Zip code 87048: Corrales, New Mexico
Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.
About 87048
87048 is a suburban zip code in Corrales, New Mexico (Sandoval County), covering 11 sq mi of land. About 9,069 people live here, or 825 per square mile. The median resident is 55.4 years old, compared with 38.9 nationally.
The median household earns $102,004 a year, 26% above the national median of $80,734. 7.2% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $574,000, or 5.6 years of median household income (U.S.: 4.1 years), which makes homes relatively expensive for local earners. 91% of occupied homes are lived in by their owners, and renters pay a median of $1,143 a month.
50% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 28.8 minutes each way, and 31% of workers work from home. The most common jobs among working residents are in management; healthcare; and office and administrative support. 29% of them are self-employed (U.S.: 10%). 20% of households speak a language other than English at home, most often Spanish.
How 87048 compares
- 99thU.S. 10% · NM 10.2%39th of 308 in NM
- Median age55.498thU.S. 38.9 · NM 39.488th of 314 in NM
- 98thU.S. 17.2% · NM 19.3%70th of 315 in NM
- Homeownership rate91.1%97thStrengthU.S. 65.2% · NM 70%96th of 311 in NM
- Work from home30.7%95thU.S. 15.1% · NM 12.2%35th of 307 in NM
- Veterans10.9%92ndU.S. 6.2% · NM 7.9%79th of 315 in NM
- 88thWeaknessU.S. 0.483 · NM 0.47755th of 307 in NM
- Per capita income$61,83386thStrengthU.S. $44,673 · NM $36,21813th of 312 in NM
- Median home value$574,00080thU.S. $332,700 · NM $248,1006th of 250 in NM
- 79thU.S. 35.7% · NM 31%32nd of 315 in NM
- Median household income$102,00473rdU.S. $80,734 · NM $64,05913th of 256 in NM
- 72ndU.S. 5.2% · NM 6%108th of 309 in NM
- Government workers16.8%71stU.S. 14.5% · NM 23.4%216th of 308 in NM
- Housing vacancy9.8%70thU.S. 10.1% · NM 12.5%242nd of 311 in NM
- Healthcare workers10.8%69thU.S. 9.7% · NM 10.3%110th of 308 in NM
- Average commute28.8 min67thU.S. 26.4 min · NM 23.5 min91st of 235 in NM
- Median earnings per worker$53,65465thU.S. $49,666 · NM $41,75844th of 278 in NM
- Tech workers3.2%56thU.S. 3.8% · NM 2.7%56th of 308 in NM
- Diversity index51.554thU.S. 61.4 · NM 62.7101st of 315 in NM
- Population density825/sq mi40thU.S. 95/sq mi · NM 18/sq mi26th of 315 in NM
- Broadband access90.1%35thU.S. 91% · NM 86.5%78th of 311 in NM
- Median gross rent$1,14332ndU.S. $1,413 · NM $1,06742nd of 173 in NM
- 31stU.S. 14.1% · NM 9.4%116th of 315 in NM
- Poverty rate7.2%26thU.S. 12.5% · NM 17.8%245th of 311 in NM
- 23rdU.S. 51.1% · NM 50.2%134th of 236 in NM
- Uninsured rate3.9%21stU.S. 8.4% · NM 9.6%221st of 312 in NM
- Population9,06914thU.S. 334,922,499 · NM 2,120,24661st of 315 in NM
- Residents under 1815.7%10thU.S. 22% · NM 21.7%203rd of 315 in NM
| Measure | 87048 | Sandoval | NM | U.S. | National percentile | Rank in NM |
|---|---|---|---|---|---|---|
| Self-employed workers | 29.2% | 8.9% | 10.2% | 10% | 39th of 308 | |
| Median age | 55.4 | 41.3 | 39.4 | 38.9 | 88th of 314 | |
| Residents 65 and older | 36% | 20.1% | 19.3% | 17.2% | 70th of 315 | |
| Homeownership rateStrength | 91.1% | 83.5% | 70% | 65.2% | 96th of 311 | |
| Work from home | 30.7% | 16.8% | 12.2% | 15.1% | 35th of 307 | |
| Veterans | 10.9% | 10.1% | 7.9% | 6.2% | 79th of 315 | |
| Income inequality (Gini)Weakness | 0.498 | 0.422 | 0.477 | 0.483 | 55th of 307 | |
| Per capita incomeStrength | $61,833 | $41,150 | $36,218 | $44,673 | 13th of 312 | |
| Median home value | $574,000 | $313,800 | $248,100 | $332,700 | 6th of 250 | |
| Bachelor's degree or higher | 50.2% | 33.8% | 31% | 35.7% | 32nd of 315 | |
| Median household income | $102,004 | $86,636 | $64,059 | $80,734 | 13th of 256 | |
| Unemployment rate | 6.3% | 5.2% | 6% | 5.2% | 108th of 309 | |
| Government workers | 16.8% | 21.7% | 23.4% | 14.5% | 216th of 308 | |
| Housing vacancy | 9.8% | 6.6% | 12.5% | 10.1% | 242nd of 311 | |
| Healthcare workers | 10.8% | 11.6% | 10.3% | 9.7% | 110th of 308 | |
| Average commute | 28.8 min | 30.3 min | 23.5 min | 26.4 min | 91st of 235 | |
| Median earnings per worker | $53,654 | $49,882 | $41,758 | $49,666 | 44th of 278 | |
| Tech workers | 3.2% | 3.3% | 2.7% | 3.8% | 56th of 308 | |
| Diversity index | 51.5 | 65.8 | 62.7 | 61.4 | 101st of 315 | |
| Population density | 825/sq mi | 41/sq mi | 18/sq mi | 95/sq mi | 26th of 315 | |
| Broadband access | 90.1% | 90.1% | 86.5% | 91% | 78th of 311 | |
| Median gross rent | $1,143 | $1,427 | $1,067 | $1,413 | 42nd of 173 | |
| Foreign-born residents | 5.3% | 5.6% | 9.4% | 14.1% | 116th of 315 | |
| Poverty rate | 7.2% | 10% | 17.8% | 12.5% | 245th of 311 | |
| Rent-burdened renters | 43% | 50% | 50.2% | 51.1% | 134th of 236 | |
| Uninsured rate | 3.9% | 6.5% | 9.6% | 8.4% | 221st of 312 | |
| Population | 9,069 | 153,604 | 2,120,246 | 334,922,499 | 61st of 315 | |
| Residents under 18 | 15.7% | 21.7% | 21.7% | 22% | 203rd of 315 |
The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.
