Happy Valley, CA
Population 6,046 · California
About Happy Valley, CA
Happy Valley is a small town located in California with a population of 6,046 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,578 per year, which is 7% above the national median of $75,149. The median age of 45.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Happy Valley features a median home value of $293,800, which is 20% above the national median of $244,900. This positions Happy Valley in a moderately priced market relative to the rest of the country. Median monthly rent is $1,766, 52% above the national average of $1,163/month. Of the 2,301 total housing units, 87% are owner-occupied (1,820 units) and 13% are renter-occupied (283 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Happy Valley shows an unemployment rate of 10.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Happy Valley have an average one-way commute time of 21.1 minutes.
Education & Demographics
18.8% of Happy Valley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 11.9% White, 4.5% Hispanic or Latino, 0.0% Black or African American, and 1.2% Asian residents, with 8.0% of the population being foreign-born.
Cost of Living in Happy Valley, CA
Compared to national averages, Happy Valley has a median household income of $80,578 (7% above the national median of $75,149). Home values average $293,800, which is 20% above the national median. Monthly rent at $1,766 is 52% above the US average of $1,163. Within California, Happy Valley's income is 18% below the state average of $97,829, and home values are 55% below the state median of $653,874.
Why Live in Happy Valley, CA?
Happy Valley offers a strong local economy with a median household income of $80,578, well above the national average, and a low poverty rate of 4.3%, better than the national average, and short commute times averaging just 21.1 minutes.
Happy Valley has a population of 6,046 with a median age of 45.1 years. Compare Happy Valley with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Happy Valley
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cambria | 6,038 | $89,049 | $868,400 | Compare |
| Pollock Pines | 6,056 | $74,190 | $389,500 | Compare |
| Solvang | 6,034 | $118,208 | $936,900 | Compare |
| Homeland | 6,060 | $54,863 | $189,600 | Compare |
| Las Flores CDP (Orange County), California | 6,007 | $196,250 | $1,068,900 | Compare |
| Oak View | 5,984 | $109,856 | $709,300 | Compare |
| Durham | 6,111 | $120,778 | $612,100 | Compare |
| Eucalyptus Hills | 5,976 | $137,580 | $821,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Happy Valley With Other Cities
Frequently Asked Questions about Happy Valley
What is the population of Happy Valley, CA?
The population of Happy Valley, CA is 6,046 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in California.
What is the median household income in Happy Valley?
The median household income in Happy Valley, CA is $80,578 per year, which is 7% above the national median of $75,149.
What is the median home value in Happy Valley?
The median home value in Happy Valley, CA is $293,800, which is 20% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Happy Valley?
The median monthly rent in Happy Valley, CA is $1,766, which is 52% above the national average of $1,163/month.
What is the unemployment rate in Happy Valley?
The unemployment rate in Happy Valley, CA is 10.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Happy Valley, CA a good place to live?
Happy Valley offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,046 and a median age of 45.1, the city appeals to established professionals and retirees.
How educated is Happy Valley, CA?
18.8% of residents in Happy Valley aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Happy Valley?
Key cost-of-living indicators for Happy Valley, CA: median home value is $293,800 (20% above national), median rent is $1,766/month, and median household income is $80,578. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Happy Valley?
The poverty rate in Happy Valley, CA is 4.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Happy Valley, CA?
Happy Valley's population is 11.9% White, 4.5% Hispanic or Latino, 0.0% Black or African American, 1.2% Asian, and 0.0% two or more races. 8.0% of residents are foreign-born.