Corrales village, New Mexico
CityPopulation: 8,557 (2023 estimate)
Located in New Mexico , New Mexico
Census Bureau data for Corrales village from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Corrales village
- What is the median household income in Corrales village?
- The median household income in Corrales village is $114,207 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Corrales village?
- The poverty rate in Corrales village is 4.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in Corrales village?
- $549,700 (U.S. Census Bureau ACS 2023).
- What is the average rent in Corrales village?
- The median gross rent in Corrales village is $1,184 per month (U.S. Census Bureau ACS 2023).
- What percentage of Corrales village residents have a college degree?
- 52.4% of adults in Corrales village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
8,557
Median Income
$114,207
Median Home Value
$549,700
Poverty Rate
4.3%
Unemployment (ACS 2023)
6.3%
Median Age
55.0 yrs
Since 2019
Median Income:
+$28,627 (+33.5%)
Home Value:
+$102,100 (+22.8%)
Poverty Rate:
+1.9 pp (+79.2%)
Bachelor's+:
-9.0 pp (-14.7%)
Unemployment:
+3.5 pp (+125%)
Demographics
Total Population
8,557
Median Age
55.0
Female
54.8%
Race & Ethnicity
Hispanic or Latino 27.5%
White (non-Hisp.) 65.5%
Black 1.1%
Asian 1.0%
Two or More 19.0%
Other 2.8%
Asian Subgroups (% of total pop.)
Chinese
0.5%
Korean
0.3%
Filipino
0.2%
Japanese
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$114,207
±$20,851
+$52,082 vs. state
Per Capita Income
$151,549
Median Family Income
$155,867
Poverty Rate
4.3%
-9.4 pp vs. state
Child Poverty Rate
10.6%
Working-Age Poverty Rate
—
SNAP Recipients
4.1%
Social Security Income
—
Retirement Income
41.0%
Household Income Distribution
< $10k
1.8%
$10–15k
4.1%
$15–25k
5.6%
$25–35k
7.6%
$35–50k
7.7%
$50–75k
9.1%
$75–100k
10.5%
$100–150k
10.9%
$150–200k
18.4%
$200k+
24.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
3,924
Owner-Occupied
91.3%
Renter-Occupied
8.7%
Vacancy Rate
9.7%
Median Home Value
$549,700
+$317,500 vs. state
Median Gross Rent
$1,184
Owner Cost Burden (30%+)
19.6%
Renter Cost Burden (30%+)
34.6%
Home Value Distribution
< $50k
1.7%
$50–100k
0.4%
$100–200k
1.3%
$200–300k
2.9%
$300–500k
37.7%
$500k–$1M
45.3%
$1M+
10.7%
Gross Rent Distribution
< $500
15.6%
$500–1k
11.9%
$1–1.5k
55.6%
$1.5–2k
16.9%
Vehicle Availability
No vehicle
1.6%
1 vehicle
17.3%
2 vehicles
40.1%
3+
41.0%
Housing Type
Single-fam. det.
89.0%
Single-fam. att.
6.9%
Mobile home
3.8%
Housing Age
Pre-1940
6.5%
1940–1969
1.7%
1970–1999
16.7%
2000–2009
12.0%
2010+
7.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
95.4%
Bachelor's or Higher
52.4%
+22.2 pp vs. state
Graduate Degree
26.1%
Some College / Associate
17.9%
Less Than High School
1.5%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
52.8%
Unemployment Rate
6.3%
+0.3 pp vs. state
Work from Home
24.8%
Self-Employed
14.0%
Government Workers
15.9%
Private For-Profit
69.4%
Industry
Edu/Health
20.8%
Prof. Services
14.7%
Arts/Entmt.
10.5%
Construction
8.2%
Finance
7.9%
Manufacturing
6.1%
Retail
6.0%
Public Admin
5.9%
Agriculture
3.8%
Transportation
3.6%
Wholesale
2.4%
Information
1.6%
Occupation
Management
57.1%
Sales
15.6%
Food Prep
14.9%
Construction
7.3%
Production
5.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
28.3 min
Drove Alone
62.9%
Carpool
6.7%
Public Transit
0.9%
Work from Home
24.8%
Walked
2.9%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
3,543
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
68.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
15.9%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.2%
5–9
3.7%
10–14
5.7%
15–19
4.4%
20–24
2.9%
25–34
4.5%
35–44
11.2%
45–54
13.0%
55–64
8.3%
65–74
6.8%
75–84
19.2%
85+
12.7%
Under 18: 15.3%
Working age (18–64): 84.7%
65 and over: 36.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
6.4%
Naturalized Citizen
47.2%
Speaks English Less Than Very Well
2.7%
Foreign-Born Origin
Latin America
61.0%
Asia
14.5%
Europe
13.8%
Africa
3.1%
Veterans & Disability
Veteran
11.4%
With a Disability
14.5%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.7%
Uninsured
4.3%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
87.9%
Has a Computer
96.2%
Same House 1 Year Ago
89.8%
Moved from Abroad
0.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023