What is the median household income in North Valley, NM?
The median household income in North Valley, NM is $61,498 (±$7,047) a year (2020–2024 American Community Survey).
Paying the median gross rent of $893 a month would take about $35,700 a year at the common guideline of spending no more than 30% of income on rent.
In North Valley, the median household income went from $53,744 in 2015–2019 to $61,498 in 2020–2024 (+14.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $61,498 (±$7,047)
- Median renter income
- $38,854 (±$18,308)
- Income to afford median rent
- about $35,700
Income in North Valley against Bernalillo County, its state and the nation
| North Valley | Bernalillo County | New Mexico | United States | |
|---|---|---|---|---|
| Median household income | $61,498 (±$7,047) | $69,473 (±$1,449) | $64,059 (±$808) | $80,734 |
| Median renter household income | $38,854 (±$18,308) | $44,381 (±$1,486) | $40,497 (±$955) | $52,966 |
| Median owner household income | $72,097 (±$14,491) | $88,431 (±$2,003) | $77,401 (±$970) | $100,009 |
| Median gross rent | $893 (±$403) | $1,144 (±$17) | $1,067 (±$11) | $1,413 |
In North Valley, median household income is lower than in Bernalillo County ($69,473).
It is not measurably different from New Mexico ($64,059).
It is lower than the national figure ($80,734).
In Bernalillo County, North Valley ranks 10 of 11 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 80 of 188.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in North Valley
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $893 a month ($10,716 a year) needs an income of about $35,700 a year.
The median renting household in North Valley earns $38,854 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $53,744 (±$2,884) | $61,498 (±$7,047) | +14.4% | No measurable change after inflation |
| Median gross rent | $852 (±$122) | $893 (±$403) | +4.8% | No measurable change after inflation |
| Median home value | $221,500 (±$22,897) | $302,700 (±$46,361) | +36.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near North Valley
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| North Valley | — | $61,498 (±$7,047) | — |
| Los Ranchos de Albuquerque | 1.5 mi | $72,992 (±$17,329) | Not measurably different |
| Corrales | 4.6 mi | $102,307 (±$18,244) | Higher |
| Paradise Hills | 4.8 mi | $73,295 (±$25,409) | Not measurably different |
| Albuquerque | 4.9 mi | $68,317 (±$1,677) | Not measurably different |
| Sandia Heights | 7.6 mi | $143,646 (±$19,520) | Higher |
| Rio Rancho | 8.8 mi | $89,596 (±$3,533) | Higher |
| Kirtland AFB | 9.3 mi | $84,884 (±$12,193) | Higher |
| Bernalillo | 10 mi | $63,880 (±$6,165) | Not measurably different |
Nearby places with a measurably higher figure: Corrales, NM ($102,307), Sandia Heights, NM ($143,646), Rio Rancho, NM ($89,596).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Bernalillo County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 4 | Kirtland AFB | $84,884 (±$12,193) |
| 5 | Barton | $81,723 (±$52,888) |
| 6 | Tijeras | $78,173 (±$29,505) |
| 7 | Paradise Hills | $73,295 (±$25,409) |
| 8 | Los Ranchos de Albuquerque | $72,992 (±$17,329) |
| 9 | Albuquerque | $68,317 (±$1,677) |
| 10 | North Valley | $61,498 (±$7,047) |
| 11 | South Valley | $58,224 (±$5,334) |
Showing 8 of 11 places in Bernalillo County, ranked from highest to lowest.
North Valley is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about North Valley
What is the median household income in North Valley?
The median household income in North Valley is $61,498 (±$7,047) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in North Valley?
About $35,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $893 a month.
Have incomes in North Valley kept up with inflation?
In North Valley, the median household income went from $53,744 in 2015–2019 to $61,498 in 2020–2024 (+14.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in North Valley?
The median renting household in North Valley, NM earns $38,854 (±$18,308) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — North Valley CDP, New Mexico
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — North Valley CDP, New Mexico
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Valley CDP, New Mexico
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — North Valley CDP, New Mexico
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — North Valley CDP, New Mexico
- Median Value (B25077), 2015–2019 ACS 5-year estimates — North Valley CDP, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for North Valley CDP, New Mexico (place:52750, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in North Valley at a glance
- Median rent in North Valley
- Rent by bedrooms in North Valley
- Rent burden in North Valley
- Renters and owners in North Valley
- Home values in North Valley
- Homeowner costs in North Valley
- Property taxes in North Valley
- Types of homes in North Valley
- Bedrooms in North Valley
- Age of homes in North Valley
- Heating fuel in North Valley
- Commute and cars in North Valley
- Population growth in North Valley
- How long people stay in North Valley
- Crowding and facilities in North Valley
- New Mexico landlord and tenant rules
- Housing across Bernalillo County
- New Mexico places ranked by median household income
- Housing data for every place in New Mexico