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Corrales New Mexico Real Estate By Jennifer Hershey

Corrales New Mexico Real Estate

Corrales, New Mexico, is located in Sandoval County, 3 miles SE of Rio Rancho, New Mexico and 238 miles N of El Paso, Texas. Corrales has a population of 7,334.

Corrales Homes

Corrales properties pool is 2,897 residential properties including Corrales new homes. Median age of real estate in Corrales is 1986. Average Household size is 2.97 people. 1% are one bedroom homes, 16% are 2 bedroom homes, 56% are 3 bedroom homes, 22% are 4 bedroom homes, and 4% are 5+ bedroom homes.

Corrales Mortgage Statistics

Corrales mortgages vs. USA median statistics

Homes Corrales USA
Homes With No Mortgage 27%
30%
Homes With Mortgage 73%
70%
First Mortgage Only 52%
54%
First & Second Mortgage or HELOC 20%
16%

Corrales Area Real Estate Tax

Corrales Real estate Tax: Median Real Estate Taxes (2000) were $1,426 comparing to 1999 Median Family income $ 79,331. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Corrales School District: Children make up 24.6% of Corrales population. Corrales has 1,806 under 18 years old residents, or 0.49 kids per one worker, or 0.62 kids per one household.

Corrales Real Estate & Corrales Homeownership

There are 521.46 or 18% one person households, 1158.8 or 40% two person households, and 463.52 or 16% three person households in Corrales, New Mexico. Median residents age is 42.4, Senior citizens (65+) make up 769 or 10.5%% of Corrales population.

There are 3,683 workers (over 16 years of age) in Corrales. Of these, 87.32% drive to work. Approximately 0.38% of workers in Corrales take public transportation. An estimated 2.55% walk to work.

Median Corrales homeowner's housing expences are 18.2%

Crime in Corrales (2003), crimes per 10,000 residents per year

Type of Crime Corrales USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Corrales Properties

When making a decision about buying real estate in Corrales New Mexico area, you should consider following statistical data:

Category Corrales USA
Near Medium City
Rio Rancho, New Mexico
-
Near Large City
El Paso, Texas
-
Corrales Zip Codes
87048
-
Corrales Area Codes
505
-
White population
86.05%
75.1%
African-American population
0.57%
12.3%
Asian
0.79%
3.6%
American Indian & Alaskan
1.51%
0.9%
Hispanic (of any race)
25.55%
12.5%
Median Family Income (1999)
$ 79,331%
$42,000
Population Below Poverty Level
5.03%
12.4%

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