Chico, NM
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Chico, NM: Quick Facts & Overview
- Population: 7,078 residents (1 people per sq. mi.)
- Average House Price: $150,453
- Average Household Income: $52,815
Chico, NM is located in the state of New Mexico. It is home to about 7,078 people, with around 1 residents living in every square mile.
If you want to buy a house in Chico, the average price is around $150,453. That makes local housing 35% lower than the New Mexico average of $230,737, and 51% lower than the national average of $308,592.
The average household in Chico earns about $52,815 a year. This income is 11% lower than the average family in New Mexico ($59,665), and 33% lower than the national average ($78,686).
Population
7,078
Median Household Income
$52,815
Median Home Value
$150,453
Median Age
45.7 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $32,144 |
| Labor Force Participation | 48.8% |
| Unemployment Rate | 3.9% |
| Average Commute Time | 19.0 mins |
Housing & Community Metrics
| Home Ownership Rate | 71.1% |
| Median Rent | $746 |
| Rent Burdened (>30% Income) | 24.0% |
| Total Housing Units | 3,123 |
Additional Census & Housing Profile
Geographic Overview
| County | Colfax |
| County FIPS | 35007 |
| Metro Area (CBSA) | - |
| Population Density | 1.0/sq mi |
| Coordinates (lat/lng) | 36.4867, -104.1928 |
| Timezone | America/Denver |
| National Ranking | 5 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.05 |
| Dual Income Families | 30.9% |
Marital Status
| Married | 35.4% |
| Never Married | 31.9% |
| Divorced | 21.4% |
| Widowed | 11.4% |
Gender
| Male | 49.5% |
| Female | 50.5% |
Health & Poverty
| Uninsured Rate (Health) | 8.9% |
| Poverty Rate | 22.4% |
Key Population Groups
| Veterans | 8.8% |
| Disabled Population | 26.1% |
| Limited English Proficiency | 2.9% |
All ZIP Codes in Chico
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 87740 | 7,078 | $52,815 | $150,453 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Maxwell, NM | 19.8 miles | 331 |
| Springer, NM | 24.2 miles | 1,017 |
| Des Moines, NM | 27.5 miles | 174 |
| Raton, NM | 30.7 miles | 6,026 |
| Roy, NM | 37.4 miles | 302 |
| Cimarron, NM | 39.9 miles | 701 |
| Wagon Mound, NM | 44 miles | 557 |
| Starkville, CO | 47.2 miles | 102 |
| Trinidad, CO | 50.3 miles | 8,286 |