Is South Valley, NM growing?

South Valley, NM had an estimated 37,120 (±1,852) residents in 2020–2024, against 40,080 in 2015–2019.

That is a change of −7.4%, a measurable decrease.

Its housing went from 16,050 to 14,132 homes (−12.0%), a measurable decrease.

1.1% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
37,120 (±1,852)
Amount of change
−7.4%
Homes change
−12.0%
Built 2020 or later
1.1%

Residents and homes in South Valley, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents40,080 (±1,187)37,120 (±1,852)−7.4%Measurable decrease
Housing units16,050 (±420)14,132 (±623)−12.0%Measurable decrease
Households that rent26.6% (±2.7 points)25.6% (±3.5 points)−1.0 percentage pointsNot a measurable change
Median gross rent$709 (±$72)$954 (±$67)+34.6%No measurable change after inflation
Median home value$147,400 (±$7,037)$224,300 (±$9,815)+52.2%Up 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.

Growth in South Valley against Bernalillo County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
South Valley−7.4%Measurable decrease−12.0%
Bernalillo County−0.6%Measurable decrease+3.0%
New Mexico+1.3%Measurable increase+2.0%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in South Valley

Housing units by year built, 2020–2024
Year builtSouth ValleyBernalillo CountyNew MexicoUnited States
2020 or later1.1% (±0.7 points)1.1%1.4%2.0%
2010 to 20193.4% (±1.0 points)6.9%8.4%9.4%
2000 to 20096.3% (±1.6 points)15.8%15.5%13.6%

4.5% of the homes in South Valley were built in 2010 or later.

The median age of residents is 41.7 years.

Growth in places near South Valley

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
South Valley—37,120−7.4%Measurable decrease
Albuquerque6.9 mi562,218+0.5%Measurable increase
Bosque Farms11 mi4,071+5.0%Measurable increase
Los Ranchos de Albuquerque11 mi5,857−4.2%Measurable decrease
North Valley12 mi10,455−22.3%Measurable decrease
Peralta12 mi3,404−4.8%Measurable decrease
Paradise Hills13 mi4,591−1.4%Not a measurable change
Valencia14 mi2,406+19.2%Not a measurable change
Meadow Lake16 mi4,259+11.1%Not a measurable change

South 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 South Valley

Is South Valley growing?

South Valley, NM had an estimated 37,120 residents in 2020–2024 and 40,080 in 2015–2019, a change of −7.4%: a measurable decrease by the Census Bureau’s test.

How many homes have been added in South Valley?

The estimated number of housing units went from 16,050 in 2015–2019 to 14,132 in 2020–2024 (−12.0%), a measurable decrease.

How much new construction is there in South Valley?

1.1% of homes in South Valley were built in 2020 or later and 3.4% between 2010 and 2019.

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) for South Valley CDP, New Mexico (place:74520, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

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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