Clovis Metro Area, NM Economy


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United States / New Mexico / Clovis Metro Area / Counties / Cities / Zip Codes
Clovis, NM Metro Area is a great city to live in due to its affordable cost of living. Rent for two bedroom apartments are at $900 which is cheaper than the national average of $1430. Grocery costs are also lower than the US index number of 100 as it’s only 93 making groceries more affordable. The area also has a lot of companies and businesses such as Clovis Community Medical Center, Cannon Air Force Base, Plains Regional Medical Center, Dairy Queen, Wal-Mart Supercenter and many more. Being in the hub of New Mexico’s agricultural production Clovis offers plenty of job opportunities for people looking to stay and work in the area. With its low cost of living combined with a stable job market Clovis is a great city to live in.

Clovis Metro Area has an unemployment rate of 5.4%. The US average is 6.0%.

Clovis Metro Area has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Clovis Metro Area
- The Sales Tax Rate for Clovis Metro Area is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Clovis Metro Area 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 Metro Area
- The average income of a Clovis Metro Area resident is $25,966 a year. The US average is $37,638 a year.
- The Median household income of a Clovis Metro Area resident is $51,199 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClovis, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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