87048 Zip Code Map | Maps, Demographics and Population for Corrales, NM

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87048 is a 5-digit zip code located in Corrales, New Mexico. Corrales is the primary city for 87048 and is located in Sandoval. In the most recent US census the population of 87048 was 8888.

There are a total of 4,052 housing units in 87048, New Mexico. A total of 8.64% (350) are currently vacant.

Heading	Statistic
Timezone	GMT-7
City Name	Corrales
Housing Units	4,052
Median Home Value	$487,300
Universities	0
Law Enforcement	1 Locations
Hospitals	0

Heading	Statistic
Current Population	8,888*
Avg Income	$94,479
Occupied Houses	3,693
Vacant Houses	350
* Population taken from the last census in 2020.

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New Mexico 3-Digit Zip Code Map Showing 87048

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County Map Showing 87048, New Mexico

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Population Figures for 87048

Total Population by Age

87048 has a total population of 8,888. In the bar chart and table below, this population is split into 18 different age range segments.

Most inhabitants of 87048 are in the 65 to 69 years age bracket. As of the last census, there are 1,005 people in this segment.

The 25 to 29 years segment is the smallest age range in 87048. There are just 188 people in this category.

Age Range	Population
Under 5	249
5 to 9	261
10 to 14	512
15 to 19	323
20 to 24	283
25 to 29	188
30 to 34	317
35 to 39	386
40 to 44	456

Age Range	Population
45 to 49	404
50 to 54	689
55 to 59	965
60 to 64	612
65 to 69	1,005
70 to 74	662
75 to 79	651
80 to 84	504
Over 85	372

Race and Gender Population of 87048

Women make up the highest portion of people in 87048. There are 4,152 men and 4,687 women in this 5-digit zip code.

There are no people who identify as: Native Hawaiian in this 87048 zip code.

Most people in this zip code are White, with a total of 6,597 people in this category.

The chart and table below shows the population of people and which race they belong to in 87048

Gender	Population
Male	4,152
Female	4,687

Race	Population
White	6,597
Black	190
American Indian	236
Asian	108
Some other race	269

Real Estate Figures

Median Rent	Median House Value	Median Rooms in House	Most Common Heating Type
$29	$487,300	6.8 rooms	Utility gas

Housing Types in 87048 Zip Code

Below are two charts showing the amount of occupied vs vacant homes and the amount of renter vs owner occupied houses in the 87048 zip code.

The 87048 zip code area has a homeowner vacancy rate of 9.55% and a rental vacancy rate of 48.01%. This means there are a total of 350 vacant housing units throughout the zip code area. Conversely there are 3,693 housing units that are currently occupied.

Occupied Units	Vacant Units	Owner Vacancy Rate	Rental Vacancy Rate
3,693	350	9.55%	48.01%

Owner-Occupied	Renter-Occupied
3,314	379

Property Value in 87048

Most homes in 87048 are valued $300,000 to $499,999, with 10,402,060 houses in this category.

There are just 0 houses valued at $300,000 to $499,999. As you can see in the chart and table below, this is the smallest segment in this zip code.

The affordability ratio for the 87048 zip code in New Mexico is 3.4. This is calculated by dividing the median housing value by the median income and is used to show how affordable a zip code is.

An affordability ratio of 3.4 is generally considered Medium (Moderately Affordable).

House Value	Units
Less than $50,000	5,060
$50,000 to $99,999	0
$100,000 to $149,999	3,000
$150,000 to $199,999	2,090
$200,000 to $299,999	203,080

House Value	Units
$300,000 to $499,999	10,402,060
$500,000 to $999,999	10,203,050
$1,000,000 or more	300,000
Median House Value	$487,300

Heating Types for Homes in 87048

There are 6 different heating types used by people in the 87048 zip code area. As you can see from the table and chart below; Utility gas, Bottled, tank, or LP gas, Electricity, Wood, Solar energy, Other fuel are the most commonly used heating types in this area.

Utility gas is most commonly used to heat homes in 87048. As you can see below, there are 3,014 houses that use this method.

Heating Type	Units
Utility gas	3,014
Bottled, tank, or LP gas	161
Electricity	358
Fuel oil, kerosene, etc.	0
Coal or coke	0

Heating Type	Units
Wood	72
Solar energy	58
Other fuel	30
No fuel used	0

Household Income Generated 12-months of 2022

The chart and tables below show the household income segments for households in the 87048. 0.6 of households are on the low end, earning less than $10,000 in 2022.

On the other end, 23 of households earned more than $200,000 in the same year. You will also see that the mean income of this zip code is around $141,468.

Most households in 87048 earn in the $200,000 or more range. 23% of households are in this segment.

Income Range	Percent
Less than $10,000	0.6
$10,000 to $14,999	1.6
$15,000 to $24,999	7.3
$25,000 to $34,999	6.7
$35,000 to $49,999	9.1
$50,000 to $74,999	10.6

Income Range	Percent
$75,000 to $99,999	15.5
$100,000 to $149,999	11.4
$150,000 to $199,999	14.2
$200,000 or more	23
Mean income	$141,468

Bedrooms, Rooms and Units in Structures in 87048

Below are three pie charts and tables showing the amount of bedrooms, total rooms and structures in houses for this zip code.

Most houses in 87048 have 5 or more bedrooms, with a total of 56 houses.

In regards to rooms in general, people in this zip code have an average of 6.8 rooms in their house. Most houses actually have 9 rooms or more in their house. 911 homes fit into this category.

911 homes in 87048 are in the 1-unit, detached category, which is the most common in terms of structures for this area.

The largest homes tracked, which are 20 units or more, make up 0 of the houses in this zip code. On the other end, 4,030 houses make up the smallest homes, which are 1 unit, mobile homes or boats.

Bedrooms	Units
No bedroom	56
1 bedroom	56
2 bedrooms	56
3 bedrooms	56
4 bedrooms	56
5 or more bedrooms	56

Rooms	Units
1 room	9
2 rooms	139
3 rooms	20
4 rooms	396
5 rooms	482
6 rooms	739
7 rooms	795
8 rooms	552
9 rooms or more	911
Median rooms	6.8

Units in Structure	Units
1-unit, detached	3579
1-unit, attached	258
2 units	258
3 or 4 units	0
5 to 9 units	13
10 to 19 units	0
20 or more units	0
Mobile home	0
Boat, RV, van, etc.	193

Healthcare and Hospitals

Hospitals Database

There are currently no hospital and healthcare locations in the zip code of 87048.

Universities

Universities Database