South Valley, NM
Population 36,605 · New Mexico
About South Valley, NM
South Valley is a mid-sized city in New Mexico with a population of 36,605 residents. The median household income is $51,062 per year, which is near the national average. The median age in South Valley is 40.5 years.
Housing in South Valley has a median home value of $205,200 and median monthly rent of $942. Of the 14,114 total housing units, the majority are owner-occupied, with 9,929 owner-occupied and 3,164 renter-occupied units.
The unemployment rate in South Valley is 5.5% and the poverty rate is 19.2%. 14.7% of residents hold a bachelor's degree or higher. The average commute time is 26.1 minutes.
How South Valley Ranks in New Mexico
Cost of Living in South Valley, NM
Compared to national averages, South Valley has a median household income of $51,062 (32% below the national median of $75,149). Home values average $205,200, which is 16% below the national median. Monthly rent at $942 is 19% below the US average of $1,163. Within New Mexico, South Valley's income is 24% below the state average of $67,435, and home values are 12% below the state median of $233,762.
Why Live in South Valley, NM?
South Valley offers affordable housing with a median home value of $205,200, below the US average of $244,900, and rent that’s lower than the national average at $942/month.
Potential considerations include median household income ($51,062) that falls below the national average. However, South Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
South Valley has a population of 36,605 with a median age of 40.5 years. Compare South Valley with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near South Valley
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clovis | 38,153 | $54,029 | $160,000 | Compare |
| Hobbs | 39,887 | $65,691 | $180,700 | Compare |
| Carlsbad | 31,813 | $78,277 | $187,900 | Compare |
| Alamogordo | 31,063 | $52,515 | $163,600 | Compare |
| Farmington | 46,339 | $63,745 | $225,400 | Compare |
| Roswell | 47,823 | $50,294 | $139,200 | Compare |
| Gallup | 21,333 | $57,466 | $134,600 | Compare |
| Los Lunas | 17,932 | $63,696 | $232,700 | 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 South Valley
What is the population of South Valley, NM?
The population of South Valley, NM is 36,605 according to the latest Census data.
What is the median household income in South Valley?
The median household income in South Valley, NM is $51,062 per year.
What is the median home value in South Valley?
The median home value in South Valley, NM is $205,200.
What is the average rent in South Valley?
The median monthly rent in South Valley, NM is $942.
What is the unemployment rate in South Valley?
The unemployment rate in South Valley, NM is 5.5%.