Happy Valley

(New Mexico)

Happy Valley is an unincorporated community and census-designated place in Eddy County, New Mexico, United States. Its population was 519 as of the 2010 census. The community is located on the western edge of Carlsbad; New Mexico State Road 524 passes through the area. The town was settled as a farming community before potash was manufactured here. It was named because the lack of land use regulations made residents happy.