What percentage of people rent in North Valley, NM?

23.7% (±7.2 points) of the occupied homes in North Valley, NM are rented (2020–2024 American Community Survey).

That is 1,000 renting households against 3,212 that own their home.

In North Valley, the share of households that rent went from 19.5% in 2015–2019 to 23.7% in 2020–2024 (+4.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
23.7% (±7.2 points)
Renting households
1,000 (±363)
Median renter income
$38,854 (±$18,308)

Who rents and who owns in North Valley

Tenure, estimate (90% margin of error)
North ValleyBernalillo CountyNew MexicoUnited States
Renter-occupied share23.7% (±7.2 points)35.5% (±0.6 points)30.0% (±0.4 points)34.8%
Renting households1,000 (±363)101,241 (±1,886)251,477 (±3,297)45,017,354
Owning households3,212 (±309)184,254 (±1,984)585,937 (±3,814)84,210,142
Average renter household size2.4 (±0.5)2.0 (±0.0)2.2 (±0.0)2.3
Average owner household size2.5 (±0.2)2.5 (±0.0)2.6 (±0.0)2.6
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

In North Valley, the renter share is lower than in Bernalillo County (35.5%).

It is not measurably different from New Mexico (30.0%).

It is lower than the national figure (34.8%).

In Bernalillo County, North Valley ranks 5 of 12 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 94 of 205.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in North Valley has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent19.5% (±4.1 points)23.7% (±7.2 points)+4.2 percentage pointsNot a measurable change
Median gross rent$852 (±$122)$893 (±$403)+4.8%No measurable change after inflation
Median household income$53,744 (±$2,884)$61,498 (±$7,047)+14.4%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.

Households that rent in places near North Valley

Nearest places with a published estimate, compared with North Valley
PlaceDistanceHouseholds that rentCompared with this place
North Valley—23.7% (±7.2 points)—
Los Ranchos de Albuquerque1.5 mi19.8% (±7.1 points)Not measurably different
Corrales4.6 mi8.8% (±3.5 points)Lower
Paradise Hills4.8 mi24.3% (±10.4 points)Not measurably different
Albuquerque4.9 mi38.2% (±0.7 points)Higher
Sandia Heights7.6 mi5.6% (±3.2 points)Lower
Rio Rancho8.8 mi17.8% (±1.7 points)Not measurably different
Kirtland AFB9.3 mi97.9% (±3.5 points)Higher
Bernalillo10 mi23.1% (±5.0 points)Not measurably different

Nearby places with a measurably lower figure: Corrales, NM (8.8%), Sandia Heights, NM (5.6%).

Nearby places with a measurably higher figure: Albuquerque, NM (38.2%), Kirtland AFB, NM (97.9%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Bernalillo County, place by place

RankPlaceHouseholds that rent
1Kirtland AFB97.9% (±3.5 points)
2Albuquerque38.2% (±0.7 points)
3South Valley25.6% (±3.5 points)
4Paradise Hills24.3% (±10.4 points)
5North Valley23.7% (±7.2 points)
6Los Ranchos de Albuquerque19.8% (±7.1 points)
7Tijeras15.3% (±11.5 points)
8Barton12.1% (±11.4 points)
9Sandia Knolls12.0% (±6.4 points)
10Isleta8.9% (±12.2 points)
11Ponderosa Pine7.1% (±9.2 points)

Showing 11 of 12 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.

What you can do on Seayora in North Valley

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Questions about North Valley

How many renters are there in North Valley?

North Valley has an estimated 1,000 (±363) renting households, 23.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in North Valley?

In North Valley, the share of households that rent went from 19.5% in 2015–2019 to 23.7% in 2020–2024 (+4.2 percentage points), not a measurable change.

How big are renting households in North Valley?

A renting household in North Valley has 2.4 people on average, against 2.5 in an owned home.

How much do renters earn in North Valley?

The median renting household in North Valley, NM has an income of $38,854 (±$18,308) a year, against $72,097 for households that own their home.

Sources

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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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