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

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentTruth or ConsequencesSierra CountyNew MexicoUnited 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 more41.5% (±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

Estimate (90% margin of error)
Truth or ConsequencesSierra CountyNew MexicoUnited States
Paying 30% or more46.7% (±13.2 points)51.0% (±13.9 points)50.2% (±1.1 points)51.1%
Paying 35% or more41.5% (±12.6 points)40.6% (±11.8 points)41.7% (±0.9 points)41.9%
Median share of income29.0% (±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

Nearest places with a published estimate, compared with Truth or Consequences
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Truth or Consequences—46.7% (±13.2 points)—
Elephant Butte5.0 mi69.2% (±51.9 points)Not measurably different
Williamsburg8.5 mi16.3% (±18.8 points)Lower
Hatch40 mi26.6% (±34.9 points)Not measurably different
Radium Springs57 mi65.4% (±68.7 points)Not measurably different
Santa Clara60 mi45.3% (±40.2 points)Not measurably different
Bayard60 mi46.4% (±25.6 points)Not measurably different
Magdalena60 mi100.0% (±70.0 points)Not measurably different
Socorro60 mi57.2% (±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

RankPlaceRenters paying 30% or more of income
1Elephant Butte69.2% (±51.9 points)
2Truth or Consequences46.7% (±13.2 points)
3Williamsburg16.3% (±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

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.

Request a Census API 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 .

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