Department of Numbers

Chaves County New Mexico Household Income

The Census ACS 1-year survey reports that the median household income for the Chaves County New Mexico area was $42,003 in 2019, the latest figures available. Chaves County median household income is $9,942 lower than the median New Mexico household income and $23,709 less than the US median household income. 2020 county income data (including Chaves County median household income) will be released in September of 2021. Median family and per capita income for Chaves County are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Chaves County New Mexico

2019 1 Year Change 3 Year Change
US $65,712 +4.21% +7.05%
New Mexico $51,945 +8.16% +4.30%
Chaves County $42,003 -6.11% -3.74%

Trends in Chaves County, NM Real Median Household Income since 2005

The current median household income for Chaves is $42,003. Real median household income peaked in 2013 at $50,295 and is now $8,292 (16.49%) lower.

Real Median Household Income: Chaves County, New Mexico, National

Historical Inflation Adjusted Median Household Income for Chaves County

Date US New Mexico Chaves County
2019 $65,712 $51,945 $42,003
2018 $63,059 $48,024 $44,737
2017 $62,927 $48,751 $46,827
2016 $61,383 $49,804 $43,637
2015 $60,187 $48,972 $41,054
2014 $58,001 $48,430 $42,910
2013 $57,437 $48,227 $50,295
2012 $57,307 $47,476 $47,279
2011 $57,531 $47,804 $41,332
2010 $58,809 $49,460 $40,335
2009 $59,988 $51,396

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Chaves County Family Income

The ACS 1-year data shows the median family income for Chaves County was $49,955 in 2019. Compared to the median New Mexico family income, Chaves County median family income is $11,871 lower. As with the median household income data, 2020 family income data for Chaves County will be released in September of 2021.

Show dollars as: Nominal Real

Real Median Family Income for Chaves County New Mexico

2019 1 Year Change 3 Year Change
US $80,944 +4.06% +6.92%
New Mexico $61,826 +3.34% +2.17%
Chaves County $49,955 -4.08% -4.67%

Trends in Chaves County, NM Real Median Family Income since 2005

The current median family income for Chaves is $49,955. Real median family income peaked in 2012 at $58,972 and is now $9,017 (15.29%) lower.

Real Median Family Income: Chaves County, New Mexico, National

Historical Inflation Adjusted Median Family Income for Chaves County

Date US New Mexico Chaves County
2019 $80,944 $61,826 $49,955
2018 $77,786 $59,825 $52,082
2017 $77,064 $60,811 $55,966
2016 $75,707 $60,515 $52,401
2015 $73,660 $60,654 $50,131
2014 $71,246 $59,134 $53,529
2013 $70,386 $59,982 $56,997
2012 $69,752 $57,394 $58,972
2011 $70,009 $58,946 $51,481
2010 $71,221 $59,953 $52,940
2009 $72,962 $62,106

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Chaves County Per Capita Income

The ACS 1-year survey shows the per capita income for Chaves County was $22,545 in 2019. Compared to the median New Mexico per capita income, Chaves County median per capita income is $5,878 lower. As with the median household and median family income numbers above, 2020 per capita income data for Chaves County will be released in September of 2021.

Show dollars as: Nominal Real

Real Per Capita Income for Chaves County New Mexico

2019 1 Year Change 3 Year Change
US $35,672 +3.57% +7.57%
New Mexico $28,423 +5.23% +6.10%
Chaves County $22,545 +4.43% +5.70%

Trends in Chaves County, NM Real Per Capita Income since 2005

The current per capita income for Chaves is $22,545. Real per capita income peaked in 2013 at $24,792 and is now $2,247 (9.06%) lower. From a post peak low of $20,578 in 2015, real per capita income for Chaves has now grown by $1,967 (9.56%).

Real Per Capita Income: Chaves County, New Mexico, National

Historical Real Per Capita Income for Chaves County

Date US New Mexico Chaves County
2019 $35,672 $28,423 $22,545
2018 $34,444 $27,010 $21,588
2017 $33,788 $26,398 $23,467
2016 $33,163 $26,790 $21,329
2015 $32,351 $26,317 $20,578
2014 $31,228 $25,600 $21,542
2013 $30,982 $25,650 $24,792
2012 $30,476 $25,517 $23,732
2011 $30,425 $26,007 $22,181
2010 $30,622 $26,028 $20,643
2009 $31,545 $26,477

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