Living in Chimayo, New Mexico
Cost of living, income, home prices, rent and demographics of Chimayo · Census data 2020–2024
Chimayo has 2,390 residents with a median age of 48.8. The median household income is $56,484 (12% lower than the New Mexico median), the median home value is $227,500, the median rent is $873/month.
Chimayo at a glance
- Population
- 2,390
- Median age
- 48.8State: 39.4
- Median household income
- $56,484State: $64,059
- Median home value
- $227,500State: $248,100
- Median rent
- $873/moState: $1,067
- Homeowners
- 77.8%
- Bachelor's degree or higher
- 9%
- Average commute
- 32 min
Is Chimayo a good place to live?
Pros: Home values 8% lower than the state median; unemployment of 1%.
Cons: Median household income 12% lower than the New Mexico median; an average commute of 32 minutes; a poverty rate of 27%.
The weather is best in April to June and September.
Cost of living in Chimayo
Housing is the biggest part of the cost of living. In Chimayo the median home value is $227,500, 32% lower than the U.S. median. Renters pay a median of $873 per month, which is 18.1% of household income. Homeowners with a mortgage pay $1,620 a month in housing costs.
Chimayo median household income
The median household income in Chimayo is $56,484 and the income per person is $32,626. 27% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Chimayo: homes for sale and rent
- Housing units
- 1,220
- Owner-occupied
- 77.8%
- Renter-occupied
- 22.2%
- Vacant
- 20.8%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.47
Chimayo demographics
- Population
- 2,390
- Median age
- 48.8
- Under 18
- 22.1%
- 65 and older
- 17.4%
- Households
- 966
- Foreign-born
- 1.1%
- Veterans
- 1.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Chimayo ›
Education in Chimayo
9% of adults 25 and older in Chimayo have a bachelor's degree or higher (New Mexico: 31%), and 2.8% have a graduate or professional degree.
Jobs and commute in Chimayo
- Unemployment rate
- 1%State: 6%
- Average commute
- 32 minState: 24 min
- Work from home
- 14.9%
- Drive alone
- 85.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 64.3%
Chimayo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Chimayo | 2,390 | $56,484 | $227,500 | $873 |
| Cuartelez | 1,512 | $114,151 | $304,700 | — |
| Santa Cruz | 228 | $33,750 | $253,100 | $850 |
| Cordova | 389 | $23,395 | — | — |
| Sombrillo | 168 | $243,750 | $324,100 | — |
| El Valle de Arroyo Seco | 1,293 | $67,826 | — | — |
| Ohkay Owingeh | 1,194 | $47,067 | — | $719 |
| Española | 10,473 | $47,667 | $210,800 | $829 |
| Nambe | 2,035 | $59,375 | $301,500 | $1,229 |
More for people moving to Chimayo
Chimayo ZIP code ›Weather and climate ›Living in Chimayo: FAQ
What is the median household income in Chimayo, NM?
The median household income in Chimayo is $56,484, 12% lower than the New Mexico median of $64,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Chimayo?
The median home value in Chimayo is $227,500, compared with $248,100 in New Mexico.
How much is rent in Chimayo?
The median gross rent in Chimayo is $873 per month, about 18.1% of household income.
Is Chimayo, NM a good place to live?
Pluses: home values 8% lower than the state median; unemployment of 1%. Minuses: median household income 12% lower than the New Mexico median; an average commute of 32 minutes; a poverty rate of 27%.
What is the median age in Chimayo?
The median age in Chimayo is 48.8 years (New Mexico: 39.4).
How long is the commute in Chimayo?
The average commute to work in Chimayo is 32 minutes; 14.9% of workers work from home.
What is the unemployment rate in Chimayo?
The unemployment rate in Chimayo is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chimayo?
9% of adults in Chimayo have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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