Los Chaves, NM
Full City Profile · New Mexico · Valencia County County
Los Chaves, NM
At a Glance
How Los Chaves Compares to the U.S. Average
Each bar shows Los Chaves's value as a percentage of the national average (100% = U.S. avg)
Is Los Chaves a Good Place to Live?
Economy & Jobs
Los Chaves residents earn a median household income of $81,320 , which is 8% above the national average of $75,149. Per capita income is $51,525. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 9.9% of residents live below the poverty line. The area is home to 1,532 business establishments, including 85 restaurants.
Housing & Cost of Living
The median home value in Los Chaves is $240,500 , 15% below the national median of $281,900. Zillow estimates the typical home at $256,872. Median rent is $860/month, with 43.2% of renters spending more than 30% of income on housing. The cost of living index is 92.2 (100 = national average). The median home was built in 1988.
Education
35.3% of adults in Los Chaves hold a bachelor's degree or higher (5% above the national average). 91.7% have completed high school. Local schools score 4.7/10 in standardized testing.
Climate & Weather
Los Chaves has an average annual temperature of 56°F (13°C). Winters average 35°F in January while summers reach 78°F in July. Annual precipitation totals 9.2 inches. Air quality is rated Good with a median AQI of 43.