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ZIP Code 87048

Primary City:Corrales, NM (View All Cities)
County: Sandoval County
Timezone: Mountain (7:24am)
Area code: 505 (Area Code Map)
Coordinates:35.24, -106.62
ZIP (~4 mile radius)

Cities in ZIP code 87048

The cities below are at least partially located in ZIP code 87048. In addition to the primary city for a ZIP code, USPS also publishes a list of other acceptable cities that can be used with ZIP code 87048. However, if you are mailing something to ZIP code 87048, you should not use any of the cities listed as unacceptable. Choose from the primary or acceptable cities when mailing your package or letter.

Primary city:
Corrales, NM

Stats and Demographics for the 87048 ZIP Code

ZIP code 87048 is located in north New Mexico and covers a slightly less than average land area compared to other ZIP codes in the United States. It also has a slightly less than average population density.

The people living in ZIP code 87048 are primarily white. The number of middle aged adults is extremely large while the number of seniors is large. There are also a large number of families and a small number of single parents. The percentage of children under 18 living in the 87048 ZIP code is small compared to other areas of the country.

Population 8,682
Population Density 807 people per sq mi
Housing Units 3,959
Median Home Value $414,200
Land Area 10.76 sq mi
Water Area 0.29 sq mi
Occupied Housing Units 3,671
Median Household Income $80,739

Estimated Population over Time

Total Population by Age

Median Age: 51Male Median Age: 51Female Median Age: 51

Under 55-910-1415-1920-2425-2930-3435-3940-4445-4950-5455-5960-6465-6970-7475-7980-8485 Plus
Male12719128528314881931722453894194584683551981457450
Female143225248242124901091862814605015464943552111258972
Total2704165335252721712023585268499201,004962710409270163122

Gender

 Male 4,181 48%
 Female 4,501 52%
Gender

Race

 White 7,468 86%
 Black Or African American 90 1%
 American Indian Or Alaskan Native 149 2%
 Asian 116 1%
 Native Hawaiian & Other Pacific Islander 0 0%
 Other Race 588 7%
 Two Or More Races 271 3%
Race

Head of Household by Age

15-2425-3435-4445-5455-6465-7475-8485 Plus
Owner11593288281,02062526062
Renter26738410911543217
Total371324129371,13566828169

Families vs Singles

 Husband Wife Family Households 2,255 61%
 Single Guardian 395 11%
 Singles 802 22%
 Singles With Roommate 219 6%
Families vs Singles

Households with Kids

Average Household Size: 2
 Households without Kids 2,752 75%
 Households with Kids 919 25%
Households with Kids

Children by Age

1234567891011121314151617181920
Male1917363429383738495758655649595777533743
Female2328332848354243574542566144605250364424
Total424569627773798110610210012111793119109127898167

Real Estate and Housing

ZIP code 87048 has a small percentage of vacancies.

The majority of household are owned or have a mortgage. Homes in ZIP code 87048 were primarily built in the 1990s or the 1970s. Looking at 87048 real estate data, the median home value of $414,200 is extremely high compared to the rest of the country. It is also extremely high compared to nearby ZIP codes. So you are less likely to find inexpensive homes in 87048. Rentals in 87048 are most commonly 3+ bedrooms. The rent for 3+ bedrooms is normally $1,000+/month including utilities. Prices for rental property include ZIP code 87048 apartments, townhouses, and homes that are primary residences.

Housing Type

 In Occupied Housing Units 8,678 100.0%
 Correctional Facility For Adults 0 0.0%
 Juvenile Facilities 0 0.0%
 Nursing Facilities 0 0.0%
 Other Institutional 0 0.0%
 College Student Housing 0 0.0%
 Military Quarters 0 0.0%
 Other Noninstitutional 4 0.0%
Housing Type

Year Housing was Built

Housing Occupancy

 Owned Households With A Mortgage 2,248 57%
 Owned Households Free & Clear 945 24%
 Renter Occupied Households 478 12%
 Households Vacant 288 7%
Housing Occupancy

