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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

Corrales, NM

At a Glance

Median Income
$114,207
52% above
$64,789 per capita
Home Value
$549,700
95% above
Zillow: $682,749
Median Rent
$1,184/mo
2% above
21.4% of income on rent
Violent Crime
138/100K
64% below
711/100K property
Bachelor's Degree+
52.4%
55% above
95.4% high school+
Unemployment
3.3%
8% below
4.3% poverty rate
Obesity Rate
29.4%
8% below
8.8% smoking rate
Avg Temperature
58°F
330 sunny days/yr

How Corrales Compares to the U.S. Average

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

Income
152%
Home Value
195%
Rent
102%
Poverty
35%
Bachelor's
155%
Unemployment
92%
Crime
36%
Thin vertical line = U.S. national average (100%)

Is Corrales a Good Place to Live?

B+
3.7 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Corrales residents earn a median household income of $114,207 , which is 52% above the national average of $75,149. Per capita income is $64,789. The unemployment rate stands at 3.3% (8% below the U.S. rate of 3.6%). 4.3% of residents live below the poverty line. The area is home to 22,948 business establishments, including 1,584 restaurants.

Housing & Cost of Living

The median home value in Corrales is $549,700 , 95% above the national median of $281,900. Zillow estimates the typical home at $682,749. Median rent is $1,184/month, with 21.4% of renters spending more than 30% of income on housing. The cost of living index is 92.2 (100 = national average). The median home was built in 1987.

Safety & Crime

Corrales reports 138 violent crimes per 100,000 residents , which is 64% below the national average of 380/100K. Property crime is 711/100K. The murder rate is 0.0/100K.

Education

52.4% of adults in Corrales hold a bachelor's degree or higher (55% above the national average). 95.4% have completed high school. Local schools score 4.5/10 in standardized testing.

Climate & Weather

Corrales has an average annual temperature of 58°F (14°C). Winters average 37°F in January while summers reach 80°F in July. The area gets 330 sunny days per year. Annual precipitation totals 9.5 inches. Air quality is rated Good with a median AQI of 37.

Data Overview

People

Population8,557
Median Age55.8 yrs
Density793/mi²
Male / Female45% / 55%
Foreign Born13.6%
Veterans11.4%

Economy

A+
Median Income$114,207
Per Capita$64,789
Unemployment3.3%
Poverty4.3%
County GDP$54,831M
Avg Weekly Wage$1,221

Housing

B+
Home Value$549,700
Rent$1,184
Ownership91.3%
Zillow$682,749
Housing Units3,924
Rent Burden21.4%

Crime

F
Violent138/100K
Property711/100K
Murder0.0/100K
Assault115/100K
Burglary207/100K

Health

Obesity29.4%
Diabetes7.8%
Smoking8.8%
Heart Disease4.4%
Premature Death11,524/100K

Climate

Avg Temp58°F
Sunny Days330/yr
Rain9.5 in/yr
AQI37 (Good)
Elevation5,049 ft

Education

A+
Bachelor's+52.4%
High School+95.4%
Graduate+24.5%
School Score4.5/10

Community

2024 VoteR 38% / D 59%
Commute28 min
Broadband88.0%
Internet Speed105 Mbps
EV Stations3
Libraries20

Did You Know?

The median home in Corrales was built in 1987.
24.8% work from home.
The nearest airport is Albuquerque International Sunport (14 miles).
The Gini coefficient (income inequality) is 0.477 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
15.4% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 105 Mbps.
There are 1,584 restaurants in the area.
The county recorded 102 fatal vehicle crashes.
91 declared natural disasters on record.