County profile
Chaves County, NM
United States · GDP 2024
#1013 of 3,127 US counties by GDPtop-quartile growthmore diversified than 65% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$2.9B
BEA · 2024
GDP growth (YoY)
+7.2%
BEA · 2024
Jobs tracked
16,093
Census CBP · 2023
Employers
1,342
Census CBP · 2023
Avg. wage
$45.3k
BLS QCEW · 2023
Population
63,364
Census PEP · 2025
Labor, income & education
Unemployment
5.8%
Median HH income
$52.9k±$2.8k
Bachelor's degree+
17.9%±1.7%
Poverty rate
24.3%±2.8%
Business applications
742 · 2025
Retail establishments
200
31.4/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Retail trade27%
Health care26%
Food & accommodation23%
Construction9%
Other services8%
Manufacturing7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
63,364
residents · 2025 · -2.7% since 2020
Income per capita $54.0k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−2,227
International migration+771
Natural change−360
GDP trend
2019–2024 · nominal
$2.2B2019
$2.2B2020
$2.3B2021
$2.6B2022
$2.7B2023
$2.9B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$156.4k±$9.3k
Median gross rent
$867/mo±$61/mo
Vacancy rate
11.7%±1.9%
Affordability
3.5× wages
Residential permits
$15.4M
75 units · 1.2/1k pop
FEMA risk score
87.6
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Drought 99Strong wind 95Winter weather 93
FHFA HOUSE PRICE INDEX · 2016–2025
2732016
2762017
2822018
2932019
3192020
3442021
3832022
3912023
4172024
4322025
RESIDENTIAL PERMITS · 2021–2025
↓ -18% since 2021922021
902022
722023
882024
752025
Transport access
BTS · FAA · USACE
Nearest interstate
177.0 km
I-40
Nearest freight rail
1.9 km
BNSF
Nearest port
858.6 km
CATOOSA FERTILIZER CO DOCKS
Nearest commercial airport
8.9 km
ROSWELL AIR CENTER
Wage trend
BLS QCEW · 2019–2023$45.3k
avg. annual pay · +21% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Chaves?
Chaves's economy produced $2.9B in 2024, growing 7.2% year over year — faster than most US counties. Its largest employment sector is retail trade.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.