87048 ZIP Code – Corrales, New Mexico
87048 is a ZIP code serving Corrales, New Mexico in Sandoval County with a population of approximately 8,839 residents. Residents earn a median household income of $94,479, which is well above the New Mexico average and above the national figure. The median home value of $487,300 is well above the national average, with 91.1% owner-occupied housing (decreasing). . Median rent is $1,201, which is near the U.S. average. Housing consists of 97% single-family (increasing).
The area reports an unemployment rate of 6.6%, above the national average. The poverty rate is 7.9%, well below the national average. An estimated 50.6% of adults hold a bachelor's degree or higher, well above the national average. The median age is 54.7, above the national median. Neighboring ZIP codes include 87113, 87114, 87109.
ZIP Code 87048 Data
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ZIP 87048 vs. New Mexico vs. U.S.
| Metric | ZIP 87048 | NM Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 8,839 | 5,896 | 10k |
| Median Household Income | $94k | $55k | $73k |
| Median Home Value | $487k | $190k | $258k |
| Median Rent | $1,201 | $897 | $1,088 |
| Median Age | 54.7 | 46.2 | 43.2 |
| Unemployment Rate | 6.6% | 6.3% | 5.0% |
| Poverty Rate | 7.9% | 19.9% | 13.3% |
| Bachelor's Degree or Higher | 50.6% | 23.0% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 87113 – Albuquerque
- 87114 – Albuquerque
- 87109 – Albuquerque
- 87107 – Albuquerque
- 87122 – Albuquerque
- 87144 – Rio Rancho
- 87111 – Albuquerque
- 87110 – Albuquerque
- 87104 – Albuquerque
- 87101 – Albuquerque
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 87113 | ALBUQUERQUE | 16,434 | $84,668 |
| 87114 | ALBUQUERQUE | 67,805 | $77,743 |
| 87109 | ALBUQUERQUE | 40,313 | $53,182 |
| 87107 | ALBUQUERQUE | 27,873 | $56,629 |
| 87122 | ALBUQUERQUE | 18,592 | $152,360 |