How many renters in Truth or Consequences, NM pay more than 30% of their income on rent?
46.7% (±13.2 points) of renting households in Truth or Consequences, NM spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
41.5% spend 35% or more.
The median renting household spends 29.0% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 46.7% (±13.2 points)
- Paying 35% or more
- 41.5% (±12.6 points)
- Median share of income
- 29.0% (±5.3 points)
Rent as a share of income in Truth or Consequences
| Share of income spent on rent | Truth or Consequences | Sierra County | New Mexico | United States |
|---|---|---|---|---|
| Less than 15% | 14.1% (±11.0 points) | 12.0% | 14.3% | 12.6% |
| 15% to 19.9% | 8.4% (±6.4 points) | 8.2% | 12.5% | 12.2% |
| 20% to 24.9% | 14.3% (±9.3 points) | 11.3% | 11.5% | 12.6% |
| 25% to 29.9% | 16.5% (±9.7 points) | 17.4% | 11.5% | 11.5% |
| 30% to 34.9% | 5.2% (±3.8 points) | 10.4% | 8.5% | 9.2% |
| 35% or more | 41.5% (±12.6 points) | 40.6% | 41.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Truth or Consequences against Sierra County, its state and the nation
| Truth or Consequences | Sierra County | New Mexico | United States | |
|---|---|---|---|---|
| Paying 30% or more | 46.7% (±13.2 points) | 51.0% (±13.9 points) | 50.2% (±1.1 points) | 51.1% |
| Paying 35% or more | 41.5% (±12.6 points) | 40.6% (±11.8 points) | 41.7% (±0.9 points) | 41.9% |
| Median share of income | 29.0% (±5.3 points) | 30.5% (±5.0 points) | 30.1% (±0.5 points) | 30.6% |
| Median renter household income | $28,521 (±$10,888) | $35,303 (±$13,415) | $40,497 (±$955) | $52,966 |
| Median gross rent | $714 (±$60) | $729 (±$44) | $1,067 (±$11) | $1,413 |
In Truth or Consequences, the share of renters paying 30% or more of income is not measurably different from Sierra County (51.0%).
It is not measurably different from New Mexico (50.2%).
It is not measurably different from the national figure (51.1%).
In Sierra County, Truth or Consequences ranks 2 of 3 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 95 of 189.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Truth or Consequences
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Truth or Consequences | — | 46.7% (±13.2 points) | — |
| Elephant Butte | 5.0 mi | 69.2% (±51.9 points) | Not measurably different |
| Williamsburg | 8.5 mi | 16.3% (±18.8 points) | Lower |
| Hatch | 40 mi | 26.6% (±34.9 points) | Not measurably different |
| Radium Springs | 57 mi | 65.4% (±68.7 points) | Not measurably different |
| Santa Clara | 60 mi | 45.3% (±40.2 points) | Not measurably different |
| Bayard | 60 mi | 46.4% (±25.6 points) | Not measurably different |
| Magdalena | 60 mi | 100.0% (±70.0 points) | Not measurably different |
| Socorro | 60 mi | 57.2% (±15.6 points) | Not measurably different |
Nearby places with a measurably lower figure: Williamsburg, NM (16.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Sierra County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Elephant Butte | 69.2% (±51.9 points) |
| 2 | Truth or Consequences | 46.7% (±13.2 points) |
| 3 | Williamsburg | 16.3% (±18.8 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Truth or Consequences
Are renters in Truth or Consequences rent-burdened?
46.7% of renting households in Truth or Consequences pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Truth or Consequences spend on rent?
The median renting household in Truth or Consequences, NM spends 29.0% (±5.3 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Truth or Consequences city, New Mexico
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Truth or Consequences city, New Mexico
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Truth or Consequences city, New Mexico
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Truth or Consequences city, New Mexico (place:79840, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Truth or Consequences
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- Renters and owners in Truth or Consequences
- Income and affordability in Truth or Consequences
- Home values in Truth or Consequences
- Homeowner costs in Truth or Consequences
- Property taxes in Truth or Consequences
- Types of homes in Truth or Consequences
- Bedrooms in Truth or Consequences
- Age of homes in Truth or Consequences
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- Heating fuel in Truth or Consequences
- Commute and cars in Truth or Consequences
- Crime reported to police in Truth or Consequences
- Population growth in Truth or Consequences
- How long people stay in Truth or Consequences
- Crowding and facilities in Truth or Consequences
- New Mexico landlord and tenant rules
- Housing across Sierra County
- New Mexico places ranked by rent burden
- Housing data for every place in New Mexico