ZIP Code Tabulation Area · New Mexico

ZIP Code 87048: Corrales, NM

ZIP Code 87048 (Corrales, Sandoval County, New Mexico) has an estimated 9,069 residents in 3,666 households. The median household income is $102,004, the median home value is $574,000 and the median gross rent is $1,143/mo. Figures are U.S. Census Bureau American Community Survey 2020–2024 5-year estimates for the matching ZIP Code Tabulation Area.

American Community Survey 2020–2024 5-year estimates · Updated

Total population

9,069

Margin of error ±207

Median household income

$102,004

Margin of error ±$14,716

Median home value

$574,000

Margin of error ±$52,847

Median gross rent

$1,143/mo

Margin of error ±$209

Median age

55.4 yrs

Margin of error ±3.8 yrs

Mean travel time to work

28.8 min

Margin of error ±5.7 min

How ZIP 87048 compares with New Mexico and the U.S.

State and national figures are the Census Bureau's own estimates for those areas from the same ACS release, not averages of ZIP codes.

Median age

ZIP 8704855.4 yrsNew Mexico39.4 yrsUnited States38.9 yrs

Median household income

ZIP 87048$102,004New Mexico$64,059United States$80,734

Per capita income

ZIP 87048$61,833New Mexico$36,218United States$44,673

Poverty rate

ZIP 870487.2%New Mexico17.8%United States12.5%

Unemployment rate

ZIP 870486.3%New Mexico6.0%United States5.2%

Bachelor's degree or higher

ZIP 8704850.2%New Mexico31.0%United States35.7%

Median home value

ZIP 87048$574,000New Mexico$248,100United States$332,700

Median gross rent

ZIP 87048$1,143/moNew Mexico$1,067/moUnited States$1,413/mo

Owner-occupied homes

ZIP 8704891.1%New Mexico70.0%United States65.2%

Mean travel time to work

ZIP 8704828.8 minNew Mexico23.5 minUnited States26.4 min

Worked from home

ZIP 8704830.7%New Mexico12.2%United States15.1%

All figures for ZIP 87048

Each estimate has a 90% margin of error: the true value is likely within that range. * marks estimates with a large margin of error (a coefficient of variation above 30%, or ±10 percentage points or more for rates).

ZIP 87048 — ACS 2020–2024 5-year estimates
MeasureZIP 87048Margin of errorNew MexicoUnited States
Total population9,069±2072,120,246334,922,499
Median age55.4 yrs±3.8 yrs39.4 yrs38.9 yrs
Households3,666±206837,414129,227,496
Median household income$102,004±$14,716$64,059$80,734
Per capita income$61,833±$6,843$36,218$44,673
Poverty rate7.2%±3.1 pts17.8%12.5%
Unemployment rate6.3%±2.7 pts6.0%5.2%
Bachelor's degree or higher50.2%±4.5 pts31.0%35.7%
Median home value$574,000±$52,847$248,100$332,700
Median gross rent$1,143/mo±$209$1,067/mo$1,413/mo
Owner-occupied homes91.1%±3.1 pts70.0%65.2%
Mean travel time to work28.8 min±5.7 min23.5 min26.4 min
Worked from home30.7%±6.9 pts12.2%15.1%

Race and Hispanic or Latino origin

Shares of the total population by the Census Bureau's race and Hispanic or Latino origin categories (table B03002), listed in the Census Bureau's order. People self-identify on the survey.

Population by race and Hispanic or Latino origin, ZIP 87048
GroupZIP 87048New MexicoUnited States
White alone, not Hispanic or Latino62.0%36.0%57.4%
Black or African American alone, not Hispanic or Latino0.9%1.8%11.9%
American Indian and Alaska Native alone, not Hispanic or Latino2.2%8.5%0.5%
Asian alone, not Hispanic or Latino0.8%1.6%5.9%
Native Hawaiian and Other Pacific Islander alone, not Hispanic or Latino0.0%0.1%0.2%
Some other race alone, not Hispanic or Latino0.3%0.5%0.6%
Two or more races, not Hispanic or Latino2.4%3.1%4.3%
Hispanic or Latino (of any race)31.5%48.4%19.3%

Where ZIP 87048 is

State
New Mexico
Main county
Sandoval County— also overlaps Bernalillo County
Largest overlapping place
Corrales (98% of the ZIP's land area)
Land area
10.99 sq mi· about 825 people per sq mi

County and place names come from the Census Bureau's 2020 ZCTA relationship files. A ZIP code's mailing city, set by the U.S. Postal Service, can differ from these names.

Other ZIP codes in Sandoval County

87001 Sandoval County, NM87004 Sandoval County, NM87013 Sandoval County, NM87018 Sandoval County, NM87024 Sandoval County, NM87025 Sandoval County, NM87027 La Jara, NM87041 Sandoval County, NM87043 Placitas, NM87044 Ponderosa, NM87047 Sandoval County, NM87052 Sandoval County, NM87053 Sandoval County, NM87072 Sandoval County, NM87083 Sandoval County, NM87124 Rio Rancho Estates, NM87144 Rio Rancho, NM87544 Sandoval County, NM

See every ZIP code in New Mexico, or compare ZIP 87048 with another ZIP code.

Census figures describe residents as a group and cannot tell you about any one home or street. For a specific address, check local government and housing records.

About ZIP codes and ZCTAs: the Census Bureau publishes statistics for ZIP Code Tabulation Areas, which approximate USPS ZIP code delivery areas. Learn how they differ.

Sources

  • U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, detailed tables B01003, B01002, B11001, B19013, B19301, B17001, B23025, B15003, B25077, B25064, B25003, B08013, B08303, B08301, B03002 — snapshot Oct 26, 2026.
  • U.S. Census Bureau, 2020 ZCTA5 relationship files (county and place).
  • Data: U.S. Census Bureau, American Community Survey 5-year estimates (detailed tables) and 2020 Census ZCTA relationship files. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. These agencies do not endorse OpenZIP.