North Valley, NM
Population 11,474 · New Mexico
About North Valley, NM
North Valley is a mid-sized city located in New Mexico with a population of 11,474 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,115 per year, which is 11% below the national median of $75,149. The median age of 44.7 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 North Valley features a median home value of $290,500, which is 19% above the national median of $244,900. This positions North Valley in a moderately priced market relative to the rest of the country. Median monthly rent is $1,063, 9% below the national average of $1,163/month. Of the 4,516 total housing units, 73% are owner-occupied (3,132 units) and 27% are renter-occupied (1,182 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in North Valley shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.1%, above the national average of 12.4%. Workers in North Valley have an average one-way commute time of 22.4 minutes.
Education & Demographics
24.2% of North Valley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 23.1% White, 5.9% Hispanic or Latino, 0.0% Black or African American, and 33.2% Asian residents, with 6.4% of the population being foreign-born.
How North Valley Ranks in New Mexico
Cost of Living in North Valley, NM
Compared to national averages, North Valley has a median household income of $67,115 (11% below the national median of $75,149). Home values average $290,500, which is 19% above the national median. Monthly rent at $1,063 is 9% below the US average of $1,163. Within New Mexico, North Valley's income is 0% below the state average of $67,435, and home values are 24% above the state median of $233,762.
Why Live in North Valley, NM?
North Valley offers rent that’s lower than the national average at $1,063/month, and short commute times averaging just 22.4 minutes.
Potential considerations include median household income ($67,115) that falls below the national average. However, North Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
North Valley has a population of 11,474 with a median age of 44.7 years. Compare North Valley with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near North Valley
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lovington | 11,444 | $67,284 | $162,900 | Compare |
| Portales | 12,023 | $51,290 | $132,900 | Compare |
| Española | 10,472 | $47,664 | $205,100 | Compare |
| Artesia | 12,555 | $77,647 | $213,800 | Compare |
| Las Vegas | 13,120 | $42,732 | $143,900 | Compare |
| Silver City | 9,574 | $39,025 | $160,900 | Compare |
| Los Alamos | 13,471 | $136,502 | $458,200 | Compare |
| Grants | 9,106 | $49,286 | $123,600 | 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.
Compare North Valley With Other Cities
Frequently Asked Questions about North Valley
What is the population of North Valley, NM?
The population of North Valley, NM is 11,474 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New Mexico.
What is the median household income in North Valley?
The median household income in North Valley, NM is $67,115 per year, which is 11% below the national median of $75,149.
What is the median home value in North Valley?
The median home value in North Valley, NM is $290,500, which is 19% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in North Valley?
The median monthly rent in North Valley, NM is $1,063, which is 9% below the national average of $1,163/month.
What is the unemployment rate in North Valley?
The unemployment rate in North Valley, NM is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is North Valley, NM a good place to live?
North Valley offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 11,474 and a median age of 44.7, the city appeals to a broad range of residents.
How educated is North Valley, NM?
24.2% of residents in North 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 North Valley?
Key cost-of-living indicators for North Valley, NM: median home value is $290,500 (19% above national), median rent is $1,063/month, and median household income is $67,115. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in North Valley?
The poverty rate in North Valley, NM is 20.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is North Valley, NM?
North Valley's population is 23.1% White, 5.9% Hispanic or Latino, 0.0% Black or African American, 33.2% Asian, and 2.5% two or more races. 6.4% of residents are foreign-born.