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Zip Code 87048 Map And Demographics

Home»New Mexico State»Sandoval County»Corrales»Zip Code 87048
  • Population
    9,045
  • Density
    841 / sqml.
  • Med. Home Value
    $410,600
  • Med. Rent
    $1,727

Zip Code Rankings

The table shows the top 5 positions of zip code 87048 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#472 Top Zip Codes With The Highest Median Apartment Rent $1,727
#718 Top Zip Codes With The Highest Number Of Families-to-population Percentage 31.40%
#727 Top Zip Codes With The Highest Percentage Of People Who Work From Home 5.67%
#1,610 Top Zip Codes With The Highest Percentage Of Rich Households 11.67%
#1,671 Top Zip Codes With The Highest Median Home Value 410600

Population breakdown by gender

Population in zip code 87048 is 9,045 residents | Male to Female ratio is 1:1.04 | Zip Code 87048 land area is 10.7557 sq. miles | Population density is 840.95 residents per square mile

Median age

  Median Age
Zip Code Median Age 52.6
Median Age - Male 52.2
Median Age - Female 52.9

Median age of zip code 87048 is 27.7% higher compared to nearby zip codes and 41.4% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 87048 is 33.8% higher compared to nearby zip codes and 45.8% higher compared to the United States male median age. Female zip code 87048 median age is 21.9% higher in comparison to nearby zip codes and 37.4% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 8008
Black or African American population 16
Asian population 89
American Indian and Alaska Native population 120
Native Hawaiian and other Pacific Islander population 0
Other population 573

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0% Czech 0.5%
Danish 0.7% Dutch 0.9%
English 15% French No Basque 3.9%
French Canadian 1% German 16.6%
Greek 0.7% Hungarian 0.2%
Irish 11.1% Italian 5.8%
Lithuanian 0.5% Norwegian 2%
Polish 1.5% Portuguese 0.1%
Russian 1% Scotch-Irish 2.9%
Scottish 3.1% Slovak 0.1%
Subsaharan African 0% Swedish 3.3%
Swiss 0.1% Ukrainian 0%
USA 4.2% Welsh 1%
West Indian No Hispanic Groups 0% Other Ancestries 34.1%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 2840
Married couples 83.49%
Other couples 16.51%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 11.83% 14.93%
$30,000 and $50,000 12.57% 15.55%
$50,000 and $100,000 29.96% 28.1%
$100,000 and $200,000 31.58% 29.75%
$200,000 or more 14.05% 11.67%

Households by size

Household language

Language Spoken Percent
English language 80.22%
Spanish language 17.27%
Other European language 2.29%
Asian language 0%
Other language 0.22%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 3530
Detached housing units 90.74%
Attached housing units 2.69%
2 units 0%
3 - 4 units 1.27%
5 - 9 units 0%
10 - 19 units 0%
20 - 49 units 0%
50 or more units 0%
Mobile homes 5.18%
Boats, RVs, Vans 0.11%

Means of transportation to work

Means Percent
Use car, track or Van 83.48%
Use public transportation 1.07%
Use Motorcycle 0.58%
Use bicycle 0%
Walk to work 2.36%
Work at home 12.5%

School attendance

Attendance Percent
Attent Preschool programs 1.59%
Attend Public School 13.26%
Attend college undergraduate program 3%
Attent graduate studies 1.42%
Not enrolled in school 80.73%

Highest school attainment

Attainment Percent
Less then 9th grade 0.51%
Grade 9 to 12, no diploma 3.09%
High school diploma 26.85%
Some college, no degree 25.26%
Associate degree 7.12%
Bachelor's degree 31.75%
Graduate or professional degree 5.42%

Business Counts by Industry

Industry Type Count
Total of all sectors 230
Construction 59
Professional, Scientific, and Technical Services 46
Health Care and Social Assistance 21
Retail Trade 15
Real Estate and Rental and Leasing 14
Other Services (except Public Administration) 14
Accommodation and Food Services 12
Manufacturing 10
Wholesale Trade 8
Information 8
Administrative and Support and Waste Management and Remediation Services 8
Finance and Insurance 5
Educational Services 3
Arts, Entertainment, and Recreation 3
Mining, Quarrying, and Oil and Gas Extraction 1
Management of Companies and Enterprises 1
Industries not classified 1
Utilities 1

Real Estate

Metric Value
Housing occupied 93.88%
Housing vacant 6.12%
Housing occupied by owner 93.37%
Housing occupied by tenant 6.63%
Total Rented Units 234
Median Contract Gross Rent $1,371
Median Gross Rent $1,727
Median Home Value $410,600

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 87048 median gross rent is 25.97% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $560
1 Bedroom $660
2 Bedrooms $830
3 Bedrooms $1,210
4 Bedrooms $1,450
AVERAGE RENT $942

Average rent in zip code 87048 ($942.00) is 2.1% higher compared to nearby zip codes and 0.7% higher compared to the average rent in the US. The following illustrates how zip code 87048 rent compares to the nearby zip code rents by unit type: studio apartment rent is 2.2% higher, one bedroom apartment rent is 2.5% higher, two bedroom rent is 1.8% higher, three bedroom rent is 2% higher, four bedroom rent is 2% higher.

Housing units

Housing Unit Percent
Total housing units 3760
Detached housing units 88.62%
Attached housing units 3.56%
2 units 0%
3 - 4 units 1.2%
5 - 9 units 0%
10 - 19 units 0%
20 - 49 units 0%
50 or more units 0%
Mobile homes 6.52%
Boats, RVs, Vans 0.11%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $8,478,200
Real estate taxes paid for units with a mortgage $6,575,900
Real estate taxes paid for units with no mortgage $1,902,300

Nearby Zip Code Income Per Capita Comparison

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