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Census Tract 9703.07

New Mexico · Valencia County · 4,119 residents · 34.597 sq mi
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9701.019703.07
TRACT SHAPE · Valencia County, NM
The short version

Census Tract 9703.07 has notably lower household income than the US average, with a median household income of $48,684. Population has grown 17% since 2020. 4% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $87,500. The poverty rate of 30.6% is well above the national figure.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 35.7
US median: 38.9
Less educated
4% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,119
+17%since 2020
from 3,530 in 2020
2020 – 2024
Population density
119 / sq mi
+17%since 2020
from 102 / sq mi in 2020
US average: 281
Median age
35.7
+7%since 2020
from 33.5 in 2020
US average: 38.9
Population, 20202024
3K4K4K4K4K20202024Census Tract 9703.07
20244K
20202024
Section 02

Income & economy

Median household income
$48,684
+28%inflation adjusted, since 2020
from $31,487 in 2020
US average: $82,259
2020 – 2024
Per capita income
$17,598
+55%since 2020
from $11,341 in 2020
US average: $44,673
Households earning $100K+
30.6%
+19.8 ptssince 2020
from 10.8% in 2020
US average: 53.3%
Poverty rate
30.6%
−12.0 ptssince 2020
from 42.6% in 2020
US average: 12.5%
Income inequality (Gini)
0.407
+15%since 2020
from 0.354 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade24.8%
US avg: 6.9%
Information14.6%
US avg: 10.8%
Other services12.7%
US avg: 6.7%
Public administration12.7%
US avg: 4.8%
Finance & insurance4.3%
US avg: 5.9%
Professional, scientific, technical4.3%
US avg: 5.1%
Retail trade3.8%
US avg: 9.9%
Transportation & warehousing3.1%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$87,500
+10%inflation adjusted, since 2020
from $65,400 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$778
US average: $1,442
Owner-occupied
83.6%
−15.6 ptssince 2020
from 99.2% in 2020
16.4% rent
Vacancy rate
3.7%
−12.3 ptssince 2020
from 15.9% in 2020
US average: 10.0%
Owner cost-burdened
18.4%
−4.4 ptssince 2020
from 22.8% in 2020
US average: 22.9%
Renter cost-burdened
28.6%
+28.6 ptssince 2020
from 0.0% in 2020
US average: 47.4%
Afford Score
1.8
−13%since 2020
from 2.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 9703.07 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic9.4%(332)
Black0%(0)
Hispanic / Latino85.9%(3,031)
Asian0%(0)
Other4.7%(167)
Diversity Score31.5%(1,110)
2024
White, non-Hispanic16.2%(668)
Black0%(0)
Hispanic / Latino83%(3,418)
Asian0%(0)
Other0.8%(33)
Diversity Score35.6%(1,468)
Diversity Score
36
+13%since 2020
from 31 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
3.9%
−0.5 ptssince 2020
from 4.4% in 2020
US average: 35.6%
High school or higher
64.4%
+3.3 ptssince 2020
from 61.1% in 2020
US average: 89.6%
Graduate degree
1.4%
+1.4 ptssince 2020
from 0.0% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
49.7 min
+27%since 2020
from 39.1 min in 2020
US average: 26.5
Drive alone to work
71.7%
−4.3 ptssince 2020
from 76.0% in 2020
US average: 68.9%
Carpooled to work
19.7%
−4.3 ptssince 2020
from 24.0% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
6.2%
+6.2 ptssince 2020
from 0.0% in 2020
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
0.0%
−3.6 ptssince 2020
from 3.6% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
19.3%
+2.1 ptssince 2020
from 17.1% in 2020
US average: 5.2%
Labor force participation
54.6%
+5.7 ptssince 2020
from 49.0% in 2020
US average: 63.5%
Self-employed
9.5%
+1.9 ptssince 2020
from 7.6% in 2020
US average: 13.1%
Management & professional
17.9%
+7.6 ptssince 2020
from 10.4% in 2020
US average: 42.5%
Section 08

People & community

Male
54.7%
+10.8 ptssince 2020
from 43.9% in 2020
Female
45.3%
−10.8 ptssince 2020
from 56.1% in 2020
Foreign born
22.5%
−10.1 ptssince 2020
from 32.6% in 2020
US average: 14.1%
Veterans
5.1%
+2.4 ptssince 2020
from 2.7% in 2020
US average: 6.2%
With a disability
21.2%
+10.5 ptssince 2020
from 10.7% in 2020
US average: 13.3%
Uninsured
15.8%
−7.7 ptssince 2020
from 23.5% in 2020
US average: 8.4%
Broadband at home
75.0%
+15.5 ptssince 2020
from 59.5% in 2020
US average: 91.0%
English only at home
45.1%
+17.0 ptssince 2020
from 28.1% in 2020
US average: 77.7%
Spanish at home
54.9%
−17.0 ptssince 2020
from 71.9% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 4,119 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $48,684 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $87,500, and the typical rent is about $778 a month.

How educated are people in this census tract?

About 3.9% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 30.6% of people in this census tract live below the federal poverty line.

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

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