Corrales village, NM

ZIP 87048 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Corrales village, NM (87048)

Median Income

$112,716

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+290

Wealth inflow

Population

9,173

Unemployment

6.6%

2.9pp above US avg

IRS migration statistics show a net inflow of about 290 for ZIP 87048 (Corrales village, NM) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

6.6%+78% vs US avg

Self-Employed

4.0%-35% vs US avg

SNAP Benefits

4.5%-62% vs US avg

203

Establishments

1,251

Employees

~6 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining3.6%
Construction9.4%
Manufacturing5.7%
Wholesale trade2.3%
Retail trade5.9%
Transportation, utilities4.3%
Information1.5%
Finance, insurance, real estate7.4%
Professional, scientific, management14.5%
Education, health care, social19.5%
Arts, entertainment, food services11.0%
Other services8.9%
Public administration6.1%

Household Income

Historical Trends in 87048 (2020–Present)

Since 2020, population grew 2.1%, median income rose 13.4% (inflation-adjusted), home values increased 7.8%.

Median Income

$112,716

+50% vs US avg

Unemployment Rate