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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

Happy Valley Quick Facts

Population 845
Median Household Income $62,215
Median Home Value $200,000
Poverty Rate 28.8%
Unemployment Rate 18.1%
Median Age 52.1 years
Homeownership Rate 73.2%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 5.5%
High School Graduation Rate 71.0%
Diversity Index 48/100
Population 845 180th of 495
Median Income $62,215 average
Poverty Rate 28.8% 131% higher than national
Median Home Value $200,000 average

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.

Metric2019–20232020–2024Change
Population616845+37.2%
Median home value$144,400$200,000+38.5%

How Happy Valley Compares

Economy & Housing

Household Income Distribution

Under $25K 30.7%
$25K-$50K 5.0%
$50K-$100K 49.4%
$100K+ 14.9%
Detailed income brackets
Under $10K
26.3%
$10K-$15K
4.3%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
5.0%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
2.8%
$60K-$75K
18.3%
$75K-$100K
28.4%
$100K-$125K
0.0%
$125K-$150K
0.0%
$150K-$200K
14.9%
$200K+
0.0%

Employment

18.1% Unemployment Rate State: 6.0%|National: 5.2%
56.1% Labor Force Participation

Housing Overview

Owner 73.2%
Renter 26.8%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $1,115/mo 21.5% of median household income annually

People & Demographics

Diversity Index

48out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 63 | National average: 61

Education

Happy Valley Rankings in New Mexico

#180 Population of 495
#157 Median Income of 346
#383 Education of 494
#163 Home Value of 336

Other Cities in Eddy County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hagerman849$64,674$109,60017.2%14.4%
Cedar Crest886N/A$248,40047.2%10.0%
Cedar Grove901$63,261$185,00026.4%11.2%
Chamita867$68,472$222,30012.3%19.8%
Fort Sumner938N/AN/A2.7%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.