Truth or Consequences Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Truth or Consequences, New Mexico? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Truth or Consequences, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Truth or Consequences is $28,685.00.

The chart below shows the average household income by age in Truth or Consequences.

  • Under 25
    $0.00
  • 25 to 44
    $71,473.00
  • 45 to 64
    $27,188.00
  • 65 and over
    $23,791.00

Average Household Income

A very commonly asked question is "what is the average household income in Truth or Consequences, New Mexico?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Truth or Consequences is $49,651.00.

0.00% of households in Truth or Consequences, New Mexico are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Truth or Consequences but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Truth or Consequences

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Truth or Consequences, New Mexico easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    44.60%
  • $25,000 to $49,999
    17.76%
  • $50,000 to $74,999
    13.52%
  • $75,000 to $99,999
    6.25%
  • $100,000 to $149,999
    15.48%
  • $150,000 to $199,999
    2.40%
  • $200,000 or more
    0.00%

Per Capita Income

The per capita income is the average income of all people in Truth or Consequences, New Mexico. This is calculated by dividing the total income of all people in Truth or Consequences by the total number of people in Truth or Consequences.

It differs from the average or mean household income because it includes all people in Truth or Consequences and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Truth or Consequences, New Mexico is $21,986.00.

Population in Truth or Consequences by Race and Ethnicity

The total population in Truth or Consequences is currently 6,030 people.

The race and ethnicity of the population in Truth or Consequences can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Truth or Consequences, New Mexico.

  • 17.40% White
    1,047
  • 63.20% Black/African American
    3,809
  • 56.00% Native
    3,378
  • 16.70% Hispanic
    1,005
  • 0.40% Asian
    22
  • 5.00% Hawaiian/Pacific Islander
    304
  • 0.00% Two or more races
    0
  • 0.50% Other
    31

Population of Truth or Consequences by Age and Gender

Another very important demographics statistic for Truth or Consequences, New Mexico is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 389 232
10 to 19 Years 414 437
20 to 29 Years 356 127
30 to 39 Years 326 307
40 to 49 Years 551 555
50 to 59 Years 223 226
60 to 69 Years 347 477
70 Years and over 507 556

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Truth or Consequences, New Mexico.

  • Master's degree or higher
    15.73%
  • Bachelor's degree
    23.49%
  • Some college or associate's degree
    11.99%
  • High school diploma or equivalent
    47.47%
  • Less than high school diploma
    1.31%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Truth or Consequences because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Truth or Consequences look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Truth or Consequences, New Mexico that are over the age of 16.

The current population in Truth or Consequences that are over the age of 16 is 4,781 people.

The unemployment rate in Truth or Consequences is 2.90%, which means 64 people are unemployed.

Median Age in Truth or Consequences

The median age is an interesting metric because it gives us an idea of the age distribution of people in Truth or Consequences, New Mexico. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Truth or Consequences is 42.7 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Truth or Consequences

42.7

Total

40.4

Male

44.5

Female

Households and Families

There are a total of 2,545 households in Truth or Consequences, and the average household size is 2.26 people.

For families, the total number is 1,213, and the average family size is 3.23 people.

22.50% of those families in Truth or Consequences, New Mexico are living below the poverty line.

The table below shows the poverty thresholds for Truth or Consequences in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Truth or Consequences, New Mexico for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 826 132 255 1,332
Average Household Size 3 3.92 4.93 1.14
Total Families 826 132 255 0
Average Household Size 2.89 3.43 4.22 0

Housing Data in Truth or Consequences

There are total of 3,514 housing units in Truth or Consequences, New Mexico. Of those units, 2,545 (72.42%) are occupied, and 969 (27.58%) are vacant.

Rental Rates

Of the 3,514 housing units in Truth or Consequences, 759 (21.60%) are occupied by renters. The median rent paid by renters is $686.00.

Owner occupied housing units make up the remaining 44.93% of housing units, with 1,579 housing units in total.

The table below breaks down how much rent is paid by renters in Truth or Consequences, New Mexico.

  • No rent paid
    207
  • Less than $500
    170
  • $500 to $999
    453
  • $1,000 to $1,499
    98
  • $1,500 to $1,999
    38
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in Truth or Consequences is $101,300.00.

The table below breaks down the range of valuations for all properties in Truth or Consequences.

  • Less than $50,000
    252
  • $50,000 to $99,999
    528
  • $100,000 to $149,999
    289
  • $150,000 to $199,999
    158
  • $200,000 to $299,999
    344
  • $300,000 to $499,999
    8
  • $500,000 to $999,999
    0
  • $1,000,000 or more
    0

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Truth or Consequences, New Mexico.

  • 1939 or earlier
    138
  • 1940 to 1949
    324
  • 1950 to 1959
    531
  • 1960 to 1969
    523
  • 1970 to 1979
    652
  • 1980 to 1989
    603
  • 1990 to 1999
    531
  • 2000 to 2009
    94
  • 2010 to 2013
    88
  • 2014 or later
    30

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Truth or Consequences has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    233
  • 1 vehicle available
    991
  • 2 vehicles available
    986
  • 3 or more vehicles available
    335

Commuting to Work in Truth or Consequences

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Truth or Consequences, New Mexico, how they commute, and how that correlates to other data points.

The average travel time is 13.1 minutes, and the chart below covers the range of travel times across the population of Truth or Consequences.

  • Less than 5 minutes
    352
  • 5 to 9 minutes
    675
  • 10 to 14 minutes
    435
  • 15 to 19 minutes
    133
  • 20 to 24 minutes
    173
  • 25 to 29 minutes
    25
  • 30 to 34 minutes
    51
  • 35 to 39 minutes
    54
  • 40 to 44 minutes
    0
  • 45 to 59 minutes
    0
  • 60 to 89 minutes
    59
  • 90 or more minutes
    28

We can also look at the means of transport in Truth or Consequences to see which modes of transport people are using to commute to work.

  • Drove alone
    1,520
  • Carpooled
    126
  • Public transportation
    0
  • Walked
    72
  • Other means
    267
  • Worked from home
    120

Conclusion

Hopefully this article has given you the demographics data you were looking for in Truth or Consequences, New Mexico.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Truth or Consequences.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Truth or Consequences Average Income, Population and Demographics". NameCensus.com. Accessed on March 29, 2024. https://namecensus.com/demographics/new-mexico/sierra-county/truth-or-consequences/.

  • "Truth or Consequences Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/new-mexico/sierra-county/truth-or-consequences/. Accessed 29 March, 2024

  • Truth or Consequences Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/new-mexico/sierra-county/truth-or-consequences/.