Clovis is a city in New Mexico state in USA with a population of 38701 residents.. The poverty rate of Clovis is 20.6%, which is 47% higher than national average. The typical household in Clovis earns $47794 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 12 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 52.5% 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 Clovis, only 79% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Clovis remained 8.8%, which is 87% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Clovis, only 20% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Clovis is 89, which is 11% lower than national average. Median home value in Clovis is $132300 , which is 42% lower than national average. While median income in Clovis remained $47794, which is 29% lower than national average.