Interested in purchasing investment houses in the 87048 zip code in Corrales, NM?
The zip code 87048 is in both Sandoval and Bernalillo counties with a latitude of -106.620040000000 and longitude of 35.236020000000, is in the state of New Mexico. The average asking price of houses and condos is $453,791.00 and the average sale price was $177,077.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 14' 9.672" N, 106° 37' 12.144" W. The county F.I.P.S. is 35043. This zip code contains three cities including Corrales, NM (97.80%), Rio Rancho, NM (0.70%), and Albuquerque, NM (0.08%) The total land area is 10.8 square miles and the water area is 0.3 square miles. The elevation in this area is 5056 - 5151 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87048 is in county number 043 and is L. Sector 00, L. Segment 01, H. Sector 08, and H. Segment 08. The population was 9,170 in 2019 and 8,682 in 2010. This further breaks down to 4,830 males (52.7%) and 4,339 females (47.3%). The median age of residents is 55.7 years. The population of the greater Albuquerque, NM area is 886,814. The population density (people per square mile) is 852. This zip code has a combined total of 4,304 houses and condos. There are 331 rented appartments. 8% of residents rent versus the 8% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $99,942 and the average salary is $76,186. The median household income of individuals is $80,041.00 and the average is $119,470.00. This zip code has a mean commute time to work of 26.3 minutes. The unemployment rate is 2.4%. Income earners by percent breakdown as 31.00% (Under $50,000), 28.80% ($50,000-$100,000), and 40.10% earn over $100,000. 5.1% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 96.4. The educational breakdown is 97.7% have a high school education or higher, 61.9% have a bachelor's degree or higher, and 30.7% have some kind of profesional degree.
This area has 3,671 households and the average size is 2.3 people. Individuals who are single and have never been married are 18.1%, 61.7% are now married, 0.6% are separated, 4.4% are widowed, and 15.2% are divorced. The average yearly contribution amount given by people to charity was $5,003 versus the state average of $4,195. The percent of residents who gave to charity was 43.0%.
The estimated median value of houses and condos is $489,735. The median monthly owner costs of mortgage holders was $2,117, where as the costs for those who don't have a mortgage are $485. The median number of rooms in houses and condos are 7.0 versus apartments which had a median number of 6.4.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $2,999. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $1,403. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $3,345. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $2,560. Reported taxable interest for persons was $2,572, dividends $9,024, capital gains +$22,662, and itemized deductions $29,479. The average earned income tax credit is $1,685. The percent of individuals that use a tax preparer is 53.5%. The total average income taxes paid by individuals was $9,700. Businesses reported an average profit of $19,730.
Indigo Crow Cafe
4515 Corrales Rd, Corrales, NM 87048
Hannah & Nate's
4512 Corrales Rd, Corrales, NM 87048
Perea's Tijuana Bar
4590 Corrales Rd, Corrales, NM 87048
Corrales Bistro Brewery
4908 Corrales Rd, Corrales, NM 87048
Sandia Bar
4445 Corrales Rd, Corrales, NM 87048
Tijuana Bar
Snrr 366, Corrales, NM 87048
Candlestick Coffee Roasters
4940 Corrales Rd, Corrales, NM 87048
Essencia Restaurant
4908 Corrales Rd, Corrales, NM 87048
Fresh, A Mobile Bistro
7319 Corrales Rd, Corrales, NM 87048
FRESH Mobile Bistro
411 Mockingbird Ln, Corrales, NM 87048
Perk Ranger Coffee House
4436 Corrales Rd, Corrales, NM 87048
Pasando Tiempo Winery
277 Dandelion Ln, Corrales, NM 87048
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