87048 Zip Code Detailed Profile




Cities: Corrales, NM (97.80%), Rio Rancho, NM (0.70%), Albuquerque, NM (0.08%)
Counties: Sandoval County, NM (97.80%), Bernalillo County, NM (2.20%)
Estimated zip code population in 2013: 9,052
Zip code population in 2010: 8,682
Zip code population in 2000: 7,595

Houses and condos: 3,635
Renter-occupied apartments: 251
% of renters here:

7%
State:

32%
Mar. 2013 cost of living index in zip code 87048: 97.9 (near average, U.S. average is 100)

Land area: 10.8 sq. mi.
Water area: 0.3 sq. mi.
Population density: 841 people per square mile 
 
 (low).

Age and Sex of Residents in zip code 87048
Zip code 87048 (Corrales, New Mexico) real estate house value trends
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Real estate property taxes paid for housing units in 2013:
This zip code:

0.6% ($2,482)
New Mexico:

0.7% ($1,160)
Median real estate property taxes paid for housing units with mortgages in 2013: $2,708 (0.6%)
Median real estate property taxes paid for housing units with no mortgage in 2013: $2,029 (0.5%)

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Males: 4,377  (48.4%)
Females: 4,675  (51.6%)

For population 25 years and over in 87048:

For population 15 years and over in 87048:

Zip code 87048 compared to state average:

  • Median household income above state average.
  • Median house value significantly above state average.
  • Black race population percentage significantly below state average.
  • Median age significantly above state average.
  • Renting percentage significantly below state average.
  • Number of rooms per house above state average.
  • Percentage of population with a bachelor's degree or higher above state average.
  • Races in zip code 87048

  • Zip code 87048 races chart
    • 5,861White population
    • 81Black population
    • 117American Indian population
    • 101Asian population
    • 0Native Hawaiian and Other Pacific Islander population
    • 23Some other race population
    • 116Two or more races population
    • 2,383Hispanic or Latino population

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Data:
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Based on 2000-2013 data
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123
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100% urban population.

Estimated median house/condo value in 2013: $414,200
87048:

$414,200
New Mexico:

$159,200



According to our research of New Mexico and other state lists there were 4 registered sex offenders living in 87048 zip code as of September 03, 2015.
The ratio of number of residents in zip code 87048 to the number of sex offenders is 2,680 to 1.
The number of registered sex offenders compared to the number of residents in this zip code is a lot smaller than the state average.


Median resident age:
This zip code:

52.6 years
New Mexico median age:

36.9 years
Average household size:
This zip code:

2.6 people
New Mexico:

2.7 people

Averages for the 2012 tax year for zip code 87048, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $99,942 (Individual Income Tax Returns)
Here:

$99,942
State:

$50,343

Salary/wage: $76,186 (reported on 72.0% of returns)
Here:

$76,186
State:

$41,171
(% of AGI for various income ranges: 65.1% for AGIs below $25k, 60.3% for AGIs $25k-50k, 50.8% for AGIs $50k-75k, 51.7% for AGIs $75k-100k, 62.4% for AGIs $100k-200k, 50.1% for AGIs over 200k)

Taxable interest for individuals: $2,572 (reported on 54.6% of returns)
This zip code:

$2,572
New Mexico:

$1,677
(% of AGI for various income ranges: 2.6% for AGIs below $25k, 1.6% for AGIs $25k-50k, 1.8% for AGIs $50k-75k, 1.8% for AGIs $75k-100k, 1.1% for AGIs $100k-200k, 1.3% for AGIs over 200k)

Ordinary dividends: $9,024 (reported on 39.8% of returns)
Here:

$9,024
State:

$6,939
(% of AGI for various income ranges: 4.0% for AGIs below $25k, 3.7% for AGIs $25k-50k, 3.2% for AGIs $50k-75k, 3.4% for AGIs $75k-100k, 3.1% for AGIs $100k-200k, 4.0% for AGIs over 200k)

Net capital gain/loss in AGI: +$22,662 (reported on 34.9% of returns)
Here:

+$22,662
State:

+$14,311
(% of AGI for various income ranges: 1.0% for AGIs $25k-50k, 2.4% for AGIs $50k-75k, 0.9% for AGIs $75k-100k, 3.1% for AGIs $100k-200k, 14.7% for AGIs over 200k)

