Salary & Cost of Living in Clovis, NM
Clovis, NM: $38,644 median salary, cost of living index 90.2, $12.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$38,644
$19/hr
Cost of Living
90.2
US avg = 100
Minimum Wage
$12.00
per hour
Unemployment
5.1%
rate
Clovis, NM Overview
Population
39,860
Median Salary
$38,644
Average Salary
$43,281
Avg Commute
18 min
Median Home Price
$241,000
Median Rent
$984/mo
Job Growth
+0.7%
Sales Tax
5.125%
Clovis is located in New Mexico with a population of 39,860. The median household salary is $38,644 per year ($19/hour), which is $20,740 below the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +0.7%.
Clovis Salary by Experience Level (2026)
Wage distribution in Clovis, NM based on BLS percentile breakdown of the $38,644 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $23,959 | $11.52/hr | 0–2 years |
| Mid-Level (Median) | $38,644 | $18.58/hr | 3–7 years |
| Senior-Level | $54,874 | $26.38/hr | 8–15 years |
| Top 10% (90th Percentile) | $68,786 | $33.07/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Clovis Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Clovis, NM, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$30,809
$2,567.41/month · $1,184.96/biweekly · Effective Rate: 20.3%
Gross Pay
$38,644
Federal Tax
-$2,599
State Tax
-$2,280
Local Tax
$0
FICA
-$2,956
Net Pay
$30,809
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,220.33 | $38,644.00 |
| Federal Income Tax | -$216.56 | -$2,598.78 |
| New Mexico State Tax (5.9%) | -$190.00 | -$2,280.00 |
| Social Security (6.2%) | -$199.66 | -$2,395.93 |
| Medicare (1.45%) | -$46.69 | -$560.34 |
| Net Take-Home Pay | $2,567.41 | $30,808.96 |
Salary Comparison: Clovis vs Other Cities
See how Clovis's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Clovis, NM | $38,644 | 90.2 | $42,843 |
| National Average | $59,384 | 100 | $59,384 |
| Central, LA | $38,631 | 89.5 | $43,163 |
| Greer, SC | $38,723 | 85.7 | $45,184 |
| Prairieville, LA | $38,805 | 92 | $42,179 |
| Bixby, OK | $38,373 | 88.5 | $43,359 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Clovis
Clovis's cost of living index is 90.2 (national average = 100). Living in Clovis is 9.799999999999997% less expensive than the national average.
Median Home Price
$241,000
Median Monthly Rent
$984
Annual Rent Cost
$11,808
Your Salary's Purchasing Power
Your $30,809 annual take-home pay in Clovis has the purchasing power of approximately $34,156 in an average-cost US area. Your $38,644 salary stretches further here than in most US cities.
Top Industries in Clovis
Clovis's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $38,644.
Salary Tips for Clovis Workers
- Maximize pre-tax deductions. With a 5.9% state income tax rate, maximizing 401(k) contributions (up to $24,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Clovis's top industries include Military, Energy, Tourism. Targeting roles in these sectors can help you earn above the $38,644 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Clovis salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Clovis-NM metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Clovis indexed at 90.2.
- Median salary calculation: weighted average of Clovis's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $38,644 annual median.
- Tax burden reflects New Mexico state income tax (5.9%) (no local income tax), sales tax (5.125%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Clovis: 5.1%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Military, Energy, Tourism — based on QCEW employment concentration data.
- Job growth: 0.7% projected through 2034, derived from BLS Employment Projections program for New Mexico.
- Housing context: median home price $241,000, median rent $984/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Clovis, NM:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Clovis unemployment rate
- U.S. Census Bureau — Clovis QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — New Mexico — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Clovis's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent New Mexico labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the median salary in Clovis, NM?
The median salary in Clovis, NM is $38,644 per year, or $19 per hour. The average salary is $43,281. This is $20,740 below the national median of $59,384.
What is the cost of living in Clovis, NM?
Clovis's cost of living index is 90.2 (national average = 100), meaning it is 9.799999999999997% less expensive compared to the national average. The median home price is $241,000 and the median monthly rent is $984.
What are the best industries in Clovis?
The top industries in Clovis, NM include Military, Energy, Tourism. The city has a job growth rate of 0.7% and an unemployment rate of 5.1%. Workers in these industries often earn above the city's median salary of $38,644.
How does Clovis's salary compare to other cities?
Clovis's median salary of $38,644 is 34.9% below the national median of $59,384. However, when adjusted for cost of living (index: 90.2), the real purchasing power is approximately $42,843.
What is the minimum wage in Clovis, NM?
The minimum wage in Clovis, NM is $12.00 per hour. This equals approximately $24,960 per year for a full-time worker (40 hours/week). This is $4.75 above the federal minimum wage of $7.25/hour.