Lake Valley, NM Profile: Facts & Data

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Lake Valley, New Mexico - Basic Facts

The Lake Valley CDP(1) had a population of 74 as of July 1, 2023. Lake Valley ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Mexico. See peer rankings below.

The primary coordinate point for Lake Valley is located at latitude 36.0917 and longitude -108.1573 in San Juan County. The formal boundaries for the Lake Valley Census Designated Place encompass a land area of 8.35 sq. miles and a water area of 0 sq. miles.

The Lake Valley Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

New Mexico is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Lake Valley Census Designated Place is located within Napi Headquarters Division of San Juan County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Lake Valley 2023 Demographic Data
  2. Growth Rates for Lake Valley (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Mexico Research Tools (Easy Tools & Current Data)
  3. New Mexico Data Comparison Tool - 2023 Demographics
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Lake Valley, NM Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 74 (100%)
Population in Households 59 (79.7%)
Population in Families 48 (64.9%)
Population in Group Quarters1 15 (20.3%)
Population Density 9
Diversity Index2 17
 
 

INCOME

Median Household Income $16,764
Average Household Income $38,832
% of Income for Mortgage4 0%
Per Capita Income $13,046
Wealth Index5 24
Socioeconomic Status Index6 Low (33.0)
 

HOUSING

Total HU (Housing Units) 34 (100%)
Owner Occupied HU 22 (64.7%)
Renter Occupied HU 2 ( 5.9%)
Vacant Housing Units 10 (29.4%)
Median Home Value $130,000
Average Home Value $160,227
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 24
Average Household Size 2.46
Family Households 15
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.42% -0.27%
Households 4.19% 0.00%
Families   -1.37%
Median Household Income   9.53%
Per Capita Income   3.60%
Owner Occupied HU   -1.89%

Lake Valley, NM - Peer Comparisons by Rank and Percentile

The table below compares Lake Valley to the other 527 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 458 13th
Population Density # 510 3rd
Median Household Income # 522 1st
Housing Affordability Index # 129 24th
Per Capita Income # 512 3rd
Diversity Index # 489 8th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.

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