Truchas, NM
Population 278 · New Mexico
About Truchas, NM
Truchas is a small community located in New Mexico with a population of 278 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,632 per year, which is 47% below the national median of $75,149. The median age of 66.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Truchas features a median home value of $0, which is 100% below the national median of $244,900. This makes Truchas one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,140, 2% below the national average of $1,163/month. Of the 195 total housing units, 53% are owner-occupied (72 units) and 47% are renter-occupied (64 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Truchas shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.8%, above the national average of 12.4%. Workers in Truchas have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
30.2% of Truchas residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.4% Black or African American, and 53.2% Asian residents, with 4.0% of the population being foreign-born.
Cost of Living in Truchas, NM
Compared to national averages, Truchas has a median household income of $39,632 (47% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $1,140 is 2% below the US average of $1,163. Within New Mexico, Truchas's income is 41% below the state average of $67,435, and home values are 100% below the state median of $233,762.
Why Live in Truchas, NM?
Truchas offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $1,140/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($39,632) that falls below the national average. However, Truchas’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Truchas has a population of 278 with a median age of 66.8 years. Compare Truchas with other cities to see how it stacks up, or explore all cities in New Mexico.
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Demographics
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Truchas
What is the population of Truchas, NM?
The population of Truchas, NM is 278 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New Mexico.
What is the median household income in Truchas?
The median household income in Truchas, NM is $39,632 per year, which is 47% below the national median of $75,149.
What is the median home value in Truchas?
The median home value in Truchas, NM is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Truchas?
The median monthly rent in Truchas, NM is $1,140, which is 2% below the national average of $1,163/month.
What is the unemployment rate in Truchas?
The unemployment rate in Truchas, NM is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Truchas, NM a good place to live?
Truchas offers a moderate cost of living, affordable housing, and a strong job market. With a population of 278 and a median age of 66.8, the city appeals to established professionals and retirees.
How educated is Truchas, NM?
30.2% of residents in Truchas aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Truchas?
Key cost-of-living indicators for Truchas, NM: median home value is $0 (100% below national), median rent is $1,140/month, and median household income is $39,632. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Truchas?
The poverty rate in Truchas, NM is 19.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Truchas, NM?
Truchas's population is 0.0% White, 0.0% Hispanic or Latino, 0.4% Black or African American, 53.2% Asian, and 0.0% two or more races. 4.0% of residents are foreign-born.