Profit/loss from business: +$19,730 (reported on 22.1% of returns)
Here:

+$19,730
State:

+$11,059
(% of AGI for various income ranges: 9.5% for AGIs below $25k, 6.9% for AGIs $25k-50k, 4.2% for AGIs $50k-75k, 5.8% for AGIs $75k-100k, 4.6% for AGIs $100k-200k, 3.3% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $23,423 (reported on 17.2% of returns)
87048:

$23,423
New Mexico:

$15,706
(% of AGI for various income ranges: 5.4% for AGIs below $25k, 4.6% for AGIs $25k-50k, 4.9% for AGIs $50k-75k, 6.6% for AGIs $75k-100k, 4.6% for AGIs $100k-200k, 2.9% for AGIs over 200k)

Self-employment retirement plans: $17,233 (reported on 1.3% of returns)
87048:

$17,233
New Mexico:

$18,209

Total itemized deductions: $29,479 (18% of AGI, reported on 50.3% of returns)
Here:

$29,479
State:

$21,709

Here:

18.3% of AGI
State:

19.8% of AGI
(% of AGI for various income ranges: 18.3% for AGIs below $25k, 15.9% for AGIs $25k-50k, 18.7% for AGIs $50k-75k, 17.9% for AGIs $75k-100k, 16.6% for AGIs $100k-200k, 12.1% for AGIs over 200k)

Charity contributions: $5,003 (reported on 43.0% of returns)
Here:

$5,003
State:

$4,195
(% of AGI for various income ranges: 1.0% for AGIs below $25k, 1.6% for AGIs $25k-50k, 1.8% for AGIs $50k-75k, 2.0% for AGIs $75k-100k, 2.3% for AGIs $100k-200k, 2.3% for AGIs over 200k)

Taxes paid: $9,700 (reported on 50.1% of returns)
87048:

$9,700
State:

$6,176
(% of AGI for various income ranges: 3.2% for AGIs below $25k, 3.6% for AGIs $25k-50k, 4.3% for AGIs $50k-75k, 4.9% for AGIs $75k-100k, 5.4% for AGIs $100k-200k, 4.9% for AGIs over 200k)

Earned income credit: $1,685 (reported on 8.9% of returns)
Here:

$1,685
State:

$2,311
(% of AGI for various income ranges: 3.5% for AGIs below $25k, 0.6% for AGIs $25k-50k)

Averages for the 2004 tax year for zip code 87048, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $75,444 (Individual Income Tax Returns)
Here:

$75,444
State:

$39,572

Salary/wage: $61,559 (reported on 77.5% of returns)
Here:

$61,559
State:

$34,237
(% of AGI for various income ranges: 157.8% for AGIs below $10k, 71.1% for AGIs $10k-25k, 69.4% for AGIs $25k-50k, 67.3% for AGIs $50k-75k, 68.3% for AGIs $75k-100k, 59.4% for AGIs over 100k)

Taxable interest for individuals: $2,536 (reported on 61.0% of returns)
This zip code:

$2,536
New Mexico:

$1,873
(% of AGI for various income ranges: 14.8% for AGIs below $10k, 3.0% for AGIs $10k-25k, 2.2% for AGIs $25k-50k, 2.2% for AGIs $50k-75k, 2.1% for AGIs $75k-100k, 1.8% for AGIs over 100k)

Taxable dividends: $4,033 (reported on 42.7% of returns)
Here:

$4,033
State:

$3,554
(% of AGI for various income ranges: 15.7% for AGIs below $10k, 2.6% for AGIs $10k-25k, 2.1% for AGIs $25k-50k, 2.2% for AGIs $50k-75k, 2.2% for AGIs $75k-100k, 2.2% for AGIs over 100k)

Net capital gain/loss: +$12,596 (reported on 37.8% of returns)
Here:

+$12,596
State:

+$10,425
(% of AGI for various income ranges: -8.3% for AGIs below $10k, 1.1% for AGIs $10k-25k, 1.7% for AGIs $25k-50k, 1.4% for AGIs $50k-75k, 2.5% for AGIs $75k-100k, 9.0% for AGIs over 100k)

Profit/loss from business: +$18,748 (reported on 24.2% of returns)
Here:

+$18,748
State:

