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Truth or Consequences, NM

Full City Profile · New Mexico · Sierra County County

2.6 /5.0
C+ Fair
6,026 Population 215/sq mi density
$29,142 Median Income $20,293 per capita
$107,500 Home Value $155,514 Zillow
$676 Median Rent 31.0% income on rent
62°F Avg Temperature 330 sunny days/yr
345 Violent Crime/100K 1,122 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$29,142 median income, 0.4% unemployment
A+
Affordability
4.6 / 5.0
$107,500 home value, $676/mo rent
F
Safety
1.0 / 5.0
345 violent crimes/100K
C+
Education
2.5 / 5.0
19.3% bachelor's degree or higher

Housing Overview

Median Home Value
$107,500
62% below
US avg: $281,900
Median Rent
$676/mo
42% below
US avg: $1,163/mo
Homeownership Rate
54.5%
17% below US avg (65.4%)
Total Housing Units
3,514
Median year built: 1974

Home Value by Source

Census Median
$107,500
Zillow (ZHVI)
$155,514
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

54.5%
Owner-Occupied
45.5%
Renter-Occupied
55%
46%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Census median rent: $676/mo

Affordability & Housing Stock

Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
54.5%

Complete Housing Data

Home Values

Census Median Value$107,500
Zillow Home Value (ZHVI)$155,514

Rent

Census Median Rent$676
FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Ownership & Stock

Owner-Occupied54.5%
Renter-Occupied45.5%
Homeownership Rate54.5%
Total Housing Units3,514
Median Year Built1974
Rent Burden31.0%