Living in Happy Valley, California

Cost of living, income, home prices, rent and demographics of Happy Valley · Census data 2020–2024

Happy Valley has 5,944 residents with a median age of 42.5. The median household income is $92,222 (7% lower than the California median), the median home value is $334,100, the median rent is $1,282/month.

Happy Valley at a glance

Population
5,944
Median age
42.5State: 37.9
Median household income
$92,222State: $99,122
Median home value
$334,100State: $734,700
Median rent
$1,282/moState: $2,036
Homeowners
87.3%
Bachelor's degree or higher
14%
Average commute
23 min

Is Happy Valley a good place to live?

Pros: Home values 55% lower than the state median; an average commute of 23 minutes; a poverty rate of 8.9%.

Cons: Median household income 7% lower than the California median; unemployment of 11.3%.

The weather is best in April–May and September–October.

Cost of living in Happy Valley

Housing is the biggest part of the cost of living. In Happy Valley the median home value is $334,100, about the same as the U.S. median. Renters pay a median of $1,282 per month, which is 51% of household income. Homeowners with a mortgage pay $1,945 a month in housing costs.

Median home value

Happy Valley$334,100
California$734,700
United States$332,700

Median monthly rent

Happy Valley$1,282
California$2,036
United States$1,413

Happy Valley median household income

The median household income in Happy Valley is $92,222 and the income per person is $35,366. 8.9% of residents live below the poverty line (California: 12%).

Median household income

Happy Valley$92,222
California$99,122
United States$80,734

Housing in Happy Valley: homes for sale and rent

Housing units
2,193
Owner-occupied
87.3%
Renter-occupied
12.7%
Vacant
7.6%Includes seasonal homes
Median year built
1979
Average household size
2.93

Happy Valley demographics

Population
5,944
Median age
42.5
Under 18
22%
65 and older
24.1%
Households
2,026
Foreign-born
10%
Veterans
10.4%Adults 18+

Race and ethnicity

White67.9%
Hispanic or Latino17%
Black0%
Asian9.7%

Hispanic or Latino can be of any race. Population history of Happy Valley ›

Education in Happy Valley

14% of adults 25 and older in Happy Valley have a bachelor's degree or higher (California: 37.1%), and 3.6% have a graduate or professional degree.

Bachelor's degree or higher

Happy Valley14%
California37.1%
United States35.7%

Jobs and commute in Happy Valley

Unemployment rate
11.3%State: 6.6%
Average commute
23 minState: 29 min
Work from home
3.8%
Drive alone
88.6%
Public transit
0%
Walk to work
0.5%
Homes with broadband
93.9%

Happy Valley vs nearby towns

TownPopulationMedian incomeHome valueRent
Happy Valley5,944$92,222$334,100$1,282
Centerville1,954$122,500$595,900—
Anderson11,255$47,375$283,000$962
Cottonwood7,408$95,577$363,000$1,391
Redding93,409$70,466$382,300$1,379
Shasta1,387$111,250$395,500—
Keswick240$71,442$388,100—
Palo Cedro3,685$120,152$551,600$1,375
Lake California3,808$92,051$352,800$1,606

More for people moving to Happy Valley

Happy Valley ZIP code ›Weather and climate ›

Living in Happy Valley: FAQ

What is the median household income in Happy Valley, CA?

The median household income in Happy Valley is $92,222, 7% lower than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Happy Valley?

The median home value in Happy Valley is $334,100, compared with $734,700 in California.

How much is rent in Happy Valley?

The median gross rent in Happy Valley is $1,282 per month, about 51% of household income.

Is Happy Valley, CA a good place to live?

Pluses: home values 55% lower than the state median; an average commute of 23 minutes; a poverty rate of 8.9%. Minuses: median household income 7% lower than the California median; unemployment of 11.3%.

What is the median age in Happy Valley?

The median age in Happy Valley is 42.5 years (California: 37.9).

How long is the commute in Happy Valley?

The average commute to work in Happy Valley is 23 minutes; 3.8% of workers work from home.

What is the unemployment rate in Happy Valley?

The unemployment rate in Happy Valley is 11.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Happy Valley?

14% of adults in Happy Valley have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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