Happy Valley, NM
Population 616 · New Mexico
About Happy Valley, NM
Happy Valley is a small community in New Mexico with a population of 616 residents. The median household income is $0 per year, which is below the national average. The median age in Happy Valley is 54 years.
Housing in Happy Valley has a median home value of $144,400 and median monthly rent of $1,153. Of the 355 total housing units, the majority are owner-occupied, with 282 owner-occupied and 44 renter-occupied units.
The unemployment rate in Happy Valley is 4.8% and the poverty rate is 28.2%. 5.5% of residents hold a bachelor's degree or higher. The average commute time is 24.7 minutes.
Cost of Living in Happy Valley, NM
Compared to national averages, Happy Valley has a median household income of $0 (100% below the national median of $75,149). Home values average $144,400, which is 41% below the national median. Monthly rent at $1,153 is 1% below the US average of $1,163. Within New Mexico, Happy Valley's income is 100% below the state average of $67,435, and home values are 38% below the state median of $233,762.
Why Live in Happy Valley, NM?
Happy Valley offers affordable housing with a median home value of $144,400, below the US average of $244,900, and rent that’s lower than the national average at $1,153/month, and short commute times averaging just 24.7 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Happy Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Happy Valley has a population of 616 with a median age of 54 years. Compare Happy Valley with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Happy Valley
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Peñasco | 613 | $38,750 | $219,600 | Compare |
| Paa-Ko | 612 | $217,946 | $744,500 | Compare |
| San Rafael | 620 | $65,966 | $120,300 | Compare |
| Sedillo | 610 | $139,375 | $463,500 | Compare |
| White Cliffs | 610 | $93,095 | $0 | Compare |
| Rio Lucio | 625 | $43,750 | $184,200 | Compare |
| Chamberino | 601 | $60,694 | $195,800 | Compare |
| Hagerman | 599 | $68,750 | $72,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Happy Valley
What is the population of Happy Valley, NM?
The population of Happy Valley, NM is 616 according to the latest Census data.
What is the median household income in Happy Valley?
The median household income in Happy Valley, NM is $0 per year.
What is the median home value in Happy Valley?
The median home value in Happy Valley, NM is $144,400.
What is the average rent in Happy Valley?
The median monthly rent in Happy Valley, NM is $1,153.
What is the unemployment rate in Happy Valley?
The unemployment rate in Happy Valley, NM is 4.8%.