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Market insights · New Mexico

Chaves County, NM: growth, migration and housing

Chaves County has 63,364 residents, down 2.8% since 2020 (-0.6% in the last year). In 2022–2023, 930 households moved in and 1,172 moved out (-242 net), while a net $21.6M of income left. Median household income is $52,938, the median home $156,400 and median rent $867 a month.

Population (2025)63,364
5-year growth-2.8%
1-year growth-0.6%
Net households moving in-242
Per 1,000 residents-3.8
Net income moving in-$21.6M
Median household income$52,938
Median home value$156,400
Median rent$867/mo
Rent as share of income20%

In New Mexico: 22nd of 33 counties for 5-year population growth · 27th of 32 counties for net in-migration (per resident) · 18th of 32 counties for median household income · 21st of 33 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Chaves County, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Eddy County, NM115$6.7M
Bernalillo County, NM78$3.3M
Doña Ana County, NM31$1.2M
Lea County, NM27$1.3M
Lincoln County, NM25$1.8M
Los Angeles County, CA23$1.0M
El Paso County, TX22$0.7M

Where leavers went

Top counties by households leaving Chaves County, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Bernalillo County, NM99$5.6M
Eddy County, NM96$6.0M
Doña Ana County, NM49$1.7M
Lubbock County, TX49$7.5M
Maricopa County, AZ42$2.0M
Lea County, NM41$1.7M
Lincoln County, NM31$1.8M
El Paso County, TX27$1.4M

BizyFi in Chaves County

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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.