Valencia is an affluent neighborhood of Santa Clarita in Los Angeles County, California. It is located in the northwestern corner of the Santa Clarita Valley adjacent to Interstate 5. A formerly independent planned community, it was one of the four unincorporated communities (along with Saugus, Newhall, and Canyon Country) that merged to create the city of Santa Clarita, California, in 1987.[citation needed] As of 2010, the population of the 91355 zip code was 32,605 and the estimated median household income was $88,744.[2