87048 Zip Code

April 25, 2024

Zip Code:	87048
City/Town:	Corrales
State:	New Mexico

Population:	8,682
Per Capita Income:	$39,409
Mean Household Income:	$97,855

Total Housing Units:	3,671
Median Home Value:	$264,900
Median Year Homes Built:	1985

Land Area:	10.8 sq miles 27.9 sq kilometers
Water Area:	0.3 sq miles 0.7 sq kilometers

Population Information (87048 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

8,682

Male:

4,181

48.2%

49.2%

Female:

4,501

51.8%

50.8%

Median Age:

51.1 yrs

37.2 yrs

Under 5 years:

270

3.1%

6.5%

5 to 9 years:

416

6.0%

6.6%

10 to 19 years:

1,058

12.2%

13.8%

20 to 29 years:

443

5.1%

13.8%

30 to 39 years:

560

6.5%

13.0%

40 to 49 years:

1,375

15.8%

14.2%

50 to 59 years:

1,924

22.2%

13.6%

60 to 69 years:

1,672

19.3%

9.4%

70 to 79 years:

679

7.8%

5.4%

80 years and over:

285

3.3%

3.7%

Housing Information (87048 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$264,900

$119,600

Median year homes build:

1985

1971

Median real estate taxes:

$1,418 / yr.

$1,334 / yr.

Median rent:

$571 / mo.

$519 / mo.

Total households:

3,671

Family households:

2,650

72.2%

66.4%

Nonfamily households:

1,021

27.8%

33.6%

Households with individuals under 18 years:

919

25.0%

33.4%

Households with individuals 65 years and over:

1,180

32.1%

24.9%

Average household size:

2.4

Average family size:

2.8

Total housing units:

3,959

Occupied housing units:

3,671

92.7%

88.6%

Vacant housing units:

288

7.3%

11.4%

For rent:

0.7%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.7%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

2.0%

3.5%

All other vacants:

102

2.6%

2.8%

Homeowner vacancy rate:

2.1%

2.4%

Rental vacancy rate:

5.1%

9.2%

Owner-occupied housing units:

3,193

Population in owner-occupied housing units:

7,731

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

478

Population in renter-occupied housing units:

947

Average household size of renter-occupied units:

2.0

2.44

Educational Attainment (87048 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

5,541

Less than 9th grade:

1.4%

6.2%

9th to 12th grade, no diploma:

271

4.9%

8.7%

High school graduate (includes equivalency):

968

17.5%

29.0%

Some college, no degree:

1,166

21.0%

20.6%

Associate degree:

284

5.1%

7.5%

Bachelor's degree:

1,526

27.5%

17.6%

Graduate or professional degree:

1,247

22.5%

10.3%

Percent high school graduate or higher:

93.7%

85.0%

Percent bachelor's degree or higher:

50.0%

27.9%

Income Information (87048 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

2,900

33.4%

50.4%

Median income:

$41,683 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,794

20.7%

59.7%

Median income:

$58,621 / yr.

$38,349 / yr.

Females 15 years and over with income:

2,714

31.3%

49.6%

Median income:

$21,008 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,025

11.8%

40.3%

Median income:

$34,614 / yr.

$28,135 / yr.

All contents copyright © 2012-2024 TeraCodes.com. All rights reserved. This Internet site provides information of a general nature and is designed for educational purposes only. If you have any concerns please review the Terms of Use before using this site. Your use of the site indicates your agreement to be bound by the Terms of Use.

This site is published by TeraCodes, which is responsible for its contents as further described and qualified in the Privacy Policy and Terms of Use.