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LOCAL GUIDE

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All About

Living In Corrales, NM

Corrales, New Mexico is a small town with a population of slightly more than 8,000. There is no shortage of activities for middle-aged professionals, who make up a larger portion of the population here (46%) than nationally (38%), while young adults feature less prominently in the demographics. Overall, the town's residents, with an average age of just under 47, are older than most cities in New Mexico. Home ownership is more common than renting in Corrales, and 9% of residents rent. At $938 a month, the average rent is slightly above the state average.

Corrales residents have an average commute of about 30 minutes. Driving a vehicle is the most common way to get to work, selected by 34% of residents, while public transit isn't used widely. Walking isn't a common method of commuting to work.

Compared to the national average (7%), Corrales has a high number of residents older than 25 who have advanced degrees, as 20% possess a Master's degree or a Doctorate. In addition, 20% have earned a Bachelor's degree, which also outpaces the national average. There are three primary industries in Corrales: healthcare, education, and scientific. Together, these industries make up 21% of the labor force in the town. Meanwhile, in terms of job function, many workers in these industries are in management, as 8% of the town's population reports this as their field of work, the highest number of any profession. Corrales workers earn an average annual income of around $98K, sixth-highest in New Mexico. Corrales's average income also compares favorably to the national average ($73,345).


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