Living in North Valley, New Mexico
Cost of living, income, home prices, rent and demographics of North Valley · Census data 2020–2024
North Valley has 10,455 residents with a median age of 46.2. The median household income is $61,498 (4% lower than the New Mexico median), the median home value is $302,700, the median rent is $893/month.
North Valley at a glance
- Population
- 10,455
- Median age
- 46.2State: 39.4
- Median household income
- $61,498State: $64,059
- Median home value
- $302,700State: $248,100
- Median rent
- $893/moState: $1,067
- Homeowners
- 76.3%
- Bachelor's degree or higher
- 27.6%
- Average commute
- 20 min
Is North Valley a good place to live?
Pros: An average commute of 20 minutes; a poverty rate of 17.6%.
Cons: Median household income 4% lower than the New Mexico median; home values 22% higher than the state median; unemployment of 8.5%.
The weather is best in April–May and September–October.
Cost of living in North Valley
Housing is the biggest part of the cost of living. In North Valley the median home value is $302,700, 9% lower than the U.S. median. Renters pay a median of $893 per month, which is 34.4% of household income. Homeowners with a mortgage pay $1,723 a month in housing costs.
North Valley median household income
The median household income in North Valley is $61,498 and the income per person is $36,320. 17.6% of residents live below the poverty line (New Mexico: 17.8%).
Housing in North Valley: homes for sale and rent
- Housing units
- 4,376
- Owner-occupied
- 76.3%
- Renter-occupied
- 23.7%
- Vacant
- 3.7%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.44
North Valley demographics
- Population
- 10,455
- Median age
- 46.2
- Under 18
- 19.5%
- 65 and older
- 24.1%
- Households
- 4,212
- Foreign-born
- 5.4%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of North Valley ›
Education in North Valley
27.6% of adults 25 and older in North Valley have a bachelor's degree or higher (New Mexico: 31%), and 10% have a graduate or professional degree.
Jobs and commute in North Valley
- Unemployment rate
- 8.5%State: 6%
- Average commute
- 20 minState: 24 min
- Work from home
- 21.6%
- Drive alone
- 71.3%
- Public transit
- 0%
- Walk to work
- 0.6%
- Homes with broadband
- 85.5%
North Valley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| North Valley | 10,455 | $61,498 | $302,700 | $893 |
| Los Ranchos de Albuquerque | 5,857 | $72,992 | $492,400 | $1,061 |
| Edith Enclave | 185 | $91,875 | $318,800 | $950 |
| Corrales | 8,555 | $102,307 | $571,500 | $1,143 |
| Paradise Hills | 4,591 | $73,295 | $254,600 | $1,361 |
| Albuquerque | 562,218 | $68,317 | $291,500 | $1,145 |
| Pueblo of Sandia Village | 416 | $30,625 | $225,800 | — |
| Sandia Heights | 3,160 | $143,646 | $670,100 | $3,050 |
| Rio Rancho | 108,515 | $89,596 | $310,200 | $1,514 |
More for people moving to North Valley
North Valley ZIP code ›Weather and climate ›Living in North Valley: FAQ
What is the median household income in North Valley, NM?
The median household income in North Valley is $61,498, 4% lower than the New Mexico median of $64,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in North Valley?
The median home value in North Valley is $302,700, compared with $248,100 in New Mexico.
How much is rent in North Valley?
The median gross rent in North Valley is $893 per month, about 34.4% of household income.
Is North Valley, NM a good place to live?
Pluses: an average commute of 20 minutes; a poverty rate of 17.6%. Minuses: median household income 4% lower than the New Mexico median; home values 22% higher than the state median; unemployment of 8.5%.
What is the median age in North Valley?
The median age in North Valley is 46.2 years (New Mexico: 39.4).
How long is the commute in North Valley?
The average commute to work in North Valley is 20 minutes; 21.6% of workers work from home.
What is the unemployment rate in North Valley?
The unemployment rate in North Valley is 8.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is North Valley?
27.6% of adults in North 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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