Los Chavez, NM Profile: Facts & Data

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Los Chavez, New Mexico - Basic Facts

The Los Chaves Census Designated Place had a population of 5,474 as of July 1, 2020. Los Chavez ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New Mexico. See peer rankings below.

The primary coordinate point for Los Chavez is located at latitude 34.7257 and longitude -106.7573 in Valencia County. The formal boundaries for the Los Chaves Census Designated Place encompass a land area of 10.23 sq. miles and a water area of 0 sq. miles. Valencia County is in the Mountain time zone (GMT -7). The elevation is 4,823 feet.

The Los Chaves Census Designated Place (GNIS ID: 2408136) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

New Mexico is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Los Chaves Census Designated Place is located within Los Lunas Division of Valencia County.

Alternate Unofficial Names for Los Chavez: Los Chaves.

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Los Chavez, NM Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 5,474 (100%)
Population in Households 5,470 (99.9%)
Population in Families 4,493 (82.1%)
Population in Group Quarters1 4 ( 0.1%)
Population Density 533
Diversity Index2 72
 
 

INCOME

Median Household Income $56,366
Average Household Income $68,195
% of Income for Mortgage4 12%
Per Capita Income $25,151
Wealth Index5 67
 

HOUSING

Total HU (Housing Units) 2,192 (100%)
Owner Occupied HU 1,723 (78.6%)
Renter Occupied HU 290 (13.2%)
Vacant Housing Units 179 ( 8.2%)
Median Home Value $166,053
Average Home Value $224,231
Housing Affordability Index3 204
 

HOUSEHOLDS

Total Households 2,013
Average Household Size 2.72
Family Households 1,398
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.04% -0.07%
Households 0.12% -0.01%
Families -0.19% -0.22%
Median Household Income   1.57%
Per Capita Income   2.11%
Owner Occupied HU   -0.01%

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Los Chavez, NM - Peer Comparisons by Rank and Percentile

The table below compares Los Chavez to the other 443 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 47 90th
Population Density # 99 78th
Median Household Income # 66 85th
Housing Affordability Index # 323 73rd
Per Capita Income # 157 65th
Diversity Index # 125 72nd

Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.

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