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.
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 | — |
| 2007 | $62,717 | $51,236 | — |
| 2005 | $60,684 | $49,201 | — |
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.
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 | — |
| 2007 | $75,612 | $61,379 | — |
| 2005 | $73,269 | $57,869 | — |
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.
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 | — |
| 2007 | $32,987 | $26,973 | — |
| 2005 | $32,854 | $27,293 | — |
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