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Median House Value:

Corrales, NM

Found within zip code: 87048
This is a small community that is contained in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.
NEIGHBORHOOD COST DETAILS
MEDIAN HOUSE VALUE $481,145
  • high cost relative to New Mexico
  • high cost relative to the nation
HOUSE VALUE RANGE
COST
$1,918,000+  1%
$1,439,001-$1,918,000  1%
$959,001-$1,439,000  6%
$767,001-$959,000  7%
$576,001-$767,000  17%
$383,001-$576,000  33%
$193,001-$383,000  25%
$96,001-$193,000  8%
$0-$96,000  3%
% OF HOMES
RENTAL PRICE very high cost relative to NM, high cost relative to the nation


NEIGHBORHOOD LOOK, FEEL,
& CHARACTER
DETAILS
THE SETTING Suburban (based on population density)
TYPE OF HOMES / DWELLINGS mostly Single-family homes, some Mobile homes, some Rowhouses & attached homes, some Small apartment buildings, a few Complexes/high rise apartments
SIZE OF HOMES / DWELLINGS mostly Medium-sized dwellings (3 or 4 bedrooms), some Small dwellings (1, 2 or no bedrooms), a few Large dwellings (4, 5 or more bedrooms)
AGE OF HOMES / DWELLINGS mostly Established but not old (Built 1970 - 1994), some Newer Homes (Built 1995 or later), some Well established older homes (Built 1940 - 1969), a few Historic homes (Built 1939 or earlier)
HOME OWNERSHIP Mostly Owner occupied
SPECIAL CHARACTER mostly Urban Sophisticates, Quiet


THE NEIGHBORS DETAILS
AGE & LIFESTYLE mostly Mixed ages, some Families with children (family households with school-aged children), some Young singles-upwardly mobile (young, educated, professionally employed, and single), some Seniors (people 65 and over), some College students (people currently attending college)
EDUCATION LEVEL Rating: 10 (5 is average for the U.S., 10 is most educated)
INCOME Upper middle income (well-above average income for America)
OCCUPATIONS mostly Executive, managerial & professional, some Sales & Service workers, some Clerical, assistants & technical support, some Manufacturing & Laborers, some Government employees
ETHNICITY/ANCESTRY mostly White (non-Hispanic), some Hispanic, some Irish ancestry, some Mexican, some Italian ancestry
LANGUAGES mostly English speaking, some Spanish speaking

School Rating Information


Corrales Educational Rating
This town is served by one school district.

ALBUQUERQUE PUBLIC SCHOOLS School District




94,022 Students enrolled in District

171 Schools in District

DISTRICT RATING
COMPARED TO STATE (10 is best)
8
Better than:
of NM school
districts
70.9%
DISTRICT RATINGClick to get help on this item
COMPARED TO U.S.
(10 is best)
2
Better than:
of US school
districts
15.3%
STUDENTS PER CLASSROOM
15
STATE AVERAGE 15

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Public School Test Scores (No Child Left Behind)

