Corrales, NM
Full City Profile · New Mexico · Bernalillo County County
3.6
/5.0
B+
Good
8,557
Population
793/sq mi density
$114,207
Median Income
$64,789 per capita
$549,700
Home Value
$700,444 Zillow
$1,184
Median Rent
21.4% income on rent
58°F
Avg Temperature
243
Violent Crime/100K
404 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$114,207 median income, 6.3% unemployment
B+
Affordability
4.0 / 5.0
$549,700 home value, $1,184/mo rent
F
Safety
1.0 / 5.0
243 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
6.3%
75% above
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
0.9%
82% 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
0.9%
Work From Home
24.8%
Other
11.4%
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 Rate | 6.3% |
| Poverty Rate | 4.3% |
| Gini Coefficient | 0.477 |
| Cost of Living Index | 92.2 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 62.9% |
| Public Transit | 0.9% |
| Work From Home | 24.8% |
Businesses
| Total Establishments | 22,948 |
| Restaurants | 1,584 |
| Healthcare | 2,110 |
| Retail | 1,974 |
| Manufacturing | 547 |
Tax
| IRS Avg AGI | $71,971 |
| Avg Property Tax | $4,874 |