Corrales

Population: 8,557
Median household income: $114,207
Median home value: $549,700

Located in Sandoval County, New Mexico, Corrales is a community with a population of 8,557. The median household income of $114,207 is above the Sandoval County median ($84,053).

From 2019 to 2023, Corrales's population held roughly steady from 8,588 to 8,557, while its median home value rose 22.8% from $447,600 to $549,700.

The median resident is 55.8 years old. The largest age group is 65 to 74, 19.2% of residents.

Demographics

ACS 2019–2023

Population: 8,557
Median age: 55.8 yrs
Median household income: $114,207
Median home value: $549,700
Median gross rent: $1,184
Housing units: 3,924
Homeownership rate: 91.3%
Bachelor's degree or higher: 52.4%
Unemployment rate: 6.3%

Trends

ACS 5-year · 2019–2023

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

Year	Population	Median household income	Median home value	Median gross rent
2019	8,588	$85,580	$447,600	$1,094
2020	8,636	$84,398	$437,500	$1,146
2021	8,488	$93,899	$440,100	$1,154
2022	8,495	$94,966	$488,300	$1,201
2023	8,557	$114,207	$549,700	$1,184

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.2%

5 to 1712.0%

18 to 244.7%

25 to 344.5%

35 to 4411.2%

45 to 5413.0%

55 to 6415.1%

65 to 7419.2%

75 and over17.1%

	Count	Share
Under 5	278	3.2%
5 to 17	1,028	12.0%
18 to 24	402	4.7%
25 to 34	384	4.5%
35 to 44	956	11.2%
45 to 54	1,111	13.0%
55 to 64	1,291	15.1%
65 to 74	1,641	19.2%
75 and over	1,466	17.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,605	65.5%
Black or African American	97	1.1%
American Indian & Alaska Native	212	2.5%
Asian	86	1.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	26	0.3%
Two or more races	181	2.1%
Hispanic or Latino (any race)	2,350	27.5%

Educational attainment (age 25+)

No high school diploma4.6%

High school graduate16.0%

Some college or associate's27.1%

Bachelor's degree26.3%

Graduate or professional degree26.1%

	Count	Share
No high school diploma	312	4.6%
High school graduate	1,093	16.0%
Some college or associate's	1,858	27.1%
Bachelor's degree	1,801	26.3%
Graduate or professional degree	1,785	26.1%

Commute to work

Mean travel time to work: 28 min

Drove alone62.9%

Carpooled6.7%

Public transit0.9%

Walked2.9%

Bicycle0.0%

Worked from home24.8%

Other means1.8%

How workers get to work

	Count	Share
Drove alone	2,260	62.9%
Carpooled	241	6.7%
Public transit	34	0.9%
Walked	103	2.9%
Bicycle	0	0.0%
Worked from home	891	24.8%
Other means	64	1.8%

Travel time

	Count	Share
Under 15 min	708	26.2%
15 to 29 min	940	34.8%
30 to 44 min	692	25.6%
45 to 59 min	160	5.9%
60+ min	202	7.5%

Households

Average household size: 2.41
Poverty rate: 6.9% (593 of 8,537)

	Count	Share
Family households	2,612	73.7%
Nonfamily households	931	26.3%

Housing

Median year structure built: 1986

Occupancy

	Count	Share
Occupied	3,543	90.3%
Vacant	381	9.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	3,233	91.3%
Renter-occupied	310	8.7%

1-unit, detached89.0%

1-unit, attached6.9%

2 to 4 units0.3%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other3.8%

Units in structure

	Count	Share
1-unit, detached	3,492	89.0%
1-unit, attached	271	6.9%
2 to 4 units	13	0.3%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	148	3.8%

Geography

Place GEOID: 3517960
Type (LSAD): 47
Land area: 11 sq mi
Water area: 0.16 sq mi
Center point: 35.2396, -106.6271