Los Chaves, NM
Population 4,641 · New Mexico
About Los Chaves, NM
Los Chaves is a small community in New Mexico with a population of 4,641 residents. The median household income is $81,320 per year, which is above the national average. The median age in Los Chaves is 46.8 years.
Housing in Los Chaves has a median home value of $240,500 and median monthly rent of $860. Of the 2,067 total housing units, the majority are owner-occupied, with 1,566 owner-occupied and 145 renter-occupied units.
The unemployment rate in Los Chaves is 2.5% and the poverty rate is 25.7%. 35.3% of residents hold a bachelor's degree or higher. The average commute time is 26.7 minutes.
How Los Chaves Ranks in New Mexico
Cost of Living in Los Chaves, NM
Compared to national averages, Los Chaves has a median household income of $81,320 (8% above the national median of $75,149). Home values average $240,500, which is 2% below the national median. Monthly rent at $860 is 26% below the US average of $1,163. Within New Mexico, Los Chaves's income is 21% above the state average of $67,435, and home values are 3% above the state median of $233,762.
Why Live in Los Chaves, NM?
Los Chaves offers a strong local economy with a median household income of $81,320, well above the national average, and affordable housing with a median home value of $240,500, below the US average of $244,900, and rent that’s lower than the national average at $860/month. Additionally, the city features a strong job market with an unemployment rate of just 2.5%, and a well-educated community where 35.3% of residents hold a bachelor’s degree or higher.
Los Chaves has a population of 4,641 with a median age of 46.8 years. Compare Los Chaves with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Los Chaves
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Paradise Hills | 4,662 | $74,403 | $241,300 | Compare |
| Lee Acres | 4,463 | $50,846 | $182,200 | Compare |
| Crouch Mesa | 4,419 | $56,676 | $76,800 | Compare |
| Placitas CDP (Sandoval County), New Mexico | 4,375 | $110,268 | $520,200 | Compare |
| Rio Communities | 4,924 | $46,223 | $200,000 | Compare |
| El Cerro Mission | 5,101 | $49,719 | $101,000 | Compare |
| Tucumcari | 5,197 | $39,915 | $56,400 | Compare |
| Holloman AFB | 4,052 | $51,205 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Los Chaves
What is the population of Los Chaves, NM?
The population of Los Chaves, NM is 4,641 according to the latest Census data.
What is the median household income in Los Chaves?
The median household income in Los Chaves, NM is $81,320 per year.
What is the median home value in Los Chaves?
The median home value in Los Chaves, NM is $240,500.
What is the average rent in Los Chaves?
The median monthly rent in Los Chaves, NM is $860.
What is the unemployment rate in Los Chaves?
The unemployment rate in Los Chaves, NM is 2.5%.