8,557 vs 4,375 in Placitas). Corrales has the higher median household income ($114,207 vs $110,268 in Placitas). Corrales has the higher median home value ($549,700 vs $520,200 in Placitas).

Population, income & housing

	Corrales	Placitas
Population	8,557	4,375
Median age	55.8 yrs	63.2 yrs
Median household income	$114,207	$110,268
Median home value	$549,700	$520,200
Median gross rent	$1,184	$1,869
Housing units	3,924	2,349
Homeownership rate	91.3%	91.6%
Bachelor's degree or higher	52.4%	60.2%
Unemployment rate	6.3%	3.0%

Trends (ACS 5-year, 2019–2023)

	Corrales	Placitas
Population	8,588 → 8,557 (-0.4%)	4,686 → 4,375 (-6.6%)
Median household income	$85,580 → $114,207 (+33.5%)	$80,224 → $110,268 (+37.5%)
Median home value	$447,600 → $549,700 (+22.8%)	$366,700 → $520,200 (+41.9%)
Median gross rent	$1,094 → $1,184 (+8.2%)	$1,168 → $1,869 (+60.0%)

Corrales

Population

8,5888,557

Median household income

$85,580$114,207

Median home value

$447,600$549,700

Median gross rent

$1,094$1,184

Placitas

Population

4,6864,375

Median household income

$80,224$110,268

Median home value

$366,700$520,200

Median gross rent

$1,168$1,869

Age & race/ethnicity

Age distribution (share)

	Corrales	Placitas
Under 5	3.2%	2.2%
5 to 17	12.0%	3.3%
18 to 24	4.7%	1.1%
25 to 34	4.5%	1.5%
35 to 44	11.2%	13.0%
45 to 54	13.0%	13.5%
55 to 64	15.1%	19.8%
65 to 74	19.2%	29.9%
75 and over	17.1%	15.7%

Race & ethnicity (share)

	Corrales	Placitas
White (non-Hispanic)	65.5%	74.2%
Black or African American	1.1%	0.0%
American Indian & Alaska Native	2.5%	6.7%
Asian	1.0%	1.5%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.3%	0.0%
Two or more races	2.1%	2.4%
Hispanic or Latino	27.5%	15.2%

Educational attainment (age 25+)

Share of adults 25+

	Corrales	Placitas
No high school diploma	4.6%	1.5%
High school graduate	16.0%	14.3%
Some college or associate's	27.1%	24.0%
Bachelor's degree	26.3%	27.4%
Graduate or professional degree	26.1%	32.8%

Commute to work

How workers get to work (share)

	Corrales	Placitas
Drove alone	62.9%	62.3%
Carpooled	6.7%	2.9%
Public transit	0.9%	1.0%
Walked	2.9%	0.8%
Bicycle	0.0%	0.0%
Worked from home	24.8%	32.6%
Other means	1.8%	0.4%

Housing

Units in structure (share)

	Corrales	Placitas
1-unit, detached	89.0%	96.9%
1-unit, attached	6.9%	0.0%
2 to 4 units	0.3%	0.0%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.6%
Mobile home & other	3.8%	2.5%

Poverty & households

	Corrales	Placitas
Poverty rate	6.9%	2.0%
Average household size	2.41	2.01
Mean commute (minutes)	28	30
Median year structure built	1986	1999