Pros and Cons of Living In Corrales, New Mexico. Is Corrales, NM a Nice Place To Live or Retire?

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Corrales, New Mexico

Moving to Corrales In New Mexico ? Is Corrales, NM a Nice Place To Live? Pros and Cons of Living in Corrales, New Mexico. Find out the best and worst about to live, raise a family or retire in Corrales.

DEMOGRAPHICS

Population
8636
Unemployment
3.1%
34% NAT AVG.
Poverty
4.9%
65% NAT AVG.
Cost Of Living
120
20% NAT AVG.

ECONOMICS

Median Home Cost
$437500
90% NAT AVG.
Median Income
$84398
25% NAT AVG.
Median Rent
$1146
1% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
74
64% NAT. AVG.
77% STATE AVG.
Violent Crime
12
65% NAT. AVG.
82% STATE AVG.
Property Crime
62
64% NAT. AVG.
75% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 20
Unemployed People
1 in 32
People Earning < $10,000
1 in 28
People Earning < $50,000
27.2%
People With Any Degree
1 in 1.6

ETHNICITY

Ethnicity Corrales USA
White 69.4% 60.1%
African American 1.6% 12.2%
American Indian 1.5% 0.6%
Asian 2.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.2% 2.8%
Hispanic 23.5% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Corrales USA
Less than $10,000 3.6% 5.8%
$10,000 to $14,999 1.8% 4.1%
$15,000 to $24,999 9.1% 8.5%
$25,000 to $34,999 3.5% 8.6%
$35,000 to $49,999 9.2% 12.0%
$50,000 to $74,999 13.8% 17.2%
$75,000 to $99,999 14.4% 12.8%
$100,000 to $149,999 16.5% 15.6%
$150,000 to $199,999 11.1% 7.1%

EDUCATION

Education Corrales USA
< 9th Grade 0% 5.0%
9-12th Grade 2% 7.0%
High School or GED 13% 27.0%
Other College 21% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 28% 20.0%
Master's Degree 18% 9.0%
Professional Degree 6% 2.0%
Doctorate Degree 4% 1.0%
Corrales is a city in New Mexico state in USA with a population of 8636 residents.. The poverty rate of Corrales is 4.9%, which is 65% lower than national average. The typical household in Corrales earns $84398 a year, compared to the national median of $67,500. Nearly 27.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Corrales remained 3.1%, which is 34% lower than national rate.

Cost of living in Corrales is 120, which is 20% higher than national average. In Corrales, only 56% of adults have a bachelor's degree and 29% have some college but no degree. Median home value in Corrales is $437500 , which is 90% higher than national average. While median income in Corrales remained $84398, which is 25% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Corrales Scorecard

Jobs85%

Housing85%

Affordability60%

Safety70%

Amenities70%

Diversity85%

Education95%

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