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87048

Zip code 87048: Corrales, New Mexico

Residential delivery areaSandoval CountyMountain Time
Population
9,069
Median household income
$102K
U.S. $81K
Median home value
$574K
U.S. $333K
Median rent
$1,143/mo
U.S. $1,413
Median age
55.4
U.S. 38.9
Land area
11 sq mi
825 people/sq mi

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

Sorted from highest to lowest national percentile

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

Median age
55.4
Under 18
15.7%
65 and over
36%

Race and ethnicity

  • White62%
  • Black0.9%
  • Hispanic32%
  • Asian0.8%
  • Native American2%
  • Pacific Islander0%
  • Other0.3%
  • Multiracial2%
Diversity index
51.5
U.S. 61.4
Foreign-born
5.3%
U.S. 14.1%
Born in state
44.2%

Language spoken at home (households)

English only
80%
Spanish
16%
Other Indo-European
3%
Asian / Pacific
0%
Other
1%

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

<$25k
9%
$25–50k
16%
$50–75k
14%
$75–100k
9%
$100–150k
16%
$150–200k
16%
$200k+
20%

Median household income

87048
$102,004
Sandoval Co.
$86,636
New Mexico
$64,059
United States
$80,734
Per capita income
$61,833
U.S. $44,673
Poverty rate
7.2%
U.S. 12.5%
Households earning $150K+
36.9%
U.S. 23%
Income inequality (Gini)
0.498
U.S. 0.483

Housing

Median home value

87048
$574,000
Sandoval Co.
$313,800
New Mexico
$248,100
United States
$332,700

Median gross rent

87048
$1,143
Sandoval Co.
$1,427
New Mexico
$1,067
United States
$1,413

Types of housing

Single-family
96%
2–4 units
0.6%
5–19 units
0%
20+ units
0%
Mobile home
3%
Boat, RV, van
0%
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

Drove alone
59%
Carpooled
6%
Transit
0.6%
Walked
0.9%
Bicycle
0%
Worked from home
31%
Other
3%

Commute time (one way)

<10 min
12%
10–19
18%
20–29
30%
30–44
26%
45–59
7%
60+
7%
Average commute
28.8 min
U.S. 26.4 min
Unemployment
6.3%
U.S. 5.2%
In labor force
52.2%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management
19%
Healthcare
11%
Office and admin
9%
Cleaning and personal care
8%
Sales
7%
Construction and repair
7%
Business and finance
6%
Engineering and science
5%
Education
5%
Food service
5%
Arts, media and sports
5%
Computer and math
3%
Transportation and moving
3%
Legal and social services
3%
Production
2%
Police and fire
0.9%
Farming, fishing and forestry
0.5%

Industries

Health care and social assistance
13%
Professional and technical services
13%
Construction
12%
Finance, insurance and real estate
9%
Other services
8%
Education
7%
Restaurants and hotels
6%
Public administration
5%
Retail
5%
Manufacturing
4%
Transportation, warehousing and utilities
4%
Arts and recreation
4%
Agriculture and mining
3%
Admin, support and management
2%
Wholesale
2%
Information
1%
Median earnings per worker
$53,654
U.S. $49,666
Self-employed
29.2%
U.S. 10%
Government workers
16.8%
U.S. 14.5%
Nonprofit workers
10.3%
U.S. 8.8%

Median earnings by type of work

Type of work87048U.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+)

No diploma
4%
High school
16%
Some college
21%
Associate's
8%
Bachelor's
26%
Graduate
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
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

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

ZipCityDistanceIncome
87114Albuquerque4.2 mi$84,277
87113Albuquerque4.3 mi$95,922
87109Albuquerque6.7 mi$58,900
87107Albuquerque7.1 mi$61,672
87144Rio Rancho7.8 mi$94,550
87122Albuquerque8.3 mi$169,041
87004Bernalillo9.1 mi$65,743
87111Albuquerque9.3 mi$90,290
87110Albuquerque9.5 mi$64,892
87124Rio Rancho9.7 mi$86,555
87104Albuquerque9.8 mi$75,436
87101Albuquerque9.9 mi—

Zip codes like 87048 elsewhere

Matched on income, home values, age, density, education, housing and commuting

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.