People
Age
Race and ethnicity
- White62%
- Black0.9%
- Hispanic32%
- Asian0.8%
- Native American2%
- Pacific Islander0%
- Other0.3%
- Multiracial2%
Language spoken at home (households)
Households
- Households
- 3,666
- Average household size
- 2.5
- Family households
- 73%
- Married couples
- 66.7%
- Living alone
- 23.2%
- Veterans (of adults)
- 10.9%
- Male / female
- 45% / 55%
Income and poverty
Household income distribution
Median household income
Housing
Median home value
Median gross rent
Types of housing
- Housing units
- 4,065
- Owner-occupied
- 91.1%
- Vacant
- 9.8%
- Median year built
- 1986
- Median rooms
- 6.5
- Renters paying 30%+ of income
- 43%
- Renters paying 50%+ of income
- 7%
- Home value to income
- 5.6× (U.S. 4.1×)
Work and commute
How people get to work
Commute time (one way)
Jobs and careers
Occupations
Industries
Median earnings by type of work
| Type of work | 87048 | U.S. |
|---|---|---|
| Management, business, science and arts | $92,313 | $74,888 |
| Service | $24,256 | $26,804 |
| Sales and office | $57,212 | $40,476 |
| Construction and maintenance | $39,325 | $49,199 |
| Production and transportation | $40,058 | $39,989 |
Education, internet and health coverage
Highest education (adults 25+)
- High school graduate or higher
- 95.8%
- Bachelor's degree or higher
- 50.2%
- Graduate or professional degree
- 24.6%
- Households with broadband
- 90.1%
- Cable, fiber or DSL
- 78.5%
- No internet access
- 4.6%
- Without health insurance
- 3.9%
- Limited-English households
- 1.7%
Geography
- City (USPS)
- Corrales
- State
- New Mexico
- County
- Sandoval County
- Center point
- 35.2396° N, 106.6271° W
- Land area
- 11 sq mi
- Water area
- 0.2 sq mi
- Time zone
- Mountain Time (UTC-7, UTC-6 in summer)
- Zip type
- Residential delivery area
87048 spans 2 counties
- Sandoval County98% of land
- Bernalillo County2% of land
Cities and towns within this zip
- Corrales98% of zip
Census places overlapping the zip's area. Mail may use a different city name than the municipality.
Zip codes near 87048
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 87114 | Albuquerque, NM | 4.2 mi | $84,277 |
| 87113 | Albuquerque, NM | 4.3 mi | $95,922 |
| 87109 | Albuquerque, NM | 6.7 mi | $58,900 |
| 87107 | Albuquerque, NM | 7.1 mi | $61,672 |
| 87144 | Rio Rancho, NM | 7.8 mi | $94,550 |
| 87122 | Albuquerque, NM | 8.3 mi | $169,041 |
| 87004 | Bernalillo, NM | 9.1 mi | $65,743 |
| 87111 | Albuquerque, NM | 9.3 mi | $90,290 |
| 87110 | Albuquerque, NM | 9.5 mi | $64,892 |
| 87124 | Rio Rancho, NM | 9.7 mi | $86,555 |
| 87104 | Albuquerque, NM | 9.8 mi | $75,436 |
| 87101 | Albuquerque, NM | 9.9 mi | — |
Zip codes like 87048 elsewhere
Questions about 87048
What city is zip code 87048?
87048 is assigned to Corrales, New Mexico. The city name is the one the Postal Service prefers for mail addressed to this zip code.
What county is 87048 in?
87048 is mostly in Sandoval County, but it extends into 1 other county.
What is the population of 87048?
About 9,069 people live in 87048, according to the Census Bureau's American Community Survey.
What time zone is 87048 in?
87048 is in Mountain Time.
What is the median household income in 87048?
The median household income in 87048 is $102,004.
What zip codes are near 87048?
The closest zip codes to 87048 are 87114, 87113, 87109, 87107, 87144.
Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 87048, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.