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Chimayo: Economy & Jobs

Earnings in Chimayo center on a median $56,484 (1.4× below Santa Fe County median $79,071; 1.1× below New Mexico median $64,059), with homes at a median value of $227,500. The surrounding county supports 9,291 jobs (avg $48,908).

Income & Affordability

Median household income $56,484 — below the New Mexico median ($68,317). Poverty rate 27.0% (U.S. average ~12.5%).

Affordability · Price To Income Ratio4.0×
Affordability · Rent To Income Pct18.5%
Affordability · Interpretationmoderate
Irs Income · IRS tax returns filed$17,620
Irs Income · Total Adjusted Gross Income (thousands)$926,800
Irs Income · Average AGI per return$52,599 (vs New Mexico $71,971)
Irs Income · Year2022
Income Estimate$59,602
Median Household Income$56,484 (vs New Mexico $68,317)
Poverty Rate27.0%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryProfessional
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$56,484

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 0.6% — below the U.S. average of ~4%. 15% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct14.9%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)9,291
Employment · Total annual wages (county)$454,428,263
Employment · Average annual pay$48,908
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment845,580
Unemployment Rate0.6% (vs New Mexico 3.4%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms16
Agriculture · Land In Farms Acres28,929
Agriculture · Avg Farm Size Acres1,808.10
Agriculture · Top CommoditiesCrop Totals, Animal Totals, Cattle, Horticulture Totals, Vegetable Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)537
Business Patterns · Total Employees5,259
Business Patterns · Annual Payroll Thousands196,316
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores5
Local Businesses · Liquor Stores3
Local Businesses · Gas Stations14
Local Businesses · General Merchandise12
Local Businesses · Beauty Salons3
Local Businesses · Auto Repair5
Local Businesses · Funeral Homes3
Local Businesses · Laundry Dryclean3

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants17
Dining Scene · Fast Food20
Dining Scene · Coffee Snacks3

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (4)

WaFd Bank
CHAMA BRANCH · 541 Terrace Ave · 87520
Wells Fargo Bank, National Association
ESPANOLA BRANCH · 645 N Riverside Dr · 87532
UMB Bank, National Association
TIERRA AMARILLA OFFICE · 173-45 Us Highway 64 · 87575
Century Bank
ESPANOLA BRANCH · 322 N Riverside Dr · 87532

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (1)

Family Dollar 7919
Other · 724 State Highway 76
Nearest Snap · NameFamily Dollar 7919
Nearest Snap · Total In Area1

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameGREATER BELEN CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$332,241,665
Federal Spending · Per Capita8,231.34 (vs New Mexico $15,382)
Federal Spending · Population40,363 people (vs New Mexico 47,638)

Sources: USAspending API

Other

Pct Drove Alone85.1%
Pct Walked14.9%
Retirement Score · Median age48.8 years (vs New Mexico 38.8y)
Retirement Score · Ss Household Pct26.0%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsolder population, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12