Happy Valley, NM Profile: Facts & Data

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Happy Valley, New Mexico - Basic Facts

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The Happy Valley CDP(1) had a population of 562 as of July 1, 2021.

The primary coordinate point for Happy Valley is located at latitude 32.4239 and longitude -104.2908 in Eddy County. The formal boundaries for the Happy Valley Census Designated Place encompass a land area of 2.15 sq. miles and a water area of 0 sq. miles.

The Happy Valley Census Designated Place has a U2 Census Class Code which indicates a census designated place without 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 Happy Valley Census Designated Place is located within Carlsbad Division of Eddy 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. Happy Valley 2021 Demographic Data
  2. Growth Rates for Happy 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 - 2021 Demographics
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Happy Valley, NM Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 562 (100%)
Population in Households 555 (98.8%)
Population in Families 459 (81.7%)
Population in Group Quarters1 7 ( 1.2%)
Population Density 262
Diversity Index2 73
 
 

INCOME

Median Household Income $57,665
Average Household Income $68,664
% of Income for Mortgage4 11%
Per Capita Income $26,740
Wealth Index5 53
 

HOUSING

Total HU (Housing Units) 264 (100%)
Owner Occupied HU 163 (61.7%)
Renter Occupied HU 60 (22.7%)
Vacant Housing Units 42 (15.9%)
Median Home Value $154,375
Average Home Value $175,307
Housing Affordability Index3 244
 

HOUSEHOLDS

Total Households 222
Average Household Size 2.5
Family Households 155
Average Family Size 3
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.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.71% 0.67%
Households 0.84% 0.71%
Families 0.85% 0.64%
Median Household Income   1.31%
Per Capita Income   2.59%
Owner Occupied HU   1.2%

Happy Valley, NM - Peer Comparisons by Rank and Percentile

The table below compares Happy Valley to the other 443 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2021 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 # 208 53rd
Population Density # 191 57th
Median Household Income # 83 81st
Housing Affordability Index # 371 84th
Per Capita Income # 149 67th
Diversity Index # 114 74th

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

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