Happy Valley, New Mexico Demographics & Population 2026
During the 2020–2024 ACS period, Happy Valley, New Mexico had a total population of 845, the 180th largest community in New Mexico, with a median household income of $62,215, which is 3% lower than the state average. The poverty rate is 28.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- More than 1 in 4 residents live below the poverty line (28.8%), well above the national average of 12.4%.
- Only 5.5% of adults have a bachelor's degree, well below the national average of 35.7%.
- Unemployment rate of 18.1% is notably above the national average.
Happy Valley Quick Facts
How Happy Valley Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 616 | 845 | +37.2% |
| Median home value | $144,400 | $200,000 | +38.5% |
How Happy Valley Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 63 | National average: 61
Education
Educational Attainment (Adults 25+)
Happy Valley Rankings in New Mexico
Explore New Mexico Rankings
Other Cities in Eddy County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Carlsbad | 31,746 | $72,306 | 13.8% | $200,000 |
| Artesia | 12,576 | $74,915 | 15.7% | $229,400 |
| Loving | 1,357 | $43,884 | 20.1% | $171,600 |
| Atoka | 1,347 | $83,704 | 3.3% | $116,200 |
| La Huerta | 1,288 | $78,861 | 8.8% | $345,100 |
| Livingston Wheeler | 460 | $79,329 | 6.1% | $153,000 |
| Malaga | 309 | N/A | 0.0% | N/A |
| Morningside | 103 | N/A | 0.0% | N/A |
| Loco Hills | 72 | N/A | 0.0% | N/A |
| Hope | 49 | $111,250 | 0.0% | $113,600 |
Cities Similar to Happy Valley
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hagerman | 849 | $64,674 | $109,600 | 17.2% | 14.4% |
| Cedar Crest | 886 | N/A | $248,400 | 47.2% | 10.0% |
| Cedar Grove | 901 | $63,261 | $185,000 | 26.4% | 11.2% |
| Chamita | 867 | $68,472 | $222,300 | 12.3% | 19.8% |
| Fort Sumner | 938 | N/A | N/A | 2.7% | 17.3% |
A note before these figures: with a population of 845, Happy Valley's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Happy Valley is a small community located in New Mexico, within Eddy County. The total population is 845. It ranks as the 180th most populous out of 495 Census-designated places in New Mexico.
Age Demographics
The median age in Happy Valley is 52.1 years. This is 32% higher than the state median of 39.4 years. Only 9.0% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Happy Valley is $62,215. This is 3% lower than the state median of $64,059. It is also 23% lower than the national median of $80,734. The poverty rate stands at 28.8%. This is 61% higher than the state poverty rate of 17.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 18.1%. This is 203% higher than the state rate of 6.0%. The median home value is $200,000. Housing costs are 19% lower than the state median of $248,100. The home-value-to-income ratio is 3.2x. 73.2% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 70.0%.
Race & Ethnicity
The largest racial or ethnic group in Happy Valley is White (non-Hispanic), making up 64.1% of the population. Hispanic or Latino residents account for 32.4%. The White (non-Hispanic) population is significantly higher than the state average (64.1% vs 36.0%).
Education
5.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 82% lower than the state rate of 31.0%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 71.0%.
Data Sources & Methodology
All demographic data for Happy Valley, New Mexico is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Mexico state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 495 Census-designated places in New Mexico. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Happy Valley, New Mexico?
Happy Valley, New Mexico has a population of 845 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Happy Valley, NM?
The median household income in Happy Valley is $62,215, which is 23% lower than the national median of $80,734.
What is the poverty rate in Happy Valley, NM?
The poverty rate in Happy Valley is 28.8%. This means approximately 243 residents live below the federal poverty line.
What is the racial makeup of Happy Valley, New Mexico?
Happy Valley's population is 64.1% White, 0.0% Black, 32.4% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Happy Valley, NM?
The median home value in Happy Valley is $200,000. The home-value-to-income ratio is 3.2x.
How educated is Happy Valley, New Mexico?
5.5% of adults (25+) in Happy Valley hold a bachelor's degree or higher, and 2.9% hold a graduate or professional degree.