Clovis, NM Economy


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Clovis, NM is a great place to live for anyone looking for an affordable and convenient lifestyle. The two bedroom rent in Clovis is $800 which is much lower than the US average of $1,430. Additionally, its grocery cost index of 94 compared to 100 in the US makes it very budget-friendly.
Local companies in Clovis include Plains Regional Medical Center, Curry County Government, Cargill Meat Solutions, and Central Valley Electric Cooperative. For those looking for fun activities or attractions there’s Blackwater Draw Museum & Natural History Center, Hillcrest Park Zoo, Norman Petty Recording Studios, and Clovis Main Street Farmers Market. There are plenty of outdoor recreational activities such as fishing at Ledoux Dams or camping at Ned Houk Memorial Park. With so many things to do in this small town Clovis NM has something for everyone!

Clovis has an unemployment rate of 5.7%. The US average is 6.0%.

Clovis has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Clovis
- The Sales Tax Rate for Clovis is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Clovis is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Clovis
- The average income of a Clovis resident is $22,351 a year. The US average is $28,555 a year.
- The Median household income of a Clovis resident is $50,109 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClovis, New MexicoUnited States
  5.76
  1.0%-6.2%
  29.8%33.5%
  8.2%6.2%
  4.9%4.6%
  $25,632$37,638
  $50,109$69,021
  $58,298$85,028
  Population by Occupation
  5.6%1.2%
  0.4%0.5%
  5.9%6.8%
  9.0%10.0%
  2.3%2.5%
  14.8%11.0%
  4.9%4.8%
  1.4%0.8%
  0.8%1.9%
  3.0%4.7%
  1.0%1.9%
  4.0%7.6%
  0.0%0.1%
  3.3%4.2%
  9.7%9.3%
  10.2%14.0%
  0.9%2.1%
  11.3%7.0%
  4.8%4.8%
  6.6%4.7%
Reviews for Clovis
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Over 4 years ago

I’ve lived here for almost 2 years now. This is by far the worst place I’ve ever lived. Nothing to do. ONE OB/GYN for the whole town. My skin & hair have never been so  More

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Clovis isn't going to win any beauty pageants, and driving along the highways you will see many old ugly buildings, and you will be driving through the poorest areas. If  More

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Literally the worst place I have EVER lived. Not only is there almost nothing to do, going out anywhere to do anything.. like grocery shopping, is just awful. I have  More

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