+$8,875
(% of AGI for various income ranges: 16.1% for AGIs below $10k, 7.6% for AGIs $10k-25k, 6.9% for AGIs $25k-50k, 5.7% for AGIs $50k-75k, 5.7% for AGIs $75k-100k, 5.8% for AGIs over 100k)

IRA payment deduction: $3,478 (reported on 5.2% of returns)
87048:

$3,478
New Mexico:

$2,940
(% of AGI for various income ranges: 0.5% for AGIs $10k-25k, 0.6% for AGIs $25k-50k, 0.4% for AGIs $50k-75k, 0.3% for AGIs $75k-100k, 0.1% for AGIs over 100k)

Self-employed pension: $14,868 (reported on 2.9% of returns)
Here:

$14,868
New Mexico:

$13,110
(% of AGI for various income ranges: 0.3% for AGIs $25k-50k, 0.3% for AGIs $50k-75k, 0.6% for AGIs $75k-100k, 0.7% for AGIs over 100k)

Total itemized deductions: $24,046 (20% of AGI, reported on 52.4% of returns)
Here:

$24,046
State:

$18,103

Here:

20.0% of AGI
State:

21.5% of AGI
(% of AGI for various income ranges: 55.1% for AGIs below $10k, 18.5% for AGIs $10k-25k, 18.5% for AGIs $25k-50k, 18.9% for AGIs $50k-75k, 20.4% for AGIs $75k-100k, 14.9% for AGIs over 100k)

Charity contributions deductions: $3,811 (3% of AGI, reported on 46.3% of returns)
Here:

$3,811
State:

$3,246

Here:

3.0% of AGI
State:

3.6% of AGI
(% of AGI for various income ranges: 1.8% for AGIs below $10k, 1.4% for AGIs $10k-25k, 2.0% for AGIs $25k-50k, 2.1% for AGIs $50k-75k, 2.9% for AGIs $75k-100k, 2.4% for AGIs over 100k)

Total tax: $14,296 (reported on 81.9% of returns)
87048:

$14,296
State:

$6,237
(% of AGI for various income ranges: 7.4% for AGIs below $10k, 4.8% for AGIs $10k-25k, 7.7% for AGIs $25k-50k, 9.5% for AGIs $50k-75k, 11.2% for AGIs $75k-100k, 19.2% for AGIs over 100k)

Earned income credit: $1,362 (reported on 8.4% of returns)
Here:

$1,362
State:

$1,796

Percentage of individuals using paid preparers for their 2004 taxes: 55.9%
Here:

56%
State:

57%
(% for various income ranges: 50.1% for AGIs below $10k, 50.5% for AGIs $10k-25k, 54.0% for AGIs $25k-50k, 55.8% for AGIs $50k-75k, 60.3% for AGIs $75k-100k, 63.8% for AGIs over 100k)

Estimated median household income in 2013:
This zip code:

$80,739
New Mexico:

$43,872
Corrales, NM (87048) map Nearest zip codes: 87113, 87114, 87109, 87107, 87144, 87004.
Percentage of family households:
This zip code:

53.5%
New Mexico:

47.5%
Percentage of households with unmarried partners:
This zip code:

2.4%
New Mexico:

7.1%
Likely homosexual households (counted as self-reported same-sex unmarried-partner households)

Household received Food Stamps/SNAP in the past 12 months: 81
Household did not receive Food Stamps/SNAP in the past 12 months: 3,420


Women who had a birth in the past 12 months: 35 (35 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 1,536 (849 now married, 687 unmarried)


Housing units in zip code 87048 with a mortgage: 2,198 (193 second mortgage, 465 home equity loan, 84 both second mortgage and home equity loan)
Houses without a mortgage: 1,052

Median monthly owner costs for units with a mortgage: $2,242
Median monthly owner costs for units without a mortgage: S433

Residents with income below the poverty level in 2013:
This zip code:

5.4%
Whole state:

21.9%
Residents with income below 50% of the poverty level in 2013:
This zip code:

2.9%
Whole state:

11.8%
Median number of rooms in houses and condos:
Here:

