Truth or Consequences, NM
Population 6,026 · New Mexico
About Truth or Consequences, NM
Truth or Consequences is a small town located in New Mexico with a population of 6,026 residents according to the latest US Census Bureau American Community Survey data. The median household income is $29,142 per year, which is 61% below the national median of $75,149. The median age of 42.7 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 Truth or Consequences features a median home value of $107,500, which is 56% below the national median of $244,900. This makes Truth or Consequences one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $676, 42% below the national average of $1,163/month. Of the 3,516 total housing units, 54% are owner-occupied (1,373 units) and 46% are renter-occupied (1,148 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Truth or Consequences shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 34.8%, above the national average of 12.4%. Workers in Truth or Consequences have an average one-way commute time of 10.6 minutes, one of the shorter commutes in the region.
Education & Demographics
19.3% of Truth or Consequences residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 22.1% White, 7.1% Hispanic or Latino, 0.9% Black or African American, and 12.5% Asian residents, with 2.6% of the population being foreign-born.
How Truth or Consequences Ranks in New Mexico
Cost of Living in Truth or Consequences, NM
Compared to national averages, Truth or Consequences has a median household income of $29,142 (61% below the national median of $75,149). Home values average $107,500, which is 56% below the national median. Monthly rent at $676 is 42% below the US average of $1,163. Within New Mexico, Truth or Consequences's income is 57% below the state average of $67,435, and home values are 54% below the state median of $233,762.
Why Live in Truth or Consequences, NM?
Truth or Consequences offers affordable housing with a median home value of $107,500, below the US average of $244,900, and rent that’s lower than the national average at $676/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features short commute times averaging just 10.6 minutes.
Potential considerations include median household income ($29,142) that falls below the national average. However, Truth or Consequences’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Truth or Consequences has a population of 6,026 with a median age of 42.7 years. Compare Truth or Consequences with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Truth or Consequences
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Raton | 6,013 | $52,007 | $148,200 | Compare |
| Santa Teresa | 5,973 | $60,759 | $216,600 | Compare |
| North Hobbs | 6,099 | $89,279 | $233,200 | Compare |
| Edgewood | 6,122 | $81,227 | $278,100 | Compare |
| Zuni Pueblo | 6,132 | $43,021 | $79,200 | Compare |
| Aztec | 6,177 | $42,699 | $164,700 | Compare |
| Los Ranchos de Albuquerque | 5,869 | $70,801 | $442,100 | Compare |
| Eldorado at Santa Fe | 5,746 | $96,692 | $542,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Truth or Consequences With Other Cities
Frequently Asked Questions about Truth or Consequences
What is the population of Truth or Consequences, NM?
The population of Truth or Consequences, NM is 6,026 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Mexico.
What is the median household income in Truth or Consequences?
The median household income in Truth or Consequences, NM is $29,142 per year, which is 61% below the national median of $75,149.
What is the median home value in Truth or Consequences?
The median home value in Truth or Consequences, NM is $107,500, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Truth or Consequences?
The median monthly rent in Truth or Consequences, NM is $676, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Truth or Consequences?
The unemployment rate in Truth or Consequences, NM is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Truth or Consequences, NM a good place to live?
Truth or Consequences offers a moderate cost of living, affordable housing, and a strong job market. With a population of 6,026 and a median age of 42.7, the city appeals to a broad range of residents.
How educated is Truth or Consequences, NM?
19.3% of residents in Truth or Consequences 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 Truth or Consequences?
Key cost-of-living indicators for Truth or Consequences, NM: median home value is $107,500 (56% below national), median rent is $676/month, and median household income is $29,142. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Truth or Consequences?
The poverty rate in Truth or Consequences, NM is 34.8%, 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 Truth or Consequences, NM?
Truth or Consequences's population is 22.1% White, 7.1% Hispanic or Latino, 0.9% Black or African American, 12.5% Asian, and 0.3% two or more races. 2.6% of residents are foreign-born.