Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Schools
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Chimayo, New Mexico is a small city with a population of 2,874 people. More than a quarter of the residents of Chimayo identify themselves as Hispanic or Latino, and 76% of the population speak Spanish as their primary or secondary language. 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 Chimayo offers up a higher than average one way commute time of 34 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Chimayo could be a positive experience compared to other cities in New Mexico if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like crime, education, employment and other key data points, finding the best places to live in Chimayo and in the areas around Chimayo is a much easier task.
The livability score in Chimayo is 65/100 and the city is ranked in the 59th percentile of all cities across America. If we examine each of the categories individually, we see that Chimayo ranks well for employment (A-). There are some categories that Chimayo scores poorly for, including: amenities (F) and education (F). It might be worth taking a closer look to determine why.
The Chimayo unemployment rate of 0.5% 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. Chimayo 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.
Assuming that Chimayo meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Chimayo. Everything else becomes a lot less important if it turns out that home prices in Chimayo are simply unattainable. Median real estate prices in Chimayo come in at $310,837, which is 9.6% higher than the New Mexico average. The home price to income ratio compares the median home prices to the median household income. In Chimayo, the home price to income ratio is 3.4, which is 19% lower than the New Mexico average.
| Statistic | Chimayo | New Mexico | National |
| Average one way commute | 34min | 22min | 26min |
| Workers who drive to work | 97.7% | 79.8% | 76.4% |
| Workers who carpool | 0.0% | 10.1% | 9.3% |
| Workers who take public transit | 2.3% | 1.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 2.2% | 2.8% |
| Working from home | 0.0% | 4.7% | 4.6% |
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