Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
High crime rates per 100,000 people are reported in this area, potentially indicating that it is an unsafe place to live. These statistics consider both violent and property offenses.
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Located in the state of New Mexico, Los Chaves is a small-sized city with a population of 4,965 inhabitants. The majority of Los Chaves residents report their race to be White; this is followed by American Indian and Alaskan and Black. Additionally, more than a quarter of the population of Los Chaves are of Hispanic or Latino origin, and 18% of the population also speak Spanish. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Los Chaves offers up a higher than average one way commute time of 31 minutes.
If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a great experience if you are willing to get to know the city before actually living in Los Chaves, New Mexico. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Los Chaves, AreaVibes has created a livability score using key metrics like crime, health & safety, education, employment, housing and more.
Los Chaves has a livability score of 54/100 and is ranked #203 in New Mexico and #23,040 in the USA. This is not a favorable rating; as this score ranks among some of the lowest in America. Living in Los Chaves may not be a pleasant experience. If we consider each of the categories individually, we see that Los Chaves ranks well for cost of living (A+), employment (A) and housing (A-). There is at least one category that you should be aware of in Los Chaves. The following was graded with a discouraging score: amenities (F), crime (F) and education (F).
The Los Chaves unemployment rate of 0.82% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Los Chaves excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Los Chaves real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Los Chaves. The median home price for Los Chaves homes is $165,400, which is 2.4% higher than the New Mexico average. If we take a closer look at the affordability of homes in Los Chaves, we’ll see that the home price to income ratio is 2.4, which is 31.4% lower than the New Mexico average.
Statistic | Los Chaves | New Mexico | National |
Average one way commute | 31min | 22min | 26min |
Workers who drive to work | 80.7% | 79.8% | 76.4% |
Workers who carpool | 7.3% | 10.1% | 9.3% |
Workers who take public transit | 0.0% | 1.2% | 5.1% |
Workers who bicycle | 0.0% | 0.7% | 0.6% |
Workers who walk | 0.1% | 2.2% | 2.8% |
Working from home | 10.7% | 4.7% | 4.6% |