Valencia, NM

Census Place

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2023 Population

2,219

10.3% 1-year growth

US Senator

Martin Heinrich

Democratic Party

US Senator

Ben Ray Luján

Democratic Party

2023 Median Age

34.5

18.8% 1-year decrease

2023 Poverty Rate

24%

108% 1-year increase

2023 Median Household Income

$70,521

18% 1-year growth

2023 Median Property Value

$242,400

0.656% 1-year decline

2023 Employed Population

821

9.88% 1-year decline

About

In 2023, Valencia, NM had a population of 2.22k people with a median age of 34.5 and a median household income of $70,521. Between 2022 and 2023 the population of Valencia, NM grew from 2,012 to 2,219, a 10.3% increase and its median household income grew from $59,743 to $70,521, a 18% increase.

The 5 largest ethnic groups in Valencia, NM are White (Non-Hispanic) (35.8%), Two Races Including Other (Hispanic) (30%), White (Hispanic) (26.6%), Other (Hispanic) (6.53%), and Two Races Excluding Other, & Three or More Races (Hispanic) (1.04%).

None of the households in Valencia, NM reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

98.8% of the residents in Valencia, NM are U.S. citizens.

In 2023, the median property value in Valencia, NM was $242,400, and the homeownership rate was 90.4%.

Most people in Valencia, NM drove alone to work, and the average commute time was 29.6 minutes. The average car ownership in Valencia, NM was 2 cars per household.

United States New Mexico Valencia County, NM Albuquerque, NM Valencia County, Torrance County & East Mountain PUMA, NM

Population & Diversity

Valencia, NM is home to a population of 2.22k people, from which 98.8% are citizens. As of 2023, 2.84% of Valencia, NM residents were born outside of the country (63 people).

In 2023, there were 1.19 times more White (Non-Hispanic) residents (795 people) in Valencia, NM than any other race or ethnicity. There were 666 Two Races Including Other (Hispanic) and 590 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.8%

2023 Citizenship

100%

2022 Citizenship

As of 2023, 98.8% of Valencia, NM residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Valencia, NM was 100%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Valencia, NM compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Valencia, NM

White (Non-Hispanic)
795 ± 238
Two Races Including Other (Hispanic)
666 ± 361
White (Hispanic)
590 ± 304

64.2%

Hispanic Population

1.42k people

64.2% of the people in Valencia, NM are hispanic (1.42k people).

The following chart shows the 8 races represented in Valencia, NM as a share of the total population.

Foreign-Born Population

2.84%

2023 Foreign-Born Population

63 people

1.94%

2022 Foreign-Born Population

39 people

As of 2023, 2.84% of Valencia, NM residents (63 people) were born outside of the United States, which is approximately the same as the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Valencia, NM was 1.94%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Valencia, NM compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
32 ± 44
Gulf War (2001-)
17 ± 36
Korea
0 ± 18

Valencia, NM has a large population of military personnel who served in Vietnam, 1.88 times greater than any other conflict.

Economy

The economy of Valencia, NM employs 821 people. In 2023, the largest industries in Valencia, NM were Educational Services (184 people), Other Services, Except Public Administration (158 people), and Professional, Scientific, & Technical Services (97 people), and the highest paying industries were Professional, Scientific, & Technical Services ($76,622), Educational Services ($75,680), and Educational Services, & Health Care & Social Assistance ($75,291).

Employment

Occupations

821

2023 Value

± 299

−9.88%

1 Year decline

± 55.6%

From 2022 to 2023, employment in Valencia, NM declined at a rate of −9.88%, from 911 employees to 821 employees.

The most common job groups, by number of people living in Valencia, NM, are Office & Administrative Support Occupations (113 people), Production Occupations (101 people), and Management Occupations (98 people). This chart illustrates the share breakdown of the primary jobs held by residents of Valencia, NM.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Mexico.

This chart shows weekly unemployment insurance claims in New Mexico (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

821

2023 Value

± 299

−9.88%

1 Year decline

± 55.6%

From 2022 to 2023, employment in Valencia, NM declined at a rate of −9.88%, from 911 employees to 821 employees.

