Truth or Consequences, NM
6,019Residents
$33,788Median household income
$714/moMedian gross rent
$124,600Median home value
44.6Median age
18%Adults with a bachelor’s degree or higher
58%Homes lived in by their owners
3.7×Home value to household income
Median rent takes about 25% of the median household income in Truth or Consequences.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $29,000 a year. In New Mexico that leaves roughly $2,005 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.