Corrales is a somewhat small village located in the state of New Mexico. With a population of 8,696 people and two constituent neighborhoods, Corrales is the 26th largest community in New Mexico.
Corrales home prices are not only among the most expensive in New Mexico, but Corrales real estate also consistently ranks among the most expensive in America.
Corrales is a decidedly white-collar village, with fully 94.36% 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 (20.20%), healthcare (10.98%), and sales jobs (9.29%).
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 home: 9.48% 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 good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Corrales’s overall crime rate is lower than average for the country.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Corrales. 61.35% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Corrales in 2018 was $52,315, which is wealthy relative to New Mexico and the nation. This equates to an annual income of $209,260 for a family of four.
Corrales is a very ethnically-diverse village. The people who call Corrales home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Corrales residents report their race to be 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 25.59% of the village’s residents. Important ancestries of people in Corrales include English, German, Irish, Italian, and Norwegian.
The most common language spoken in Corrales is English. Other important languages spoken here include Spanish and Polish.