Corrales is a somewhat small village located in the state of New Mexico. With a population of 8,497 people and two associated neighborhoods, Corrales is the 27th largest community in New Mexico.

Corrales home prices are not only among the most expensive in New Mexico, but Corrales real estate also consistently ranks among the most expensive in America.

Of important note, Corrales is also a village of artists. Corrales has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Corrales’s character.

Also of interest is that Corrales has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 20.36% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Corrales is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Corrales’s overall crime rate is lower than average for the country.

If knowledge is power, Corrales is a pretty powerful place. 50.97% of the adults in Corrales have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Corrales in 2022 was $61,160, which is wealthy relative to New Mexico and the nation. This equates to an annual income of $244,640 for a family of four. However, Corrales contains both very wealthy and poor people as well.

Corrales is an extremely ethnically-diverse village. The people who call Corrales home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Corrales residents report their race to be White, followed by Native American. Corrales also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 25.64% of the village’s residents. Important ancestries of people in Corrales include English, Irish, German, Italian, and Norwegian.

The most common language spoken in Corrales is English. Other important languages spoken here include Spanish and Polish.