Chimayo is a city in New Mexico state in USA with a population of 2641 residents.. The poverty rate of Chimayo is 22.2%, which is 59% higher than national average. The typical household in Chimayo earns $56513 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 48.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Chimayo, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Chimayo remained 0%, which is 100% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Chimayo, only 18% of adults have a bachelor's degree and 47% have some college but no degree.

Cost of living in Chimayo is 0, which is 100% lower than national average. Median home value in Chimayo is $168000 , which is 27% lower than national average. While median income in Chimayo remained $56513, which is 16% lower than national average.