The Town Files

Happy Valley, New Mexico

Community in Eddy County · population 617 (2020 Census)

Map: where Happy Valley is in New MexicoHappy Valley
Median home
$200,000
Household income
$62,215
Jan low / Jul high
30° / 95°
Snow a year
3 in
Tornadoes ≤10 mi since 1950
9
Median age
52.1

Happy Valley is a community of 617 people in Eddy County, New Mexico. The median home is worth $200,000, above the typical New Mexico town ($187,400). It ranks more upscale than 78% of New Mexico towns, more vibrant than 76% of New Mexico towns.

How Happy Valley ranks

Percentile among New Mexico towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of New Mexico towns.

Happy Valley lifestyle rankings vs other New Mexico townsRetirement35th pctFamilies51st pctQuiet47th pctWalkability68th pctFirst-time buyers35th pctYoung professionals68th pctVibrancy76th pctHip & trendy65th pctCollege town2nd pctUpscale78th pctVacation homesbottomSeaside characterbottomCyclingbottomTransit66th pctDriving68th pcttypical
The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025).

Homes and cost of living

The median home in Happy Valley is worth $200,000, above the typical New Mexico town ($187,400). Homes cost about 3.2 times the median household income of $62,215, which is more affordable than 54% of New Mexico towns. Median rent is $1,115 a month. 73.2% of households own their home.

Happy Valley vs Eddy County vs typical New Mexico townHappy ValleyEddy CountyTypical New Mexico townHome value$200,000$212,600$187,400Household income$62,215$78,426$55,614Monthly rent$1,115$1,245$916
Census ACS 5-year estimates, 2020–2024. "Typical town" = median of New Mexico towns with 500+ people.
HousingHappy ValleyTypical New Mexico town
Median home value$200,000$187,400
Median rent$1,115$916
Median household income$62,215$55,614
Home value ÷ income3.2×3.2×
Homeownership73.2%80.1%
Median year built19691984
Seasonal / vacation homes0.0%—

Who lives in Happy Valley

PeopleHappy ValleyTypical New Mexico town
Median age52.139.9
Age 65 and over22.1%19.1%
Under 189.0%—
Bachelor's degree or higher5.5%18.7%
Below the poverty line28.8%18.0%
Veterans2.9%—
Born outside the U.S.21.7%—
Work from home0.0%8.3%
Average commute25.4 min24.4 min
Homes with broadband88.6%82.9%

Weather in Happy Valley

July highs average 95.4°F and January lows 29.5°F. About 12.1 inches of rain and melted snow fall a year, with 2.7 inches of snow (typical New Mexico town: 10.7 in). Expect about 121 days a year at 90°F or hotter and 69 nights at or below freezing.

Happy Valley monthly temperatures and precipitation20°30°40°50°60°70°80°90°100°32° freezing58°30°Jan63°34°Feb71°40°Mar80°48°Apr88°57°May96°66°Jun95°69°Jul94°68°Aug87°61°Sep78°49°Oct66°37°Nov57°30°DecPrecipitation (in) · snow (in) in blue0.41.00.40.40.50.10.51.11.21.81.62.60.90.50.50.50.7
NOAA 1991–2020 climate normals: average daily high and low by month; precipitation and snowfall in inches. Temperatures from the Carlsbad Cavern City Ap station (6.8 mi away); snow from Carlsbad (6.8 mi).

Tornadoes, storms and disasters

9 tornadoes have passed within 10 miles of Happy Valley since 1950, compared with 3 for the typical New Mexico town. 2 rated (E)F2 or stronger. The strongest, an F2, struck on June 7, 1992 about 2.4 miles from the town center. The most recent was on July 20, 1994.

Tornadoes within 10 miles of Happy Valley by decade11950s31960s01970s11980s41990s02000s02010s02020s
NOAA Storm Events Database, tornado tracks (start to end point) passing within 10 miles of the town center, 1950–2026.

Hail of 1 inch or larger has been reported within 10 miles 136 times; the largest was 3.00 inches on June 10, 1989.

Severe weather in Eddy County since 1996

Storm events in Eddy County since 1996 by typeHail402Flood16Drought30Tornado15High Wind348Dust Storm11Heavy Snow41Flash Flood219
NOAA Storm Events Database, Eddy County, 1996–2026 (all event types recorded since 1996). 4 deaths recorded.

Eddy County has been included in 11 federal disaster or emergency declarations since 1953, most often for fire, flood, hurricane.

DeclaredIncidentDeclaration
April 5, 2020BiologicalDR-4529: Covid-19 Pandemic
March 13, 2020BiologicalEM-3460: Covid-19
October 29, 2014Severe StormDR-4199: Severe Storms And Flooding
October 29, 2013FloodDR-4152: Severe Storms, Flooding, And Mudslides
January 2, 2006FireFM-2600: Southeast New Mexico Fire Complex

Jobs and pay in Eddy County

Eddy County had 32,197 jobs in 2024, paying an average of $76,419 a year. Unemployment was 2.6% in 2023; in Happy Valley itself the ACS puts it at 18.1%.

Largest industries in Eddy CountyMining, oil & gas6,741 jobs · $109,698Retail3,478 jobs · $38,820Construction3,402 jobs · $82,166Health care & social assistan…2,767 jobs · $52,169Hotels & restaurants2,453 jobs · $28,476Administrative & support1,704 jobs · $100,612
BLS Quarterly Census of Employment and Wages, 2024, private-sector jobs and average annual pay.
Unemployment rate in Eddy County, 2000–20230%2%4%6%8%2000200420082012201620202023Eddy 2.6%
Annual average unemployment rate (BLS Local Area Unemployment Statistics via USDA ERS).

Towns near Happy Valley

Happy Valley questions

Is Happy Valley, New Mexico a good place to retire?

On The Town Files lifestyle rankings, Happy Valley scores better for retirees than 35% of New Mexico towns and quieter than 47%. 22.1% of residents are 65 or older (median age 52.1).

How much does a house cost in Happy Valley?

The median owner-occupied home in Happy Valley is valued at $200,000 (Census ACS 2020–2024), against a median household income of $62,215, so homes cost about 3.2 times income. Median rent is $1,115 a month.

What is the weather like in Happy Valley?

July highs average 95.4°F and January lows 29.5°F (NOAA 1991–2020 normals). It gets about 12.1 inches of precipitation a year and 2.7 inches of snow.

Does Happy Valley get tornadoes?

9 tornadoes have passed within 10 miles of Happy Valley since 1950 (NOAA Storm Events); the strongest was a F2 on June 7, 1992. The typical New Mexico town has had 3.

How this page is made. Every number comes from public data, matched to Happy Valley's Census boundary (GEOID 3531680). Comparisons use the median of New Mexico towns with at least 500 people. Weather comes from the nearest NOAA normals station; storm counts use NOAA tornado tracks within 10 miles of the town center. Data snapshot 2026-11-13.