Pay and cost of living in Chaves County, NM
Across the 1 occupations we cover in Chaves County, NM, the middle median salary is $27,420 a year. Pay runs from $27,420 for Home Health and Personal Care Aides up to $27,420 for Home Health and Personal Care Aides, a spread of $0. Wages come from the Eastern New Mexico nonmetropolitan area survey area.
A one-bedroom apartment in Chaves County, NM has a HUD Fair Market Rent of $892 a month and a two-bedroom $1,091. Rent, food, home energy and gasoline for one adult add up to $17,396 a year. After federal, FICA and state income taxes, the average occupation here takes home $23,851 a year, and every one of the 1 occupations listed here earns enough take-home pay to cover the four basics.
Open any occupation below for its full payslip, the tax breakdown, the rent comparison and a plain-English explanation of what is left after the basics. Every figure uses the same method, so results are comparable from one job and one county to the next.
Housing, taxes and commute in Chaves County, NM
The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Chaves County, NM, set beside the New Mexico and national medians.
Median household income in Chaves County, NM is $52,938, 17% below the New Mexico median of $64,059 and $80,734 nationally. A year of one-bedroom Fair Market Rent ($10,704) equals 20.2% of that income. The median of the occupation medians listed here, $27,420, is 48% below household income, which is expected because a household can hold more than one earner.
Homeowners in Chaves County, NM pay a median of $935 a year in real estate taxes, 46% below the New Mexico median of $1,731. With a median home value of $156,400, 37% below the New Mexico median of $248,100, the ratio of the two medians is 0.60% a year.
Renters in Chaves County, NM pay a median gross rent of $867 a month in the Census survey, 19% below the New Mexico median of $1,067. HUD's one-bedroom Fair Market Rent used for the budgets on this site is $892; the Census figure covers rental units of every size.
Workers in Chaves County, NM who travel to a workplace spend an average of 19.3 minutes each way, 18% below the New Mexico average of 23.5. 5.4% of workers work from home, compared with 15.1% nationally.