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Valencia County

Learn about the people, housing, costs and businesses in Valencia County County

Median Home$216,468
Median Rent$1,048/month
Population78,458
Leading IndustriesWholesale Trade · Arts, Food & Hospitality · Healthcare10% wholesale trade
Home Value Growth⬆⬆+20.2% over 2 years
Young Adults28% of residentsslightly above average
Homeowners83% of occupied units
NotableVeteran Community9% of residents · top 20% nationally
Valencia County
NM

Frequently Asked Questions

What are today's mortgage rates in Valencia County?

As of today, the 30-year fixed mortgage rate for Valencia County is approximately 7.106% (7.132% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Valencia County?

The median home value in Valencia County is $216k. The median monthly rent is $1,048. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Valencia County?

Home values in Valencia County have increased 20.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Valencia County?

Based on a typical all-in ownership cost of $917/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Valencia County is $63k/year.

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What industries drive the economy in Valencia County?

The largest employment sectors in Valencia County are public administration (24%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas