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CITY

Happy Valley

New Mexico · 845 residents · 2.145 sq mi
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The short version

Happy Valley has lower-than-average household income, with a median household income of $62,215. Population has grown 37% since 2023. 5% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $200,000. With a median age of 52.1, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 52.1
US median: 38.9
Less educated
5% hold a bachelor's degree
US average: 36%
Less affordable
home values up 35%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
845
+37%since 2023
from 616 in 2023
2010 – 2024
Population density
394 / sq mi
+37%since 2023
from 287 / sq mi in 2023
US average: 281
Median age
52.1
−4%since 2023
from 54.0 in 2023
US average: 38.9
Population, 2010 – 2024
478601725848971201020202024Happy Valley
2024845
201020202024
Section 02

Income & economy

Median household income
$62,215
US average: $82,259
2010 – 2024
Per capita income
$31,363
+29%since 2023
from $24,220 in 2023
US average: $44,673
Households earning $100K+
43.2%
−7.7 ptssince 2023
from 50.9% in 2023
US average: 53.3%
Poverty rate
28.8%
+0.5 ptssince 2023
from 28.2% in 2023
US average: 12.5%
Income inequality (Gini)
0.457
+6%since 2023
from 0.432 in 2023
US average: 0.476
Workforce by industry, 2024
Information9.9%
US avg: 10.8%
Finance & insurance8.3%
US avg: 5.9%
Agriculture, forestry, fishing8%
US avg: 1.6%
Manufacturing8%
US avg: 0.4%
Wholesale trade6.9%
US avg: 6.9%
Transportation & warehousing6.3%
US avg: 2.2%
Arts, entertainment, food6.1%
US avg: 1.9%
Professional, scientific, technical5.2%
US avg: 5.1%
Education & health services3%
US avg: 0.9%
Construction0%
US avg: 1.2%
Retail trade0%
US avg: 9.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$200,000
+35%inflation adjusted, since 2023
from $144,400 in 2023
US average: $376,019
2010 – 2024
Median gross rent
$1,115
−6%inflation adjusted, since 2023
from $1,153 in 2023
US average: $1,442
Owner-occupied
73.2%
−13.3 ptssince 2023
from 86.5% in 2023
26.8% rent
Vacancy rate
0.0%
−8.2 ptssince 2023
from 8.2% in 2023
US average: 10.0%
Owner cost-burdened
7.5%
+1.1 ptssince 2023
from 6.4% in 2023
US average: 22.9%
Renter cost-burdened
16.2%
−13.3 ptssince 2023
from 29.5% in 2023
US average: 47.4%
Afford Score
3.2
2010 – 2024
Gentrification Score
73
RELATED:See current rent listings in Happy Valley on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic73.4%(452)
Black0%(0)
Hispanic / Latino22.2%(137)
Asian0%(0)
Other4.4%(27)
Diversity Score51.3%(316)
2024
White, non-Hispanic64.1%(542)
Black0%(0)
Hispanic / Latino32.4%(274)
Asian0%(0)
Other3.4%(29)
Diversity Score60.3%(509)
Diversity Score
60
+18%since 2023
from 51 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
5.5%
Unchangedsince 2023
from 5.5% in 2023
US average: 35.6%
High school or higher
71.0%
−15.5 ptssince 2023
from 86.5% in 2023
US average: 89.6%
Graduate degree
2.9%
−0.4 ptssince 2023
from 3.3% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.4 min
+3%since 2023
from 24.7 min in 2023
US average: 26.5
Drive alone to work
79.1%
−14.4 ptssince 2023
from 93.5% in 2023
US average: 68.9%
Carpooled to work
20.9%
+14.4 ptssince 2023
from 6.5% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
18.1%
+13.3 ptssince 2023
from 4.8% in 2023
US average: 5.2%
Labor force participation
56.1%
+20.2 ptssince 2023
from 35.9% in 2023
US average: 63.5%
Self-employed
16.0%
+16.0 ptssince 2023
from 0.0% in 2023
US average: 13.1%
Management & professional
11.3%
−7.3 ptssince 2023
from 18.6% in 2023
US average: 42.5%
Section 08

People & community

Male
47.0%
+1.4 ptssince 2023
from 45.6% in 2023
Female
53.0%
−1.4 ptssince 2023
from 54.4% in 2023
Foreign born
21.7%
+20.7 ptssince 2023
from 1.0% in 2023
US average: 14.1%
Veterans
2.9%
−3.3 ptssince 2023
from 6.1% in 2023
US average: 6.2%
With a disability
19.3%
−7.6 ptssince 2023
from 26.9% in 2023
US average: 13.3%
Uninsured
17.3%
+7.6 ptssince 2023
from 9.7% in 2023
US average: 8.4%
Broadband at home
88.6%
+2.1 ptssince 2023
from 86.5% in 2023
US average: 91.0%
English only at home
62.6%
−6.9 ptssince 2023
from 69.5% in 2023
US average: 77.7%
Spanish at home
37.4%
+6.9 ptssince 2023
from 30.5% in 2023
US average: 13.6%
Drill deeper

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Head to head

Compare Happy Valley to nearby cities

HAPPY VALLEY VS
Carlsbad
Income$72,306+16%
Home value$200,000same
Population32,524+3749%
SEE FULL COMPARISON →
HAPPY VALLEY VS
Artesia
Income$74,915+20%
Home value$229,400+15%
Population12,735+1407%
SEE FULL COMPARISON →
HAPPY VALLEY VS
Lovington
Income$68,821+11%
Home value$166,100−17%
Population11,620+1275%
SEE FULL COMPARISON →
HAPPY VALLEY VS
Roswell
Income$51,583−17%
Home value$152,600−24%
Population46,878+5448%
SEE FULL COMPARISON →
Frequently asked

How many people live in Happy Valley, New Mexico?

Happy Valley, New Mexico has about 845 residents according to the 2024 American Community Survey.

What is the median household income in Happy Valley, New Mexico?

The typical household in Happy Valley, New Mexico earns about $62,215 a year. Half of households make more than that, and half make less.

Is Happy Valley, New Mexico expensive?

In Happy Valley, New Mexico, the median home is worth about $200,000, and the typical rent is about $1,115 a month.

How educated are people in Happy Valley, New Mexico?

About 5.5% of adults age 25 and over in Happy Valley, New Mexico hold a bachelor's degree or higher.

What is the poverty rate in Happy Valley, New Mexico?

About 28.8% of people in Happy Valley, New Mexico live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Happy Valley, New Mexico: demographics, income & housing data · CensusEasy