Residential delivery area · New Mexico
ZIP Code 87048: Corrales, NM
ZIP code 87048 is in Corrales, New Mexico, mostly in Sandoval County (98% of its land) with the rest in Bernalillo County (Census 2020 ZIP-county file). About 9,100 people live there (Census Bureau, ACS 2020-2024). Median household income is $102,004 (Census Bureau, ACS 2020-2024).
- ACS2020-24
- Census2020
- FHFA2025
- ZBP2023
- IRS2022
- Town
- Corrales · its only residential ZIP
- County
- Sandoval County (98%); Bernalillo County (2%)
- Census places
- Corrales
- Metro area
- Albuquerque, NM
- House district
- NM-1 119th Congress
- State
- New Mexico
- Time zone
- Mountain
- Land area
- 11.0 sq mi · 825 people per sq mi
Where is ZIP code 87048?
87048 centers on 35.240°, -106.627° and covers 11.0 square miles of land plus 0.2 of water. It borders 4 ZIP codes: 87114, 87144, 87004, 87124.
The map draws ZIP code areas only. For the streets inside 87048, open its center on OpenStreetMap.
Source: U.S. Census Bureau, 2020 ZCTA cartographic boundaries and the 2023 Gazetteer (2020 ZCTAs); ZIP-to-county shares, Census places and House districts (119th Congress) from the Census 2020 relationship files (shares of land); metro area from the OMB delineation (July 2023); town name and time zone from simplemaps US ZIP Codes (CC BY 4.0).
How does 87048 compare with the rest of Sandoval County?
| Measure | 87048 | In Sandoval County | In NM |
|---|---|---|---|
| People (ACS 2020-2024) | 9,069 | 6th of 21 | 61st of 371 |
| Median household income | $102k | 6th of 11 | 7th of 108 |
| Median home value | $574k | 2nd of 10 | 4th of 120 |
Its median household income is higher than in 82% of U.S. residential ZIP codes, and it is denser than 77% of all U.S. residential ZIP codes. ZIP codes at the ACS caps ($250,000 or more for household income, $2,000,000 or more for home value) share the top rank.
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B19013, B25077); ranks by PlainZIP over residential ZIP codes (ZCTAs).
How many people live in 87048?
The 2020 Census counted 8,888 people in 87048; the ACS, which samples households over 2020-2024, estimates 9,069. Between the 2010 and 2020 censuses its population grew 2.4% (its boundary stayed at least 90% the same).
- People, ACS 2020-2024
- 9,069
- 2020 Census count
- 8,888+2.4% since 2010 (8,682)
- Households
- 3,666
- Median age
- 55.4
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B01002, B11001); 2020 Census (DHC P1); 2010 Census (SF1 P1).
Who lives in 87048?
Of the 9,069 people the ACS estimates in 87048, 15.7% are under 18 and 36.0% are 65 or older. The largest group by race and Hispanic origin is White (not Hispanic) (62.0%), then Hispanic or Latino (31.5%).
- Under 1815.7%
- 18 to 6448.3%
- 65 and older36.0%
- White, not Hispanic62.0%
- Hispanic or Latino31.5%
- Other or two or more4.8%
- Black, not Hispanic0.9%
- Asian, not Hispanic0.8%
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01001 age by sex, B03002 Hispanic or Latino origin by race); shares of the estimated population, small ZIP codes carry wide margins.
What do households in 87048 earn?
Median household income is $102,004 (ACS 2020-2024), the 6th highest of the 11 ranked ZIP codes in Sandoval County. It is not measurably different from 2015-2019 ($105,244 in 2024 dollars): the change is within the surveys' margins of error.
- Median household income
- $102,004±$14,716
- Income per person
- $61,833
- Below the poverty line
- 7.2%
- Unemployed (of the labor force)
- 6.3%
- Adults 25+ with a bachelor's degree
- 50.2%
- Adjusted gross income per tax return, 2022
- $150,5064,810 returns; wages 43% of AGI (IRS)
Source: U.S. Census Bureau, ACS 2020-2024 and 2015-2019 5-year estimates (B19013, B19301, B17001, B23025, B15003; 2015-2019 dollars converted with the BLS CPI-U, 1.22699); IRS Statistics of Income, ZIP code data, tax year 2022 (adjusted gross income per return, filed under the address on the return).
What are homes worth in 87048?
FHFA's house price index for 87048, built from repeat sales and appraisals of the same homes, rose 73% from 2015 to 2025 and rose 48% from 2020 to 2025, and moved +4.3% in 2025.
- Median home value (owners' estimate)
- $574,000
- Median gross rent
- $1,143
- Homes owned by their occupants
- 91.1%
- Housing units
- 4,065
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B25077, B25064, B25003, B25001); FHFA House Price Index, annual five-digit ZIP, updated 2026-03-31.
What businesses are in 87048?
203 business establishments had a location in this ZIP code in 2023, 19 more than in 2018; the most are in professional, scientific, and technical services (ZIP Code Business Patterns).
- Professional, scientific, and technical services39
- Construction33
- Health care and social assistance32
- Real estate and rental and leasing19
- Retail trade16
- Other services (except public administration)14
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023 and 2018 (establishments with paid employees, by the business's ZIP code).
Which ZIP codes are next to 87048?
| ZIP | Town | People | Household income | Distance |
|---|---|---|---|---|
| 87114 | Albuquerque | 70,117 | $84k | 4.2 mi |
| 87144 | Rio Rancho | 51,837 | $95k | 7.8 mi |
| 87004 | Bernalillo | 11,237 | $66k | 9.1 mi |
| 87124 | Rio Rancho | 58,499 | $87k | 9.7 mi |
| 87113 | Albuquerque | 16,074 | $96k | 4.3 mi (near) |
| 87109 | Albuquerque | 39,324 | $59k | 6.7 mi (near) |
| 87107 | Albuquerque | 27,566 | $62k | 7.1 mi (near) |
| 87122 | Albuquerque | 18,578 | $169k | 8.3 mi (near) |
| 87111 | Albuquerque | 57,085 | $90k | 9.3 mi (near) |
Source: PlainZIP from the Census 2020 ZCTA boundaries (shared edges) and internal points; figures ACS 2020-2024.