Corrales, New Mexico 

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Population

8,502

56% Growth

Unemployment Rate

7.1%

Median Income

$69,563

Avg. Home Price

$377,062

Best Places to Live in Corrales, New Mexico

Mid-sized city/College town - Near the center of New Mexico
Pros
-Arts and culture
-Attractive setting
-Year-round climate
Cons
-Crime rate
-Urban sprawl
-Economic cycles

Find your Best Mortgage in Corrales: Fixed Rate, Adjustable Rate, 30 years, 15 years

What Bert Has To Say About Albuquerque Metro Area

Albuquerque, located at the crossroads of the state’s travel routes, is the largest city in New Mexico. Clear, sunny, dry days; an attractive mountain landscape; and a mostly healthy economy attract new residents from around the country. Not only is the physical climate excellent, but the area also has a favorable tax climate, and the state’s fiscal health is among the best in the country. The area is a center for the high-tech industry and especially research-oriented activities, centered on the giant Sandia Laboratories nuclear research facility south of town. There are over 100 mostly small- and medium-size tech related companies, and the area has experienced some vulnerability to tech industry economic cycles.


QUICK FACTS

Real Estate: For Sale  For Rent
Country: United States
State: New Mexico
County: Sandoval County
Metro Area: Albuquerque Metro Area
City: Corrales
Zip Codes: 87048
Time zone: Mountain Standard Time (MST)
Elevation: 5314 ft above sea level

Highlights

ECONOMY
The unemployment rate in Corrales is 7.1% (U.S. avg. is 5.2%). Recent job growth is Positive. Corrales jobs have increased by 0.23%. Learn More...
COST OF LIVING
Compared to the rest of the country, Corrales's cost of living is 31.90% higher than the U.S. average. Learn More... or Compare Corrales's Cost of Living
POPULATION
Corrales's population is 8,502 people. Since 2000, it has had a population growth of 55.91%. Learn More...
TRANSPORTATION
Average Commute time is 15 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Corrales is $377,062. Home appreciation the last 10 years has been 7.48%. Check out the homes in the area.
SCHOOLS
Corrales public schools spend $10,228 per student. The average school expenditure in the U.S. is $12,383. There are about 15.1 students per teacher in Corrales. Learn More...

Best Places to Live in Corrales Rankings


Housing Market in Corrales

It's a good time to buy in Corrales. Home Appreciation is up 5.7% in the last 12 months. Browse Corrales Real Estate.

The median home price in Corrales is $377,062. Browse Homes in this Range.


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Reviews for Corrales    1 Reviews
Corrales Climate - 6/14/2006
Corrales is a beautiful old village on the west bank of the Rio Grande at the northwest tip of Albuquerque. The weather is delightful year round. Observing the desert... (Read More)

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MAPS OF CORRALES, NEW MEXICO
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Corrales,New Mexico Map
ZIP CODES IN CORRALES, NEW MEXICO
87048