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CITY · 2020 ACS

Lake Valley

New Mexico · 73 residents · 8.347 sq mi
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The short version

Lake Valley has notably lower household income than the US average, with a median household income of $40,694. Population has fallen 24% since 2019, a loss of 23 residents. Median home value is $153,100. Poverty is rare here, at 5.2% of residents.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 40.5
US median: 38.8
More educated
38% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
73
−24%since 2019
from 96 in 2019
2010 – 2024
Population density
9 / sq mi
−24%since 2019
from 12 / sq mi in 2019
US average: 280
Median age
40.5
+3%since 2019
from 39.5 in 2019
US average: 38.8
Population, 2010 – 2024
396081102123201020202024Lake Valley
202483
201020202024
Section 02

Income & economy

Median household income
$40,694
−2%inflation adjusted, since 2019
from $40,900 in 2019
US average: $66,278
2010 – 2024
Per capita income
$19,834
−2%since 2019
from $20,264 in 2019
US average: $35,364
Households earning $100K+
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 43.9%
Poverty rate
5.2%
−1.0 ptssince 2019
from 6.3% in 2019
US average: 12.8%
Workforce by industry, 2020
Information2.8%
US avg: 11.1%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Wholesale trade0%
US avg: 6.7%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$153,100
+10%inflation adjusted, since 2019
from $137,500 in 2019
US average: $265,253
2010 – 2024
Owner-occupied
81.0%
+56.0 ptssince 2019
from 25.0% in 2019
19.0% rent
Afford Score
3.8
+12%since 2019
from 3.4 in 2019
2010 – 2024
RELATED:See current rent listings in Lake Valley on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic0%(0)
Black0%(0)
Hispanic / Latino62.5%(60)
Asian0%(0)
Other37.5%(36)
Diversity Score58.6%(56)
2020
White, non-Hispanic19.2%(14)
Black0%(0)
Hispanic / Latino4.1%(3)
Asian4.1%(3)
Other40.6%(30)
Diversity Score69.6%(51)
Diversity Score
70
+19%since 2019
from 59 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
38.5%
−5.9 ptssince 2019
from 44.3% in 2019
US average: 32.9%
High school or higher
87.9%
+2.7 ptssince 2019
from 85.2% in 2019
US average: 88.5%
Graduate degree
35.2%
−5.7 ptssince 2019
from 40.9% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
61.7 min
−7%since 2019
from 66.1 min in 2019
US average: 26.9
Drive alone to work
62.5%
−1.9 ptssince 2019
from 64.4% in 2019
US average: 75.1%
No vehicle available
2.3%
−0.2 ptssince 2019
from 2.5% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.7%
+0.1 ptssince 2019
from 2.6% in 2019
US average: 5.4%
Labor force participation
81.3%
−3.3 ptssince 2019
from 84.6% in 2019
US average: 63.4%
Management & professional
88.9%
+0.9 ptssince 2019
from 88.0% in 2019
US average: 39.3%
Section 08

People & community

Male
18.8%
−1.0 ptssince 2019
from 19.8% in 2019
Female
81.3%
+1.0 ptssince 2019
from 80.2% in 2019
Foreign born
59.4%
−3.1 ptssince 2019
from 62.5% in 2019
US average: 13.5%
Uninsured
32.3%
−2.1 ptssince 2019
from 34.4% in 2019
US average: 8.8%
Drill deeper

Places similar to Lake Valley

Riddleville
Pop 78
Fidelis
Pop 91
Bennington
Pop 92
Pittman
Pop 89
Places similar to Lake Valley
Head to head

Compare Lake Valley to nearby cities

LAKE VALLEY VS
Farmington
Income$68,784+69%
Home value$233,000+52%
Population46,055+55388%
SEE FULL COMPARISON →
LAKE VALLEY VS
Gallup
Income$58,303+43%
Home value$165,200+8%
Population19,969+23959%
SEE FULL COMPARISON →
LAKE VALLEY VS
Grants
Income$47,183+16%
Home value$136,500−11%
Population8,933+10663%
SEE FULL COMPARISON →
LAKE VALLEY VS
Durango
Income$78,602+93%
Home value$668,400+337%
Population19,733+23675%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Valley, New Mexico?

Lake Valley, New Mexico has about 73 residents according to the 2020 American Community Survey.

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

The typical household in Lake Valley, New Mexico earns about $40,694 a year. Half of households make more than that, and half make less.

Is Lake Valley, New Mexico expensive?

In Lake Valley, New Mexico, the median home is worth about $153,100.

How educated are people in Lake Valley, New Mexico?

About 38.5% of adults age 25 and over in Lake Valley, New Mexico hold a bachelor's degree or higher.

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

About 5.2% of people in Lake 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 →