Arenas Valley, NM Profile: Facts & Data

The primary coordinate point for Arenas Valley is located at latitude 32.794 and longitude -108.1842 in Grant County. The formal boundaries for the Arenas Valley Census Designated Place encompass a land area of 4.06 sq. miles and a water area of 0 sq. miles. Grant County is in the Mountain time zone (GMT -7).

The Arenas 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 Arenas Valley Census Designated Place is located within Santa Clara Division of Grant County.

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.

Arenas Valley, NM Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,292 (100%)
Population in Households	1,292 (100.0%)
Population in Families	1,045 (80.9%)
Population in Group Quarters¹	0
Population Density	318
Diversity Index²	76


INCOME
Median Household Income	$75,165
Average Household Income	$96,088
% of Income for Mortgage⁴	17%
Per Capita Income	$39,194
Wealth Index⁵	106
Socioeconomic Status Index⁶	Moderate (48.9)

HOUSING
Total HU (Housing Units)	653 (100%)
Owner Occupied HU	439 (67.2%)
Renter Occupied HU	88 (13.5%)
Vacant Housing Units	126 (19.3%)
Median Home Value	$197,991
Average Home Value	$226,025
Housing Affordability Index³	158

HOUSEHOLDS
Total Households	527
Average Household Size	2.45
Family Households	340
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
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.

Arenas Valley, NM - Peer Comparisons by Rank and Percentile

The table below compares Arenas Valley to the other 527 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.02%	-0.19%
Households	0.18%	0.19%
Families		-0.66%
Median Household Income		2.14%
Per Capita Income		3.18%
Owner Occupied HU		0.23%

Variable Description	Rank	Percentile
Total Population	# 129	76th
Population Density	# 159	70th
Median Household Income	# 95	82nd
Housing Affordability Index	# 435	83rd
Per Capita Income	# 113	79th
Diversity Index	# 234	56th

Arenas Valley, NM Profile: Facts & Data

Arenas Valley, New Mexico - Basic Facts

Arenas Valley, NM Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Arenas Valley, NM - Peer Comparisons by Rank and Percentile

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