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Corrales, New Mexico Mortgage and Housing Information
Population: 7,334
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Corrales
Income
| U.S. | New Mexico | Corrales | |
|---|---|---|---|
| Median Earnings | $23,755 | $19,427 | $31,100 |
| Median Earnings, Males | $29,458 | $23,361 | $41,585 |
| Median Earnings, Females | $18,957 | $15,381 | $23,104 |
Males earn $18,481 (80.0%) more than Females in Corrales.
Commuting in Corrales
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 2,957 |
| Carpooled | 259 |
| Public Transit | 14 |
| Bicycle | 9 |
| Walking | 94 |
| Other Means | 55 |
| Total, Commuted | 3,388 |
| Worked from home | 295 |
| Total | 3,683 |
Time Spent Commuting in Corrales
Time spent commuting in Corrales
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 128 |
| 5-9 | 149 |
| 10-14 | 357 |
| 15-19 | 510 |
| 20-24 | 572 |
| 25-29 | 295 |
| 30-34 | 646 |
| 35-39 | 151 |
| 40-44 | 165 |
| 45-59 | 290 |
| 60-89 | 90 |
| Over 90 | 35 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 498 | 19.5% | 618 | 24.2% |
| Associate Degree | 161 | 6.3% | 123 | 4.8% |
| Bachelor's Degree | 682 | 26.8% | 795 | 31.2% |
| Master's Degree | 330 | 12.9% | 458 | 18.0% |
| Professional Degree | 192 | 7.5% | 104 | 4.1% |
| Doctorate Degree | 112 | 4.4% | 51 | 2.0% |
| Total (at least some college) | 1,975 | 77.5% | 2,149 | 77.7% |
| Total over 25 | 2,549 | 100% | 2,765 | 100% |
Housing in Corrales
Cost of Single-Family Houses
| Median price asked in year 2000 | $215,900 |
|---|
Value of Houses and Condos
| U.S. | New Mexico | Corrales | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $94,600 | $258,500 |
Monthly Owner Costs
| U.S. | New Mexico | Corrales | |
|---|---|---|---|
| With a mortgage | $1,088 | $929 | $1,521 |
| Without a mortgage | $295 | $228 | $292 |
Tenancy in Corrales
| Owner-occupied homes | 2,472 |
|---|---|
| Renter-occupied homes | 347 |
| Homes for sale | 37 |
| Homes for rent | 19 |
| Total | 2,983 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Corrales (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 557 | 27.2% |
| First Mortgage Only | 1,075 | 52.4% |
| Second Mortgage and/or Home Equity Loan | 418 | 20.4% |
| Total | 2,050 | 100% |
Age of Corrales Residents
| Males | Females |
|---|---|
| 42 | 42 |
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