What percentage of people rent in Truth or Consequences, NM?

Name: Renters and owners in Truth or Consequences, NM, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

41.8% (±7.5 points) of the occupied homes in Truth or Consequences, NM are rented (2020–2024 American Community Survey).

That is 1,087 renting households against 1,511 that own their home.

In Truth or Consequences, the share of households that rent went from 36.1% in 2015–2019 to 41.8% in 2020–2024 (+5.7 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 41.8% (±7.5 points)
Renting households: 1,087 (±226)
Median renter income: $28,521 (±$10,888)

Who rents and who owns in Truth or Consequences

Tenure, estimate (90% margin of error)
	Truth or Consequences	Sierra County	New Mexico	United States
Renter-occupied share	41.8% (±7.5 points)	28.2% (±5.2 points)	30.0% (±0.4 points)	34.8%
Renting households	1,087 (±226)	1,534 (±310)	251,477 (±3,297)	45,017,354
Owning households	1,511 (±209)	3,906 (±351)	585,937 (±3,814)	84,210,142
Average renter household size	2.0 (±0.3)	1.9 (±0.3)	2.2 (±0.0)	2.3
Average owner household size	2.4 (±0.3)	2.1 (±0.2)	2.6 (±0.0)	2.6
Median renter household income	$28,521 (±$10,888)	$35,303 (±$13,415)	$40,497 (±$955)	$52,966
Median owner household income	$40,519 (±$10,563)	$43,173 (±$12,746)	$77,401 (±$970)	$100,009

In Truth or Consequences, the renter share is higher than in Sierra County (28.2%).

It is also higher than in New Mexico (30.0%).

It is not measurably different from the national figure (34.8%).

In Sierra County, Truth or Consequences ranks 1 of 3 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 22 of 205.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Truth or Consequences has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	36.1% (±5.3 points)	41.8% (±7.5 points)	+5.7 percentage points	Not a measurable change
Median gross rent	$493 (±$44)	$714 (±$60)	+44.8%	Up after inflation
Median household income	$23,988 (±$5,809)	$33,788 (±$8,927)	+40.9%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Truth or Consequences

Nearest places with a published estimate, compared with Truth or Consequences
Place	Distance	Households that rent	Compared with this place
Truth or Consequences	—	41.8% (±7.5 points)	—
Elephant Butte	5.0 mi	22.4% (±9.4 points)	Lower
Williamsburg	8.5 mi	19.9% (±15.6 points)	Lower
Hatch	40 mi	28.6% (±13.3 points)	Not measurably different
Radium Springs	57 mi	24.7% (±14.7 points)	Lower
Santa Clara	60 mi	19.9% (±9.1 points)	Lower
Bayard	60 mi	40.2% (±13.2 points)	Not measurably different
Magdalena	60 mi	7.4% (±10.6 points)	Lower
Socorro	60 mi	42.7% (±8.7 points)	Not measurably different

Nearby places with a measurably lower figure: Elephant Butte, NM (22.4%), Williamsburg, NM (19.9%), Radium Springs, NM (24.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Sierra County, place by place

Rank	Place	Households that rent
1	Truth or Consequences	41.8% (±7.5 points)
2	Elephant Butte	22.4% (±9.4 points)
3	Williamsburg	19.9% (±15.6 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Truth or Consequences

How many renters are there in Truth or Consequences?

Truth or Consequences has an estimated 1,087 (±226) renting households, 41.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Truth or Consequences?

In Truth or Consequences, the share of households that rent went from 36.1% in 2015–2019 to 41.8% in 2020–2024 (+5.7 percentage points), not a measurable change.

How big are renting households in Truth or Consequences?

A renting household in Truth or Consequences has 2.0 people on average, against 2.4 in an owned home.

How much do renters earn in Truth or Consequences?

The median renting household in Truth or Consequences, NM has an income of $28,521 (±$10,888) a year, against $40,519 for households that own their home.

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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.