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Corrales, NM

Full City Profile · New Mexico · Bernalillo County County

3.7 /5.0
B+ Good
8,557 Population 793/sq mi density
$114,207 Median Income $64,789 per capita
$549,700 Home Value $682,749 Zillow
$1,184 Median Rent 21.4% income on rent
58°F Avg Temperature 330 sunny days/yr
138 Violent Crime/100K 711 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$114,207 median income, 3.3% unemployment
B+
Affordability
4.0 / 5.0
$549,700 home value, $1,184/mo rent
F
Safety
1.0 / 5.0
138 violent crimes/100K
A+
Education
5.0 / 5.0
52.4% bachelor's degree or higher

Income Overview

Median Household Income
$114,207
52% above
US avg: $75,149
Per Capita Income
$64,789
66% above
US avg: $39,052
Unemployment Rate
3.3%
8% below
US avg: 3.6%
Poverty Rate
4.3%
65% below
US avg: 12.4%

Income Comparison: Corrales vs. U.S. Average

Each bar shows Corrales’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$114,207
152%
Per Capita
US: $39,052
$64,789
166%
IRS Avg AGI
US: $72,000
$71,971
100%
Avg Weekly Wage
US: $1,432
$1,221
85%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,221
15% below US avg ($1,432)
Mean Commute Time
28 min
3% above US avg (28 min)
Work From Home
24.8%
63% above US avg (15.2%)
Drive Alone
62.9%
14% below US avg (73.2%)
Public Transit
1.0%
81% below US avg (5.0%)
County GDP
$54,831M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 62.9%
Public Transit 1%
Work From Home 24.8%
Other 11.3%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
22,948
Restaurants
1,584
Healthcare
2,110
Retail
1,974
Manufacturing
547

Tax & Financial

IRS Avg Adjusted Gross Income
$71,971
0% below US avg ($72,000)
Avg Property Tax
$4,874
39% above US avg ($3,500)
Cost of Living Index
92.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$114,207
Per Capita Income$64,789
IRS Avg Adjusted Gross Income$71,971
Avg Weekly Wage$1,221
County GDP$54,831M

Hardship Indicators

Unemployment Rate3.3%
Poverty Rate4.3%
Gini Coefficient0.477
Cost of Living Index92.2

Commute

Mean Commute28 minutes
Drive Alone62.9%
Public Transit1.0%
Work From Home24.8%

Businesses

Total Establishments22,948
Restaurants1,584
Healthcare2,110
Retail1,974
Manufacturing547

Tax

IRS Avg AGI$71,971
Avg Property Tax$4,874