Lake Valley, NM
Population 87 · New Mexico
About Lake Valley, NM
Lake Valley is a small community in New Mexico with a population of 87 residents. The median household income is $80,739 per year, which is above the national average. The median age in Lake Valley is 58.3 years.
Housing in Lake Valley has a median home value of $225,000 and median monthly rent of $0. Of the 69 total housing units, renting is more common than owning, with 10 owner-occupied and 25 renter-occupied units.
The unemployment rate in Lake Valley is 15.4% and the poverty rate is 9.2%. 64.2% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
How Lake Valley Ranks in New Mexico
Cost of Living in Lake Valley, NM
Compared to national averages, Lake Valley has a median household income of $80,739 (7% above the national median of $75,149). Home values average $225,000, which is 8% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Lake Valley's income is 20% above the state average of $67,435, and home values are 4% below the state median of $233,762.
Why Live in Lake Valley, NM?
Lake Valley offers a strong local economy with a median household income of $80,739, well above the national average, and affordable housing with a median home value of $225,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a well-educated community where 64.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.2%, better than the national average, and short commute times averaging just 0 minutes.
Lake Valley has a population of 87 with a median age of 58.3 years. Compare Lake Valley with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Lake Valley
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Caballo | 87 | $0 | $0 | Compare |
| Tse Bonito | 86 | $0 | $17,900 | Compare |
| Anzac Village | 89 | $107,321 | $0 | Compare |
| Buckhorn | 85 | $0 | $0 | Compare |
| Purty Rock | 85 | $0 | $0 | Compare |
| Weed | 90 | $0 | $0 | Compare |
| Cañones | 91 | $98,750 | $525,000 | Compare |
| Ojo Caliente | 91 | $0 | $0 | 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 Lake Valley
What is the population of Lake Valley, NM?
The population of Lake Valley, NM is 87 according to the latest Census data.
What is the median household income in Lake Valley?
The median household income in Lake Valley, NM is $80,739 per year.
What is the median home value in Lake Valley?
The median home value in Lake Valley, NM is $225,000.
What is the average rent in Lake Valley?
The median monthly rent in Lake Valley, NM is $0.
What is the unemployment rate in Lake Valley?
The unemployment rate in Lake Valley, NM is 15.4%.