HomeNew MexicoSandoval CountyCorrales village
Corrales village, New Mexico: commercial real estate data.
Corrales village is a Census village of 8,555 people across 10.79 square miles of land, in Sandoval County. Median household income is $102,307, 91.2 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $9.3 m.
76 sourced place values · tier FULL · 8 sections
Corrales
What Corrales is
- Census place typevillage
- Land area10.79 sq mi
- Water area0.16 sq mi
- Population per square mile of land793
- County holding the largest share of its areaSandoval County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corrales
How many people live in Corrales
- Population8,555
- Median age57.8
- Population under 181,301
- Share under 1815.2 percent
- Population 65 and over3,209
- Share 65 and over37.5 percent
- Households3,551
- Family households2,572
- Share of households that are families72.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corrales
Income and work in Corrales
- Median household income$102,307
- Per capita income$63,801
- Civilian labor force3,774
- Employed3,537
- Unemployed237 plus or minus 107
- Unemployment rate6.3 percent plus or minus 2.8
- Adults 25 and over6,892
- Adults 25 and over with a high school diploma or higher95.6 percent
- Adults 25 and over with a bachelor degree or higher51.5 percent
- Adults 25 and over with a graduate degree24.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corrales
Housing in Corrales
- Housing units3,940
- Occupied units3,551
- Vacant units389 plus or minus 163
- Vacancy rate9.9 percent plus or minus 4.1
- Owner occupied3,239
- Renter occupied312 plus or minus 127
- Ownership rate91.2 percent
- Median owner-occupied home value$571,500
- Median gross rent, monthly$1,143
- Annual rent as a share of median income13.4 percent plus or minus 3.4
- Single family units3,777
- Share single family95.9 percent
- Units in buildings of two or more26 plus or minus 34
- Share in buildings of two or more0.7 percent plus or minus 0.9
- Mobile homes137 plus or minus 88
- Median year structure built1986
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corrales
How Corrales gets to work
- Workers 16 and over who commute2,395
- Commuting under 15 minutes569 plus or minus 158
- Share commuting under 15 minutes23.8 percent plus or minus 6.0
- Commuting 30 minutes or more945 plus or minus 219
- Share commuting 30 minutes or more39.5 percent plus or minus 7.9
- Drove alone57.9 percent
- Carpooled6.1 percent plus or minus 2.9
- Public transport0.3 percent plus or minus 0.5
- Walked0.9 percent plus or minus 0.7
- Worked from home31.9 percent plus or minus 7.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corrales
SBA 7(a) lending to Corrales borrowers
- Approvals13
- Gross approval$9,342,200
- Average approval$718,631
- Median approval$230,000
- Ninetieth percentile approval$2,209,200
- Largest approval$3,400,000
- Jobs supported179
- Jobs per approval13.8
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more15.4 percent
- Share to franchises15.4 percent
- Distinct lenders9
- Distinct industries by NAICS9
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Corrales
SBA 504 lending to Corrales borrowers
- Approvals2
- Gross approval$2,228,000
- Average approval$1,114,000
- Median approval$1,601,000
- Largest approval$1,601,000
- Jobs supported23
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Sandoval County, not Corrales
Sandoval County context, not Corrales figures
These are Sandoval County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Corrales measurements.
- Establishments in Sandoval County1,928
- Employment at those establishments, Sandoval County27,552
- Covered employment, Sandoval County35,653
- Average annual pay, Sandoval County$60,474
- Average weekly wage, Sandoval County$1,163
- Housing units permitted, Sandoval County1,278
- Of those, single family, Sandoval County1,040
- County product, 2024, Sandoval County$6,129,161,000
- County product change over the prior year, Sandoval County13.9 percent
- Average income of an arriving household, Sandoval County$74,628
Every figure in this section is published for Sandoval County as a whole and is not a measurement of Corrales. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Corrales questions, answered from the record.
How many people live in Corrales, New Mexico?
8,555, in 3,551 households. Corrales village covers 10.79 square miles of land, which is 793 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Corrales in?
Sandoval County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Corrales?
$102,307. The median owner-occupied home is valued at $571,500. Median gross rent is $1,143 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Corrales businesses?
13 7(a) approvals totalling $9.3 m, across 9 lenders, median approval $230,000, plus 2 504 approvals worth $2.2 m. These count approvals to borrowers whose address is in Corrales, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Corrales borrowers get paid back?
No rate is published for Corrales. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Corrales figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Sandoval County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Corrales.
Is zoning published for Corrales?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.