The most common employment sectors for those who live in Valencia, NM, are Educational Services (184 people), Other Services, Except Public Administration (158 people), and Professional, Scientific, & Technical Services (97 people). This chart shows the share breakdown of the primary industries for residents of Valencia, NM, though some of these residents may live in Valencia, NM and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$46,019

Median earning men ± $28,778

$65,387

Median earning women ± $21,770

The industries with the best median earnings for men in 2023 are Educational Services, & Health Care & Social Assistance ($75,795), Professional, Scientific, & Management, & Administrative & Waste Management Services ($47,088), and Public Administration ($N/A).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($75,154), Other Services Except Public Administration ($33,397), and Public Administration ($N/A).

Employment by Industry Sector

Data is only available at the state level. Showing data for New Mexico.

Y-Axis

2.72%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 860k people employed in New Mexico. This represents a 2.72% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.8%.

The following chart shows monthly employment numbers for each industry sector in New Mexico.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for New Mexico.

Measure

In 2023, 1.18% of men over 25 years of age had not completed any academic degree (no schooling), while 0.99% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for New Mexico.

Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (451k), Some college (389k), and Bachelors Degree (255k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Valencia, NM was $242,400 in 2023, which is 0.799 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $244,000 to $242,400, a 0.656% decrease. The homeownership rate in Valencia, NM is 90.4%, which is higher than the national average of 65%.

People in Valencia, NM have an average commute time of 29.6 minutes, and they drove alone to work. Car ownership in Valencia, NM is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$242,400

Median Property Value 2023

±$45,337

$763

Median Property Taxes

±$235

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Valencia, NM the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Valencia, NM compared to it's parent and neighbor geographies.

Rent vs Own

90.4%

Homeownership

2023

75.4%

Homeowners with Mortgage

2023

In 2023, 90.4% of the housing units in Valencia, NM were occupied by their owner. This percentage grew from the previous year's rate of 85.9%.

This chart shows the percentage of owner in Valencia, NM compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Valencia, NM colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$70,521

Median Household Income

± $16,448

844

Number of Households

± 258

In 2023, the median household income of the 844 households in Valencia, NM grew to $70,521 from the previous year's value of $59,743.

The following chart displays the households in Valencia, NM distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $20k - $25k range.

Wage Distribution

The closest comparable wage GINI for Valencia, NM is from Valencia, NM.

N/A Wage GINI in N/A

In N/A, the income inequality in N/A was N/A according to the GINI calculation of the wage distribution. Income inequality had a N/A N/A from N/A to N/A, which means that wage distribution grew somewhat N/A even. The GINI for N/A was N/A than the national average of 0.476. In other words, wages are distributed N/A evenly in N/A in comparison to the national average.

This chart shows the number of workers in Valencia, NM across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (78.5%)
Carpooled (15.1%)
Motorcycle (2.73%)

In 2023, 78.5% of workers in Valencia, NM drove alone to work, followed by those who carpooled to work (15.1%) and those who used a motorcycle to get to work (2.73%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

29.6 minutes

Average Travel Time

Using averages, employees in Valencia, NM have a longer commute time (29.6 minutes) than the normal US worker (26.6 minutes). Additionally, 3.52% of the workforce in Valencia, NM have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Valencia, NM compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Valencia, NM distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Valencia, NM have 2 cars.

Poverty

Poverty & Diversity

24% of the population for whom poverty status is determined in Valencia, NM (533 out of 2.22k people) live below the poverty line, a number that is higher than the national average of 12.4%. The largest demographic living in poverty are Females 25 - 34, followed by Males < 5 and then Males 55 - 64.

The most common racial or ethnic group living below the poverty line in Valencia, NM is Hispanic, followed by Two Or More and White.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

98.5% of the population of Valencia, NM has health coverage, with 44.1% on employee plans, 30.9% on Medicaid, 10.6% on Medicare, 11% on non-group plans, and 1.8% on military or VA plans.

Primary care physicians in New Mexico see 1,344 patients per year on average, which represents a 1.13% increase from the previous year (1,329 patients). Compare this to dentists who see 1436 patients per year, and mental health providers who see 224 patients per year.

By gender, of the total number of insured persons, 49.8% were men and 50.2% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 26.8% under 18 years, 24.4% between 18 and 34 years, 33.8% between 35 and 64 years, and 15% over 64 years.

By gender, of the total number of insured persons, 49.8% were men and 50.2% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

1.53%

Uninsured

44.1%

Employer Coverage

30.9%

Medicaid

10.6%

Medicare

11%

Non-Group

1.8%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Valencia, NM declined by 45.9% from 2.83% to 1.53%.

The following chart shows how the percent of uninsured individuals in Valencia, NM changed over time compared with the percent of individuals enrolled in various types of health insurance.

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