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Chaves County, NM&

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0.31% decline
Median Age
Median Household Income
1.79% growth
Poverty Rate
Number of Employees
0.9% growth
Median Property Value
2.71% growth


The economy of Chaves County, NM employs 26,687 people. The economy of Chaves County, NM is specialized in Mining, Quarrying, Oil, Gas Extraction; Agriculture, Forestry, Fishing, Hunting; and Utilities, which employ respectively 8.68; 3.55; and 2.4 times more people than what would be expected in a location of this size. The largest industries in Chaves County, NM are Healthcare & Social Assistance (4,008), Retail trade (3,404), and Educational Services (3,000), and the highest paying industries are Mining, Quarrying, Oil, Gas Extraction ($52,712), Utilities ($42,461), and Transportation & Warehousing ($40,161).

Median household income in Chaves County, NM is $41,356. Males in Chaves County, NM have an average income that is 1.35 times higher than the average income of females, which is $33,592. The income inequality of Chaves County, NM (measured using the Gini index) is 0.429 which is lower than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Chaves County, NM. In Chaves County, NM the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 62 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,184. McKinley County, NM has the highest prevalence of homicides of any county in New Mexico.


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Chaves County, NM is home to a population of 65,610 people, from which 91.9% are citizens. The ethnic composition of the population of Chaves County, NM is composed of 36,047 Hispanic residents (54.9%), 26,879 White residents (41%), 1,091 Black residents (1.66%), 567 Two+ residents (0.86%), and 469 Asian residents (0.71%). The most common foreign languages in Chaves County, NM are Spanish (21,683 speakers), Chinese (155 speakers), and Vietnamese (142 speakers), but compared to other places, Chaves County, NM has a relative high number of Navajo (122 speakers), Thai (89 speakers), and Spanish (21,683 speakers).


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In 2015 universities in Chaves County, NM awarded 844 degrees. The student population of Chaves County, NM is skewed away from females, with 485 male students and 359 female students. Most students in Chaves County, NM are Hispanic or Latino (375 and 44.4%), followed by White (310 and 36.7%), Unknown (62 and 7.35%), and Black or African American (31 and 3.67%). The largest universities in Chaves County, NM by number of graduates are Eastern New Mexico University-Roswell Campus (732 and 86.7%), New Mexico Military Institute (112 and 13.3%), and N/A (N/A and N/A). The most popular majors in Chaves County, NM are Liberal Arts & Sciences (112 and 13.3%), Airframe Mechanics & Aircraft Maintenance Technology (47 and 5.57%), and General Studies (35 and 4.15%). The median tuition costs in Chaves County, NM are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.



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Housing & Living

The median property value in Chaves County, NM is $102,400, which is 0.5 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $99,700 to $102,400, a 2.71% increase. The homeownership rate of Chaves County, NM is 66.5%, which is higher than the national average of 63.6%. People in Chaves County, NM have an average commute time of 19 minutes, and they commute by Drove Alone. Car ownership in Chaves County, NM is approximately the same as the national average, with an average of 2 cars per household.


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