Cost of Living in South Valley, NM

Population: 36,605 • 2026 Data

$51,062
Median Household Income
-34% vs national
$942
Median Monthly Rent
-30% vs national
$205,200
Median Home Value
-39% vs national
5.5%
Unemployment Rate

Housing in South Valley

The median home value in South Valley, NM is $205,200. Monthly rent for a typical unit averages $942, while total monthly housing costs (including utilities and insurance) average $883.

Rent-to-income ratio: 22.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in South Valley, NM is $51,062. The unemployment rate stands at 5.5%, with a labor force of 16,144 people.

Other Cities in New Mexico

Albuquerque, NM → Las Cruces, NM → Rio Rancho, NM → Santa Fe, NM → Roswell, NM → Farmington, NM → Hobbs, NM → Clovis, NM →

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.

Verify at data.census.gov