43%
41%
52%
51%
35%
32%
DISTRICT
STATE
PROFICIENT IN
READING & MATH
PROFICIENT IN
READING
PROFICIENT IN
MATH
SCHOOLS IN THIS DISTRICT GRADES
A MONTOYA ELEM
24 PUBLIC SCHOOL ROAD, TIJERAS, NM 87059
(505) 281-3316
PK-05
ACADEMIA DE LENGUA Y
1829 SIGMA CHI NE, ALBUQUERQUE, NM 87131
(505) 272-7321
06-08
ACADEMY PERFORMING A
4665 INDIAN SCHOOL ROAD, ALBUQUERQUE, NM 87108
(505) 262-4888
06-12
ACOMA ELEMENTARY
11800 PRINCESS JEANNE NE, ALBUQUERQUE, NM 87112
(505) 299-3547
KG-05
ADAMS MIDDLE
5401 GLENRIO ROAD NW, ALBUQUERQUE, NM 87105
(505) 831-0400
06-08
ADOBE ACRES ELEMENTA
1724 CAMINO DEL VALLE SW, ALBUQUERQUE, NM 87105
(505) 877-4799
PK-05
ALAMEDA ELEMENTARY
412 ALAMEDA ROAD NW, ALBUQUERQUE, NM 87114
(505) 898-0070
KG-05
ALAMOSA ELEMENTARY
6500 SUNSET GARDENS RD., ALBUQUERQUE, NM 87105
(505) 836-0288
PK-05
ALBUQUERQUE EVENING
800 ODELIA ROAD NE, ALBUQUERQUE, NM 87102
(505) 247-4200
10-12
ALBUQUERQUE HIGH
800 ODELIA RD. NE, ALBUQUERQUE, NM 87102
(505) 843-6400
09-12
See all
School district enrollment by group
ETHNIC/RACIAL GROUPS THIS DISTRICT THIS STATE
WHITE (NON-HISPANIC) (%) 34.0 31.1
BLACK (%) 4.0 2.5
HISPANIC (%) 54.6 54.0
ASIAN OR PACIFIC ISLANDER (%) 2.5 1.3
AMERICAN INDIAN OR NATIVE OF ALASKA (%) 5.0 11.1
ECONOMIC GROUPS THIS DISTRICT THIS STATE
ECONOMICALLY DISADVANTAGED (%) 39.7 55.7
Educational Expenditures
FOR THIS DISTRICT PER STUDENT TOTAL % OF TOTAL
INSTRUCTIONAL EXPENDITURES $4,463 $419,582,000 50.4
SUPPORT EXPENDITURES
STUDENT $704 $66,155,000 8.0
STAFF $330 $31,029,000 3.7
GENERAL ADMINISTRATION $115 $10,820,000 1.3
SCHOOL ADMINISTRATION $536 $50,372,000 6.0
OPERATION $744 $69,987,000 8.4
TRANSPORTATION $206 $19,370,000 2.3
OTHER $89 $8,376,000 1.0
TOTAL SUPPORT $2,724 $256,109,000 30.8
NON-INSTRUCTIONAL EXPENDITURES $1,661 $156,199,000 18.8
TOTAL EXPENDITURES $8,848 $831,890,000 100.0
Corrales EDUCATIONAL ENVIRONMENT
ADULTS IN Corrales WITH COLLEGE DEGREE OR HIGHER (%) 48.6
CHILDREN IN Corrales LIVING IN POVERTY (%) 8.2

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Corrales Appreciation Rates Click for help

PERIOD TOTAL APPRECIATION AVG. ANNUAL RATE COMPARED
TO NM*
COMPARED
TO AMERICA*
Since 1990 185.36% 9.75% 8 9
Last 10 Years Subscribe for detail
Last 5 Years Subscribe for detail
Last 2 Years Subscribe for detail
Last 12 Months Subscribe for detail
Latest Quarter Subscribe for detail
* 10 is highest

About Corrales

Corrales is a somewhat small village located in the state of New Mexico. With a population of 7,430 people and just one neighborhood, Corrales is the 29th largest community in New Mexico.

Corrales is a decidedly white-collar village, with fully 85.23% of the workforce employed in white-collar jobs, well above the national average. Overall, Corrales is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Corrales who work in management occupations (16.20%), sales jobs (11.17%), and office and administrative support jobs (9.74%).

Of important note, Corrales is also a village of artists. Corrales has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Corrales's character.

Also of interest is that Corrales has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their homes - 8.01% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Corrales is a small village, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

Corrales Information and Demographics

If knowledge is power, Corrales is a pretty powerful place. 51.26% of the adults in Corrales have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 14.96% for all cities and towns.

The per capita income in Corrales in 2000 was $33,629, which is wealthy relative to New Mexico and the nation. This equates to an annual income of $134,516 for a family of four. However, Corrales contains both very wealthy and poor people as well.

Corrales is a somewhat ethnically-diverse village. The people who call Corrales home come from a variety of different races and ancestries. The most prevalent race in Corrales is White, followed by Native American. Corrales also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 24.28% of the village's residents. Important ancestries of people in Corrales include German, English, Irish, Italian, and Swedish.

The most common language spoken in Corrales is English. Some people also speak Spanish.

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Corrales, NM

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