CENSUS TRACT
Census Tract 9704.05
New Mexico · Valencia County · 4,168 residents · 22.68 sq mi
Notable rankings
#27highest rent in NM$1,893#41lowest low poverty in NM4.2%#75highest household income in NM$96,875#140highest education in NM41.9%TRACT SHAPE · Valencia County, NM
The short version
Census Tract 9704.05 is wealthier than most US places, with a median household income of $96,875. Population has held roughly steady since 2020. Median home value has risen by half since 2020, reaching $271,200. Poverty is rare here, at 4.2% of residents. Households here earn about 64% more than the Valencia County median.
At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 39.0
US median: 38.9
More educated
42% hold a bachelor's degree
US average: 36%
Less affordable
home values up 29%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
4,168
+12%since 2020
from 3,712 in 2020
2020 – 2024
Population density
184 / sq mi
+12%since 2020
from 164 / sq mi in 2020
US average: 281
Median age
39.0
+9%since 2020
from 35.9 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$96,875
+24%inflation adjusted, since 2020
from $64,694 in 2020
US average: $82,259
2020 – 2024
Per capita income
$42,031
+55%since 2020
from $27,091 in 2020
US average: $44,673
Households earning $100K+
63.7%
+27.8 ptssince 2020
from 36.0% in 2020
US average: 53.3%
Poverty rate
4.2%
−5.2 ptssince 2020
from 9.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.340
−8%since 2020
from 0.371 in 2020
US average: 0.476
Workforce by industry, 2024
Information21.2%
Other services8.6%
Public administration7.8%
Wholesale trade4.7%
Finance & insurance3.3%
Education & health services1.7%
Professional, scientific, technical1.6%
Retail trade1.4%
Arts, entertainment, food1.3%
Transportation & warehousing0.8%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$271,200
+29%inflation adjusted, since 2020
from $173,600 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,893
+2%inflation adjusted, since 2020
from $1,530 in 2020
US average: $1,442
Owner-occupied
84.3%
+5.5 ptssince 2020
from 78.8% in 2020
15.7% rent
Vacancy rate
5.3%
−6.5 ptssince 2020
from 11.9% in 2020
US average: 10.0%
Owner cost-burdened
16.8%
−11.1 ptssince 2020
from 27.9% in 2020
US average: 22.9%
Renter cost-burdened
43.5%
+22.8 ptssince 2020
from 20.7% in 2020
US average: 47.4%
Afford Score
2.8
+4%since 2020
from 2.7 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 9704.05 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic49.4%(1,835)
Black3.6%(134)
Hispanic / Latino43.8%(1,625)
Asian1.2%(46)
Other1.9%(72)
Diversity Score70.3%(2,608)
2024
White, non-Hispanic42.6%(1,774)
Black1.2%(51)
Hispanic / Latino46.8%(1,952)
Asian0%(0)
Other9.4%(391)
Diversity Score73.8%(3,077)
Diversity Score
74
+5%since 2020
from 70 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
41.9%
+10.5 ptssince 2020
from 31.5% in 2020
US average: 35.6%
High school or higher
98.6%
+6.7 ptssince 2020
from 92.0% in 2020
US average: 89.6%
Graduate degree
21.6%
+9.7 ptssince 2020
from 11.9% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
25.2 min
−3%since 2020
from 26.0 min in 2020
US average: 26.5
Drive alone to work
77.9%
−9.3 ptssince 2020
from 87.2% in 2020
US average: 68.9%
Carpooled to work
7.3%
−1.7 ptssince 2020
from 9.1% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
13.2%
+9.4 ptssince 2020
from 3.8% in 2020
US average: 15.0%
Walked to work
0.9%
+0.9 ptssince 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%
Unchangedsince 2020
from 0.0% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
1.7%
+1.7 ptssince 2020
from 0.0% in 2020
US average: 5.2%
Labor force participation
49.5%
−7.7 ptssince 2020
from 57.2% in 2020
US average: 63.5%
Self-employed
15.8%
+2.3 ptssince 2020
from 13.5% in 2020
US average: 13.1%
Management & professional
50.9%
+14.3 ptssince 2020
from 36.6% in 2020
US average: 42.5%
Section 08
People & community
Male
46.4%
−1.9 ptssince 2020
from 48.3% in 2020
Female
53.6%
+1.9 ptssince 2020
from 51.7% in 2020
Foreign born
7.8%
−1.8 ptssince 2020
from 9.7% in 2020
US average: 14.1%
Veterans
11.4%
−1.2 ptssince 2020
from 12.6% in 2020
US average: 6.2%
With a disability
14.0%
+1.6 ptssince 2020
from 12.4% in 2020
US average: 13.3%
Uninsured
1.6%
−4.2 ptssince 2020
from 5.8% in 2020
US average: 8.4%
Broadband at home
92.0%
+8.2 ptssince 2020
from 83.8% in 2020
US average: 91.0%
English only at home
80.1%
+1.2 ptssince 2020
from 78.9% in 2020
US average: 77.7%
Spanish at home
14.3%
−3.0 ptssince 2020
from 17.3% in 2020
US average: 13.6%
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CENSUS TRACT 9704.05 VS
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Frequently asked
How many people live in this census tract?
this census tract has about 4,168 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 $96,875 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 $271,200, and the typical rent is about $1,893 a month.
How educated are people in this census tract?
About 41.9% 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 4.2% of people in this census tract live below the federal poverty line.
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Containing area
Valencia CountyOther census tracts in Valencia County
Census Tract 9704.04Census Tract 9704.01Census Tract 9707.01Census Tract 9710Census Tract 9709.01Census Tract 9414Census Tract 9701.01Census Tract 9708Census Tract 9703.07Census Tract 9702Census Tract 9703.06Census Tract 9703.04Census Tract 9701.04Census Tract 9701.03Census Tract 9703.05Census Tract 9703.02DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024