HomeNew MexicoSandoval CountyCorrales
Corrales, New Mexico: commercial real estate data.
Corrales 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Corrales (7(a))
- Approvals13
- Gross approval$9,342,200
- Average approval$718,631
- Median approval$230,000
- 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
Counted by borrower city: approvals to borrowers whose address is in Corrales, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Corrales
SBA loans in Corrales (504)
- Approvals2
- Gross approval$2,228,000
- Average approval$1,114,000
- Median approval$1,114,000
- Largest approval$1,601,000
- Jobs supported23
- Loans with a final outcome1
- Charged off0
- Median term270 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Corrales, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Corrales
Flood risk in Corrales
- NFIP communityVillage of Corrales
- NFIP community number350094
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/18/08
The Village of Corrales participates in the National Flood Insurance Program as community 350094 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Sandoval County, not Corrales
Sandoval County context, not Corrales figures
- Establishments in Sandoval County1,928
- Covered employment, Sandoval County35,653
- Average annual pay, Sandoval County$60,474
- Housing units permitted, Sandoval County1,278
Every figure in this section is published for Sandoval County as a whole and is not a measurement of Corrales.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $9.3 m since FY2020, across 9 lenders, median approval $230,000, plus 2 504 approvals worth $2.2 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Corrales in the National Flood Insurance Program?
Yes. Corrales appears in the FEMA Community Status Book as Corrales, village of, community 350094, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Corrales figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.