Chaparral, NM
18,186Residents
$46,017Median household income
$853/moMedian gross rent
$109,300Median home value
31.6Median age
11%Adults with a bachelor’s degree or higher
69%Homes lived in by their owners
2.4×Home value to household income
Median rent takes about 22% of the median household income in Chaparral.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $34,000 a year. In New Mexico that leaves roughly $2,319 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.