Last updated: 2024 BLS data · Page refreshed:
Corrales has a population of 8,555 with a median age of 57.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,555 |
| Median Age | 57.8 |
| White | 68.9% |
| Black or African American | 0.9% |
| Asian | 0.8% |
| Hispanic or Latino | 29.4% |
The median household income in Corrales is $102,307, which is 26.9% above the national median of $80,610. The per capita income is $63,801. The poverty rate is 7.0%.
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In Corrales, 95.6% of residents age 25+ have a high school diploma or higher, and 51.5% hold a bachelor's degree or higher (24.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.6% |
| Bachelor's Degree or Higher | 51.5% |
| Graduate or Professional Degree | 24.9% |
The median home value in Corrales is $571,500, above the national median of $303,400. The median monthly rent is $1,143. The homeownership rate is 91.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $571,500 |
| Median Monthly Rent | $1,143 |
| Homeownership Rate | 91.2% |
| Vacancy Rate | 9.9% |
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