6.7
State:

5.9
Median number of rooms in apartments:
Here:

4.1
State:

4.5
  • Notable locations in this zip code not listed on our city pages

  • Click to draw/clear zip code borders
  • Notable locations in zip code 87048: Corrales Municipal Complex (A), Las Tiendas De Corrales Center (B), Pueblo Corrales Historic Site (C), Casa San Ysidro Historic Site (D), Corrales Community Library (E), Corrales Fire Department Station 1 (F), Alehandro Gonzales House Historic Site (G). Display/hide their locations on the map

    Churches in zip code 87048 include: Corrales Seventh Day Adventist Church (A), Old San Ysidro Church (B), Corrales Mission Church (C), San Ysidro Church (D). Display/hide their locations on the map

    Cemeteries: San Ysidro Cemetery (1), Sandoval Cemetery (2). Display/hide their locations on the map

    Park in zip code 87048: Corrales Historical Marker (1). Display/hide its location on the map

Year house built

  • 02010 or later
  • 6812000 to 2009
  • 1,0231990 to 1999
  • 5151980 to 1989
  • 7671970 to 1979
  • 3311960 to 1969
  • 1101950 to 1959
  • 801940 to 1949
  • 1281939 or earlier

Zip code 87048 satellite photo by USGS

Owner-occupied Renter-occupied

Bedrooms in owner-occupied houses and condos in Corrales, NM (87048)

  • 12no bedroom
  • 201 bedroom
  • 3622 bedrooms
  • 1,8073 bedrooms
  • 9154 bedrooms
  • 1345+ bedrooms

Bedrooms in renter-occupied apartments in Corrales, NM (87048)

  • 28no bedroom
  • 511 bedroom
  • 312 bedrooms
  • 1253 bedrooms
  • 64 bedrooms
  • 105+ bedrooms
Owner-occupied Renter-occupied

Cars and other vehicles available in Corrales, NM (87048) in owner-occupied houses/condos

  • 40no vehicle
  • 4481 vehicle
  • 1,3392 vehicles
  • 9873 vehicles
  • 3564 vehicles
  • 805+ vehicles

Cars and other vehicles available in Corrales, NM (87048) in renter-occupied apartments

  • 12no vehicle
  • 1461 vehicle
  • 592 vehicles
  • 273 vehicles
  • 04 vehicles
  • 75+ vehicles

Median gross rent in 2013: $1,198.

Estimated median house (or condo) value in 2013 for:


Estimated median house or condo value in 2013: $414,200
87048:

$414,200
New Mexico:

$159,200
Lower value quartile - upper value quartile: $293,400 - $609,700

Mean price in 2013:

Detached houses: $224,388
Here:

$224,388
State:

$222,014

Townhouses or other attached units: $156,029
Here:

$156,029
State:

$181,892

In 2-unit structures: $211,324
Here:

$211,324
State:

$192,841

In 3-to-4-unit structures: $154,533
Here:

$154,533
State:

$185,767

In 5-or-more-unit structures: $76,406
Here:

$76,406
State:

$144,300

Mobile homes: $79,663
Here:

$79,663
State:

$75,478

Occupied boats, RVs, vans, etc.: $14,535
Here:

$14,535
State:

$30,495

Owners and renters by unit type in %

Housing units in structures:


Unemployment: 6.1%

Percentage of zip code residents living and working in this county: 38.3%

Household type by relationship:

Households: 9,038

Size of family households: 1,692 2-persons, 536 3-persons, 403 4-persons, 98 5-persons, 91 6-persons, 5 7-or-more-persons

Size of nonfamily households: 581 1-person, 95 2-persons

1,213 married couples with children.
296 single-parent households (41 men, 255 women).

80.8% of residents of 87048 zip code speak English at home.
16.9% of residents speak Spanish at home (91% very well, 3% well, 5% not well, 1% not at all).
2.1% of residents speak other Indo-European language at home (72% very well, 28% well).
0.2% of residents speak other language at home (93% very well, 7% well).

