Everything You Need to Know About the City of South Valley New Mexico
In 2017, South Valley, NM had a population of 41.4k people with a median age of 39.6 and a median household income of $38,447 dollars. Between 2016 and 2017 the population of South Valley, NM declined from 41,397 to 41,391, a -0.0145 percent decrease, and its median household income grew from $37,639 dollars to $38,447 dollars, a 2.15 percent increase.
The population of South Valley, New Mexico is 80.5 percent Hispanic or Latino, 16.4 percent White Alone, and 1.51 percent American Indian & Alaska Native Alone. N/A% of the people in South Valley, NM speak a non-English language, and 87.3 percent are U.S. citizens.
The median property value in South Valley, NM is $141,000 dollars, and the homeownership rate is 74 percent. Most people in South Valley, NM commute by Drove Alone, and the average commute time is 23.6 minutes. The average car ownership in South Valley, NM is 2 cars per household.
85.5 percent of the population of South Valley, NM has health coverage, with 27.2 percent on employee plans, 36.3 percent on Medicaid, 10.6 percent on Medicare, 8.91 percent on non-group plans, and 2.52 percent on military or VA plans.
Per capita personal health care spending in the place of South Valley, NM was $7,214 dollars in 2014. This is a 5.16 percent increase from the previous year ($6,860 dollars).
Primary care physicians in South Valley, NM see 972 patients per year on average, which represents a 0.725 percent increase from the previous year (965 patients). Compare this to dentists who see 1218 patients per year, and mental health providers who see 237 patients per year.
Comparing across all counties in the state, Cibola County has the highest prevalence of diabetes (13.7 percent). Additionally, McKinley County has the highest prevalence of adult obesity (35.1 percent)
The economy of South Valley, NM employs 16.7k people and South Valley has an unemployment rate of 4.4 percent. South Valley has seen the job market increase by 3.3 percent over the last year. Future job growth over the next ten years is predicted to be 34.4 percent, which is higher than the US average of 33.5 percent. The largest industries in South Valley, NM are Construction (2,172 people), Health Care & Social Assistance (2,021 people), and Retail Trade (1,658 people), and the highest paying industries are Utilities ($55,481 dollars), Professional, Scientific, & Technical Services ($40,463 dollars), and Transportation & Warehousing, & Utilities ($38,750 dollars).
Households in South Valley, NM have a median annual income of $38,447 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $37,639 dollars in 2016, which represents a 2.15 percent annual growth.
Tax Rates for South Valley
– The Sales Tax Rate for South Valley is 6.4 percent.
– The Income Tax Rate for South Valley is 4.9 percent.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for South Valley
– The average earnings of a South Valley resident is $17,338 dollars a year.
– The Median household earnings of a South Valley resident is $36,746 dollars a year.