Vacancy Reasons

 For Rent 26 9%
 Rented & Unoccupied 5 2%
 For Sale Only 68 24%
 Sold & Unoccupied 8 3%
 For Season Recreational Or Occasional Use 79 27%
 For Migrant Workers 0 0%
 Vacant For Other Reasons 102 35%
Vacancy Reasons

Owner Occupied Home Values

Rental Properties by Number of Rooms

 Studio Apartment 28 11%
 1 Bedroom 51 20%
 2 Bedroom 31 12%
 3+ Bedroom 141 56%
Rental Properties by Number of Rooms

Cost of Monthly Rent Including Utilities

Cost of a Studio Apartment

Cost of a 1 Bedroom

Cost of a 2 Bedroom

Cost of a 3+ Bedroom

Employment, Income, Earnings, and Work

The median household income of $80,739 is compared to the rest of the country. It is also compared to nearby ZIP codes. So 87048 is likely to be one of the nicer parts of town with a more affluent demographic.

As with most parts of the country, vehicles are the most common form of transportation to places of employment. Instead of a commute, a higher percentage of people in 87048 are able to work from home than most places in the nation. In most parts of the country, the majority of commuters get to work in under half an hour. However, that is not the case in 87048. It has a much lower than average number of people that make it to work in under half an hour. Having to travel to work for over 45 minutes isn't uncommon for people who live here.

Employment Status

 Worked Full-time with Earnings 2,759 36%
 Worked Part-time with Earnings 1,764 23%
 No Earnings 3,163 41%
Employment Status

Average Household Income over Time

Household Income

Annual Individual Earnings

Sources of Household Income

Percent of Households Receiving Income

Average Income per Household by Income Source

* Only taxable income is reported.

Household Investment Income

Percent of Households Receiving Investment Income

Average Income per Household by Income Source

* Only taxable income is reported.

Household Retirement Income

Percent of Households Receiving Retirement Income

Average Income per Household by Income Source

* Only taxable income is reported.

Source of Earnings

 Worked Full-time with Earnings 2,759 36%
 Worked Part-time with Earnings 1,764 23%
 No Earnings 3,163 41%
Source of Earnings

Means Of Transportation To Work for Workers 16 and Over

 Car, truck, or van 3,304 82.8%
 Public transportation 57 1.4%
 Taxicab 0 0.0%
 Motorcycle 15 0.4%
 Bicycle, Walked, or Other Means 147 3.7%
 Worked at Home 469 11.7%
Means Of Transportation To Work for Workers 16 and Over

Travel Time to Work (In Minutes)

Schools and Education

Compared to other ZIPs, 87048 has a very small percentage of people that did not graduate high school. The area has some of the highest percentages of people who attended college of any ZIP.

Educational Attainment For The Population 25 Years And Over

 Less than High School Diploma 114 4%
 High School Graduate 1,424 45%
 Associate's degree 76 2%
 Bachelor's degree 743 24%
 Master's degree 416 13%
 Professional school degree 223 7%
 Doctorate degree 149 5%
Educational Attainment For The Population 25 Years And Over

School Enrollment (Ages 3 to 17)

 Enrolled in Public School 1,071 72.8%
 Enrolled in Private School 237 16.1%
 Not Enrolled in School 164 11.1%
School Enrollment (Ages 3 to 17)

Schools in ZIP Code 87048

ZIP Code 87048 is in the Albuquerque Public Schools. There are 4 different elementary schools and high schools with mailing addresses in ZIP code 87048.

Corrales Elementary
200 Target Rd
Corrales, NM 87048
Grade Level: Primary/Elementary
District: Albuquerque Public Schools
Sandia View Academy
65 Sandia View Ln
Corrales, NM 87048
Grade Level: High/Secondary
District: Private
Cottonwood Montessori School
3896 Corrales Rd
Corrales, NM 87048
Grade Level: Primary/Elementary
District: Private
Sandia View Elementary School
24 Academy Dr
Corrales, NM 87048
Grade Level: Primary/Elementary
District: Private

Nearby ZIP Codes