Foreign born population: 382 (4.2%)
(76.4% of them are naturalized citizens)
This zip code:

4.2%
Whole state:

10.1%

Most common places of birth for the foreign-born residents

  • 32%Mexico
  • 14%Argentina
  • 11%Canada
  • 11%China, excluding Hong Kong and Taiwan
  • 8%United Kingdom, excluding England and Scotland
  • 7%South Africa
  • 5%England

Most common first ancestries reported in 87048 (%)

  • 34%Other groups
  • 11%German
  • 10%English
  • 8%Irish
  • 5%Italian
  • 5%American
  • 3%Scottish

Year of entry for the foreign-born population

  • 02010 or later
  • 662000 to 2009
  • 821990 to 1999
  • 318Before 1990

Zip code 87048 topographic map

Facilities with environmental interests located in this zip code:


Zip code 87048 marital status for males
Zip code 87048 marital status for females

Housing units lacking complete plumbing facilities: 2.0%
Housing units lacking complete kitchen facilities: 2.5%

Most commonly used house heating fuel

  • 79%Utility gas
  • 9%Bottled, tank, or LP gas
  • 8%Electricity
  • 2%Wood
  • 2%Other fuel
  • 1%Solar energy

Population in 1990: 4,900. Population change in the 1990s: +2,695 (+55.0%).

Place of birth for U.S.-born residents:


59% of the 87048 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 23% lived in this county.
   Out of people who lived in different counties, 50% lived in New Mexico.

94% of the 87048 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 14% moved from this county.
   Out of people who lived in different houses, 25% moved from different county within same state.
   Out of people who lived in different houses, 61% moved from different state.

Year Householders Moved Into Unit

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 88
Here:

12.6%
New Mexico:

7.5%
Students in private schools in grades 9 to 12 (high school): 84
Here:

18.0%
New Mexico:

9.4%
Students in private undergraduate colleges: 61
Here:

14.4%
New Mexico:

9.8%

Educational Attainment (%)

School Enrollment by Level of School (%)

Class of Workers (%)

Occupation by median earnings in the past 12 months ($)

  • 116,917Legal occupations
  • 116,750Architecture and engineering occupations
  • 104,306Computer and mathematical occupations
  • 86,818Management occupations
  • 75,407Law enforcement workers including supervisors
  • 72,917Life, physical, and social science occupations

Companies with federal contracts located in this zip code (CORRALES, NM):

Top industries in this zip code by the number of employees in 2005:


Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)

Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)

Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninstitutionalized)

People in group quarters in 2010:

  • 4 people in group homes intended for adults
Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 2 full and 4 partial tracts)
A) FHA, FSA/RHS & VA
Home Purchase Loans
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
G) Loans On Manufactured
Home Dwelling (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED8$278,718100$327,861762$274,89044$206,38745$210,8847$102,270
APPLICATIONS APPROVED, NOT ACCEPTED2$126,7257$260,32161$301,5514$16,2953$222,6370$0
APPLICATIONS DENIED5$252,12621$318,154172$348,24425$131,1048$184,0517$161,523
APPLICATIONS WITHDRAWN2$354,67021$341,980189$294,90610$164,0203$348,2630$0
FILES CLOSED FOR INCOMPLETENESS0$02$61,72020$355,1874$487,8800$00$0
Choose year:  2009 2008 2007 2006 2005 2004 2003 1999

Detailed HMDA statistics for the following Tracts: 0047.16 , 0106.01, 0106.02

Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 2 full and 2 partial tracts)
A) Conventional
Home Purchase Loans
B) Refinancings
NumberAverage ValueNumberAverage Value
LOANS ORIGINATED8$379,5639$319,491
APPLICATIONS APPROVED, NOT ACCEPTED0$06$315,380
APPLICATIONS DENIED0$02$387,275
APPLICATIONS WITHDRAWN0$00$0
FILES CLOSED FOR INCOMPLETENESS0$02$343,150
Choose year:  2009 2008 2007 2006 2005 2004 2003 1999

Detailed PMIC statistics for the following Tracts: 0047.16 , 0106.01, 0106.02

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value

Most common first names in zip code 87048 among deceased individuals
NameCountLived (average)
John2872.8 years
Robert1972.8 years
William1671.8 years
Mary1574.6 years
James1575.4 years
Margaret1378.7 years
Charles1276.6 years
Dorothy1279.1 years
Ruth1081.5 years
Paul971.0 years
Most common last names in zip code 87048 among deceased individuals
Last nameCountLived (average)
Martinez2076.5 years
Perea1672.2 years
Gonzales1167.8 years
Garcia1171.8 years
Gutierrez1172.9 years
Lucero969.1 years
Lopez976.7 years
Romero982.5 years
Griego875.5 years
Smith878.4 years

Businesses in zip code 87048



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