Living in Truth or Consequences, New Mexico
Cost of living, income, home prices, rent and demographics of Truth or Consequences · Census data 2020–2024
Truth or Consequences has 6,019 residents with a median age of 44.6. The median household income is $33,788 (47% lower than the New Mexico median), the median home value is $124,600, the median rent is $714/month.
Truth or Consequences at a glance
- Population
- 6,019
- Median age
- 44.6State: 39.4
- Median household income
- $33,788State: $64,059
- Median home value
- $124,600State: $248,100
- Median rent
- $714/moState: $1,067
- Homeowners
- 58.2%
- Bachelor's degree or higher
- 18.3%
- Average commute
- 12 min
Is Truth or Consequences a good place to live?
Pros: Home values 50% lower than the state median; an average commute of 12 minutes; unemployment of 1.6%.
Cons: Median household income 47% lower than the New Mexico median; a poverty rate of 31.7%.
The weather is best in March to May and October.
Cost of living in Truth or Consequences
Housing is the biggest part of the cost of living. In Truth or Consequences the median home value is $124,600, 63% lower than the U.S. median. Renters pay a median of $714 per month, which is 29% of household income. Homeowners with a mortgage pay $992 a month in housing costs.
Truth or Consequences median household income
The median household income in Truth or Consequences is $33,788 and the income per person is $21,566. 31.7% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Truth or Consequences: homes for sale and rent
- Housing units
- 3,615
- Owner-occupied
- 58.2%
- Renter-occupied
- 41.8%
- Vacant
- 28.1%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.23
Truth or Consequences demographics
- Population
- 6,019
- Median age
- 44.6
- Under 18
- 25.1%
- 65 and older
- 25.9%
- Households
- 2,598
- Foreign-born
- 3.1%
- Veterans
- 9.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Truth or Consequences ›
Education in Truth or Consequences
18.3% of adults 25 and older in Truth or Consequences have a bachelor's degree or higher (New Mexico: 31%), and 7.2% have a graduate or professional degree.
Jobs and commute in Truth or Consequences
- Unemployment rate
- 1.6%State: 6%
- Average commute
- 12 minState: 24 min
- Work from home
- 6.7%
- Drive alone
- 75.3%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 83.2%
Truth or Consequences vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Truth or Consequences | 6,019 | $33,788 | $124,600 | $714 |
| Elephant Butte | 1,790 | $53,482 | $176,800 | $1,089 |
| Williamsburg | 466 | $29,250 | $43,600 | $424 |
| Las Palomas | 304 | $73,864 | $137,500 | — |
| Salem | 916 | $31,386 | $61,500 | — |
| Hatch | 1,588 | $43,486 | $102,800 | $503 |
| Rincon | 271 | $57,083 | — | — |
More for people moving to Truth or Consequences
Truth or Consequences ZIP code ›Weather and climate ›Living in Truth or Consequences: FAQ
What is the median household income in Truth or Consequences, NM?
The median household income in Truth or Consequences is $33,788, 47% lower than the New Mexico median of $64,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Truth or Consequences?
The median home value in Truth or Consequences is $124,600, compared with $248,100 in New Mexico.
How much is rent in Truth or Consequences?
The median gross rent in Truth or Consequences is $714 per month, about 29% of household income.
Is Truth or Consequences, NM a good place to live?
Pluses: home values 50% lower than the state median; an average commute of 12 minutes; unemployment of 1.6%. Minuses: median household income 47% lower than the New Mexico median; a poverty rate of 31.7%.
What is the median age in Truth or Consequences?
The median age in Truth or Consequences is 44.6 years (New Mexico: 39.4).
How long is the commute in Truth or Consequences?
The average commute to work in Truth or Consequences is 12 minutes; 6.7% of workers work from home.
What is the unemployment rate in Truth or Consequences?
The unemployment rate in Truth or Consequences is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Truth or Consequences?
18.3% of adults in Truth or Consequences have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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