Corrales 56 Below average
Corrales Livability #174 ranked city in New Mexico#22,068 ranked city in the USARanks better than 24% of areas

Pros and Cons of Living in Corrales

PROS
  • Crime

    With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.

  • Employment

    The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.

CONS
  • Amenities

    A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.

  • Commute

    Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.

  • Cost Of Living

    Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.

  • Health & Safety

    Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.

  • Ratings

    AreaVibes conducted surveys and polls with locals who live in the area. The results were not favorable for walkability of amenities, parks, public transit and the overall sense of community in the area.

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What's it like Living in Corrales?

Located in the state of New Mexico, Corrales is a smaller city with a population of 8,636 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (86% White). Given that fact, Corrales could be considered less diverse than other cities. Corrales is considered to be a city with an aging population. The average age of all residents is 56, which is well beyond the United States median age average. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Corrales, your commute time will align closely with the national average, spanning a one-way duration of approximately 25 minutes.

Are you trying to figure out if living in Corrales is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in New Mexico, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like amenities, cost of living, commute, education, housing and other key data points, finding the best places to live in Corrales and in the areas around Corrales is a much easier task.

The livability score in Corrales is 55 out of 100 and the city is ranked in the 24th percentile of all cities across America. This is a poor rating when compared to the average of other places in the country. If we consider each of the categories individually, we see that Corrales ranks well for crime (A+) and employment (A+). On a less positive note, Corrales does not have favorable ranks for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.

Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Corrales, it boasts a notably low violent crime rate of 150 crimes per 100,000 residents, which significantly outperforms the national average.

The unemployment rate in Corrales has consistently declined over the years and currently stands well below the national average at 1.72%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Assuming that Corrales meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Corrales. Everything else becomes a lot less important if it turns out that home prices in Corrales are simply unattainable. Median real estate prices in Corrales come in at $437,500, which is 170.7% higher than the New Mexico average. The home price to income ratio compares the median home prices to the median household income. In Corrales, the home price to income ratio is 5.2, which is 48.6% higher than the New Mexico average.

Best Places to Live in and Around Corrales

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Compare Corrales, NM Livability

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      Corrales transportation information

      Statistic Corrales New Mexico National
      Average one way commute25min22min26min
      Workers who drive to work61.8%79.8%76.4%
      Workers who carpool17.8%10.1%9.3%
      Workers who take public transit0.7%1.2%5.1%
      Workers who bicycle0.2%0.7%0.6%
      Workers who walk3.6%2.2%2.8%
      Working from home15.4%4.7%4.6%
      Source: The Corrales, NM data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).